Press –  08/30/2023

Sascha Basic Joins Management Board and Becomes Managing Partner for Deutsche Investment Group, Reinforcing the Operative Investment Business

Berlin

As of 1 September 2023, Sascha Basic will join Deutsche Investment Group and serve in two roles: For the capital management corporation licensed by the Federal Financial Supervisory Authority (BaFin), he will be in charge of the investment management on the senior executive level. At the same time, he has been appointed as Managing Partner of the recently formed private limited company, Deutsche Investment Management GmbH.

Sascha Basic has been active in the real estate industry for more than 20 years. During this time, he handled transactions worth a cumulative total of more than seven billion euros. After stints with HANSAINVEST and within the PATRIZIA group of companies, he served as managing director of the companies VALUES. Prime Locations GmbH and VALUES. Investment Management GmbH & Co. KG from 2019 through mid-2023. In addition to the transaction business, he was in charge of the Asset Management unit, responsible specifically for commercial real estate.

“Deutsche Investment maintains a holistic focus on stable growth. That is what motivates decisions like this one. Sascha Basic strengthens the core business of the corporate group: sales and transactions management. Times defined by volatile parameters necessitate a focus on robust management paired with a long-term sensibility for emerging opportunities. On the senior management level, we meet this requirement not least by taking Sascha Basic aboard, where he will joint Dirk Meissner as Chairman, Simon Graf and Andreas Rakel,” emphasised Andread Lehner, Chairman of the Supervisory Board of Deutsche Investment Kapitalverwaltung AG.

At the same time, Enver Büyükarslan, the main shareholder of Deutsche Investment Group, and Sascha Basic will be setting up a new private limited company, Deutsche Investment Management GmbH. Sascha Basic will hold an interest in the new company and take charge of its operating activities. The company’s purpose is to diversify the group’s product portfolio by expanding its activities into additional real estate asset classes in the social infrastructure segment. In addition, the group’s risk classes will be expanded to include value-add while single commercial investment mandates are to be intensified beyond the residential asset class. Going forward, the holistic approach of the group of companies will give investors the opportunity to buy into renewable energies investments.

“Due to the way it is organised in structural, human resource and financial terms, the Deutsche Investment Group offers a superb baseline set-up for exploiting market-driven opportunities. So, what I look forward to more than anything else is the prospect of helping to shape these freely defined development options and to master the associated challenges,” stated Sascha Basic.

“Given the current market cycle, it makes me particularly glad to have gained Sascha Basic for our Deutsche Investment Group. He will be instrumental in the consistent pursuit of our growth targets, and in the expansion of our group of companies. What I find particularly reassuring as partner is that Sascha Basic with his know-how will expand the need-driven value chain of our group – giving us every hope for a sustained long-term partnership,” added Enver Büyükarslan, the main shareholder of the Deutsche Investment Group.