Germany's KanAm Grund Group announced on Thursday that it is strengthening its institutional fund management business with the hire of Liane Gondrum from Principal Real Estate.
The real estate economist Liane Gondrum will join KanAm from March 1 as director Fund Management, responsible for the management of the KanAm Grund Group’s real estate special funds, the strategic development of fund planning and the operational implementation of fund-related measures.
Gondrum is going to further develop and broaden the extraordinary growth in this section of KanAm Grund Group. In 2019 the institutional investment business made up around 75% of KanAm Grund Group’s over 50 individual transactions in Germany and Europe, totaling over €2 bn. In addition, the unit launched new real estate funds, specifically adapted to client requirements, such as the Fokus Norddeutschland fund for institutional investors from the banking sector.
The KanAm Grund German Development Fonds, focusing on real estate development projects in the country, also took off last year with a total of six projects in 2019.
Before joining KanAm Grund Group, Liane Gondrum worked for companies such as Principal Real Estate Spezialfondsgesellschaft, Avia Rent and Allianz Global Investors.