Hans-Joachim Kühl

Principal Real Estate Spezialfondsgesellschaft mbH (PRES) is a real estate management firm headquartered in Frankfurt, Germany. The firm was founded in 2008 and is a subsidiary of Great Britain-based Principal Real Estate Ltd., which is owned by Principal Financial Group, Inc. (NASDAQ: PFG) in the US. PRES manages or sub advises real estate assets.

Commerz Real AG engages in the provision of asset and investment management services. Its products and services include open-ended real estate funds, institutional investments, infrastructure funds, alternative investment funds, asset structuring, and equipment leasing. The company was founded in 1972 and is headquartered in Wiesbaden, Germany.

Commerz Real Investmentgesellschaft mbH (CRI) is the fund management subsidiary of Commerz Real AG, itself a subsidiary of Commerzbank AG (ETR: CBK) in Germany. Founded in 1992, CRI is headquartered in Wiesbaden and manages real estate funds for retail investors.