Projektentwickler P&P Group verstärkt sich für weitere Expansion mit vier Immobilienexperten

Personnel announcement

Project developer P&P Group brings aboard four real estate experts

Robert Blumensaat, Maximilian zu Stolberg-Stolberg, Hanns-Kristian Künecke and Marco Altomari join the P&P team
Hiring campaign enabled by a history of successful and future-facing initiatives

Nuremberg, 2 November 2023 Project developer P&P Group is bringing aboard four experts from the areas of financing, transactions, law and sales. “Especially in economically difficult times for the real estate industry, it is important that we continue to operate in forward-looking ways. Above all, that includes setting up our company staffing so that we adroitly master future challenges and successfully position ourselves among the competition”, explains Eva-Maria Zurek, P&P Group CEO: “That is why we are currently strengthening our team with established experts in a wide variety of fields. Due to our robust management in the past, our extremely strong equity base and shored-up reserves, our economic situation is such that we can set the course for continued further growth not just with the start of additional projects, but also with our personnel line-up.”

Robert Blumensaat, Director Finance & Treasury P&P Group

Image: P&P Group

Robert Blumensaat will strengthen the P&P team in the area of financing. The 47-year-old financing expert will act as Director Finance & Treasury, an area he had most recently managed for a project developer in southern Germany. In the current environment, Blumensaat is able to draw most of all on his 25 years of professional experience in the banking sector. Of this time, he spent over ten years in commercial real estate financing for such companies as Uni Credit Austria, Berlin Hyp and PBB. “One of the factors that makes the P&P Group so attractive to me as an employer is its high diversification. That includes not just the new London market which is currently being opened for project development. The financing through Rivus Capital of start-ups engaged in real estate, infrastructure or ESG topics is just as exciting. Not only does that strengthen the economic foundation, it also adds special facets to my work in financing. The same is true for private equity investments and business acquisitions.”

Starting in November, Maximilian zu Stolberg-Stolberg will be Senior Transaction Manager at P&P. The 35-year-old has acquired a comprehensive knowledge of the many different facets of real estate transactions over the course of his previous positions – including at Riva Asset Management, the real estate agency Kriton Immobilien and MEAG, where he worked for the Investment Management arm of Munich RE. Zu Stolberg-Stolberg also gained international experience during his economics studies in Berkley, London, Dublin and Madrid. “From my previous encounters with the P&P Group, I know both how successfully projects are developed here, and also how strategic and quick the decision-making is”, says the the development specialist for southern Germany. “To me, that makes the P&P Group one of the best employers in the project developer segment in the current market phase.”

Maximilian zu Stolberg-Stolberg, Senior Transaction Manager P&P

Image: P&P Group

Hanns-Kristian Künecke, In-house counsel at P&P Group

Image: P&P Group

The rare combination of his construction engineering studies and legal degree as a specialist lawyer for construction and architecture law gives Hanns-Kristian Künecke the ideal qualifications for taking up his position as in-house counsel for P&P come November. Previously, the 38-year-old had put this double specialist knowledge base to use at the real estate offices of Glock Liphart Probst & Partner and of Bissel + Partner. “This is my first time working on the corporate side. After my prior experience, that is the right step for delving even deeper into the realm of project development”, says Künecke: “In a company on such an economically solid footing and with such a long project list, I am sure that will be especially exciting and varied.”

On 1 December, Marco Altomari, 39, will take over sales management at P&P. He previously worked at the real estate groups PROJECT Immobilien Gruppe and at d.i.i. Deutsche Invest Immobilien as director, with a remit covering residential real estate for the entirety of Germany. “That means my experience is the perfect fit for P&P’s real estate portfolio”, says Altomari, adding: “Those are ideal conditions for successful cooperation.” All the more so since with a return to P&P Group, Altomari will be going back to the roots of his successful career in the real estate business. From 2009 onward, he had already spent over two years working at P&P as deputy director of bank sales. “I am coming full circle. There are some colleagues I still know from back then. That will make it very easy to start back up at P&P.

Marco Altomari, Sales Management at P&P Group; Foto: P&P Group

For Eva-Maria Zurek, this is by no means the end of the hiring campaign. “We need highly qualified staff, and not just because of the total of ten new building projects with over 1,500 residential units we will be initiating in the Nuremberg and Munich metropolitan areas by the end of 2024.” As CEO, Zurek also points to the 100 million euro in equity that P&P is making available in that context to finance additional purchases of plots and existing buildings with the potential for refurbishment. “Taking advantage of this historical opportunity involves strengthening our team with additional outstanding specialists. That is why a targeted HR strategy is more important now than ever.”