GIEAG Immobilien AG (GIEAG), a project developer operating nation-wide throughout Germany, has appointed Daniel Argyrakis as managing board member with responsibility for finance, risk management and investment management, effective as from 1 January 2025. “Daniel Argyrakis has an excellent network of investors and is a seasoned real estate financing expert. With him and Benjamin Johansson, we now have a strong corporate structure that secures our market position and places us in an excellent manner for the future,” as Professor Christoph Ehrhardt, Chairman of the Supervisory Board of GIEAG, stated. In his managing board position, Benjamin Johansson focuses on project development, asset management, ESG and human resources.
“I am excited about the new role and grateful for the trust the Supervisory Board has placed in me with my appointment to the managing board. Together with my fellow board member Benjamin Johansson and the team, our goal is to once again position the company more broadly in the future and leverage the emerging opportunities in the real estate market. In order to achieve this, we will actively engage capital partners and implement a sustainable strategy,” as Argyrakis stated.
‘We are pleased to be assigning responsibility between two executives in the future, in order to further strengthen the company’s management. “In 2025, we aim to drive our project pipeline forward and continue expanding and developing our residential portfolio,” says Benjamin Johansson, member of the GIEAG management board. GIEAG has a current development pipeline of around EUR 1.7 billion, of which The Nest technology park is accounting for around EUR 1 billion.
Daniel Argyrakis joined ZAR Real Estate Holding as CFO as of 2021 and played a key role in driving the company’s growth trajectory as well as the transformation from a pure project developer to a residential property holder. In recent years, Argyrakis has played a key role in building the team and company, and in 2021, he supported one of the largest transactions in the project development sector – the Castle Deal. Over the past 18 months, in his role as Managing Director and CFO, he has contributed to the acquisition of more than 11,000 residential units, as well as facilitating over half a billion euros in financing volume. The trained auditor and tax consultant was previously active at Deloitte and KPMG, advising real estate and private equity companies in various areas.
GIEAG Immobilien AG
Benjamin Johansson
Montgelasstraße 14
81679 München
ir@gieag.de
+49 89 290516-0
PB3C GmbH
Tauentzienstr. 16
10789 Berlin
gieag@pb3c.com
+49 30 726276-152
GIEAG is a family-run Munich real estate stock corporation. The shares of GIEAG Immobilien AG are traded on the Munich Stock Exchange. By combining the three asset classes - office, residential, logistics - and the two service areas of development and portfolio management, the company offers stability that is unique in the market. The GIEAG team of experts is a guarantor for innovative and forward-looking concepts.
Over the past 25 years, GIEAG Immobilien AG has developed and optimised a large number of real estate projects with areas of up to 145,000 square metres and an individual investment sum of 15 to 150 million euros. Partnership, transaction security, perseverance and speed are the basis of sustainable value development for GIEAG.