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Thomas Hetz strengthens management team at Bank Austria Real Invest

Thomas Hetz joined the management team at Bank Austria Real Invest on 1 October. Hetz (50) has held various management and leadership positions at Immofinanz Group over the past seven years. The focus of his activities at Bank Austria Real Invest is Institutional Clients, including Investment Management, Portfolio Management, Asset Management and Development. Hetz not only has years of wide-ranging experience in the international real estate industry. After studying real estate economics at the European Business School and as a professional member of the Royal Institution of Chartered Surveyors, he also has the expertise it takes to strengthen the comprehensive real estate know-how of the team at Bank Austria Real Invest. The aim of expanding the management team is to institutionalise, further internationalise and expand the company’s real estate business.

The other members of the management team at Bank Austria Real Invest, Gerhard Dreyer (the management spokesman) and Günter Hofbauer, have remained the same. As the competence centre for real estate investment within UniCredit Bank Austria, Bank Austria Real Invest offers products including the real estate fund Real Invest Austria, which has a total of EUR 1.44 billion in assets under management and holds a 62.3 per cent share of Austria’s market for open-ended real estate funds. The company’s activities also include the design, management and sale of real estate investment products; the acquisition and asset management of fund properties; and participation in the financing of real estate development projects and portfolios.

As the managing director of Immofinanz Akquisition und Finanz Consulting, Thomas Hetz played a key role in developing Immowest, and he was a member of Constantia Immobilien-KAG’s management since its founding. Before joining Immofinanz Group, Hetz was responsible for open-ended and closed-ended funds and the Immo AGs on the real estate markets in Western and Eastern Europe, North America and Asia for Deutsche Bank Group. At DEKA, the initiator of open-ended funds for the German savings banks, Hetz was responsible for international business.

Enquiries: Bank Austria Real Invest GmbH
Gerhard Dreyer, Chairman of the Management Board, tel. 01/33171-75150
Thomas Hetz, Member of the Management Board, tel. 01/33171-75140

A reproducible photo of Thomas Hetz is available for download  here. The photo can be printed free of charge.

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