Aquila Capital has further strengthened its real estate team with the appointments of Olaf Bruns as Head Fund Management Real Estate and Michael Husung as Head Client Advisory Real Estate. Olaf will be responsible for real estate fund and asset management and Michael for setting up a specialised real estate client advisory team.

The appointments are a response to growing interest in recent years among professional investors for real estate investments. As at the end of September 2017, annual real estate investment in Germany increased by almost 14 billion Euro to around 74 billion Euro in specialised open-ended funds and nearly doubled to 1.4 billion Euro in closed-end funds.

Olaf has more than 20 years’ experience in senior leadership positions in fund and portfolio management as well as business and product development for leading global real estate managers including CBRE Global Investors, UBS Global Asset Management, Union Investment Real Estate and the Warburg-HIH Group. He holds a degree in business administration from the University of Hamburg.

Michael has more than 20 years’ experience in the real estate industry, having previously held key positions in investor relations, capital raising and product development with UBS, AXA Investment Managers and Deutsche Bank/RREEF. He holds a diploma as a Certified G-REIT Manager of the and is a graduate in business administration from the FH Pforzheim.

Roman Rosslenbroich, CEO and co-founder of Aquila Capital, commented: "Olaf Bruns and Michael Husung are both highly experienced in real estate. Their expertise will play a key role in further expanding our offering to investors in this asset class."