Leadership changes at The Grounds following successful capital increase

The Grounds Real Estate Development AG has announced changes to its supervisory board following the successful completion of its capital measures. As part of the company’s new partnership with H.I.G., The Grounds is strengthening its leadership team with the appointment of Stelios Theodosiou, Managing Director at H.I.G. Realty Partners in London, and Daniel Wöhler, Director and Head of DACH at H.I.G. Realty Partners, London. Their appointment marks a strategic shift aimed at supporting the company’s growth and expansion plans.

The two newly appointed executives will replace Thomas Bergander and Eric Mozanowski on the supervisory board. Despite stepping down, Mozanowski will continue his involvement with The Grounds as one of its largest shareholders through ZuHause Immobilien Handelsgesellschaft mbH. Expressing gratitude for their service, Jacopo Mingazzini, a member of The Grounds’ management board, acknowledged the contributions of both departing members and highlighted their impact on the company’s development.

Following the recent acquisition of a single-family home portfolio in Potsdam, The Grounds is now actively exploring further investment opportunities. The company remains focused on its expansion strategy, leveraging its strengthened leadership team to identify and acquire new projects that align with its long-term growth objectives.

The appointment of Theodosiou and Wöhler to the supervisory board reflects The Grounds’ commitment to enhancing its strategic direction and capitalizing on emerging market opportunities with the support of H.I.G.’s expertise in real estate investments.

Photo: Stelios Theodosiou, Managing Director at H.I.G. Realty Partners in London