Marc Balkenhol to step down from Management Board of IC Immobilien Holding AG

Marc Balkenhol (50) has decided to step down from the Management Board of IC Immobilien Holding AG, effective 31.12.2017.

As well as being a member of the Management Board of IC Immobilien Holding AG since November 2014, he is also the group's COO, heading the company's property management and shopping centre management divisions.

"We are sad to see someone of Marc Balkenhol's standing leave the company, and would like to place on record our gratitude to him for the valuable contribution he has made to the strategic repositioning and continued growth of our group of companies. We wish him the greatest success in his future endeavours", said Markus Reinert FRICS, Chairman and CEO of IC Immobilien Holding AG.

"On behalf of the Supervisory Board, I would like to thank Mr Balkenhol for all of his constructive and successful work", said Dr. Rainer Stockmann, Chairman of the Supervisory Board of IC Immobilien Holding AG.