Frankfurt, 5 May 2017 – FORE Partnership, the sustainable real estate investment platform for family offices and wealthy private investors, has appointed Ulrich Heinl MRICS, 43, as Investment Director. Based in Frankfurt, in this newly-created position he will be responsible for new German acquisitions as well as managing FORE’s existing local portfolio. He will report directly to FORE Managing Partner, Basil Demeroutis.
Heinl, who has more than 15 years’ experience in the real estate sector, is an acknowledged expert in acquisition and strategic asset management.
He spent the last six years at Allianz Real Estate Germany as Senior Sales Manager, where he headed an €800 million sales programme. Earlier in his career, Heinl worked for Henderson Global Investors and Commerz Grundbesitz.
Heinl, who holds a Master’s in Real Estate from Nottingham Trent University, is a graduate in real estate economics (ADI) and has a degree in business administration (FH).
Basil Demeroutis, Managing Partner of FORE: “We are very pleased to have secured such a senior, well-regarded person as Ulrich for FORE. His exceptional deal-making skills, coupled with his good network especially in sourcing off-market deals, are a major asset for our expert team and our clients.“
FORE concentrates on sustainable real estate strategies. Its strategy is to drive higher financial returns through an approach to sustainability that embodies four key areas: carbon reduction, social impact, the built environment and design. FORE targets office, residential and retail asset classes, primarily in the UK and Germany. The individual properties have investment lot sizes between €10 and €50 million. FORE currently manages investments worth more than €300 million, with a total floor area of around 70,000 sq m, around 35% of which is in Germany. This includes the “Geisberg Berlin” project, with 121 residential units currently in course of construction.