Branicks Group AG announced that Sonja Warntges, Chairwoman of the Executive Board, will step down and leave the Executive Board by mutual agreement at the end of October 2026. Warntges has been a member of the Executive Board since May 2013, initially as Chief Financial Officer, and has served as Chairwoman since October 2017. Starting in November 2026, the Executive Board will consist of Josef Schultheis, who, in addition to his role as Chief Restructuring Officer, will assume Warntges's previous responsibilities, and Johannes von Mutius as Chief Investment Officer.
The leadership change comes at a critical juncture for the German real estate company. Warntges stated, "The past few years have been marked by successes, but also - most recently - by significant challenges. With the agreed-upon restructuring plan, we have reached an important milestone. That is why now is the right time to hand over responsibility." The restructuring plan likely addresses financial and operational hurdles, and her departure signals a transition to a new phase focused on stabilization and growth. The Supervisory Board Chairman thanked Warntges for her dedication during various phases of the company's development and wished her well in her future endeavors.
Branicks Group AG, formerly DIC Asset AG, is a leading German listed specialist for office and logistics real estate with over 25 years of experience. As of June 30, 2026, the company managed properties with a market value of EUR 10.1 billion in its Commercial Portfolio and Institutional Business segments. The Commercial Portfolio segment generates cash flows from stable rent revenues on long-term leases and optimizes value through active management and sales, while the Institutional Business segment earns recurrent fees from real estate services provided to national and international institutional investors.
The transition raises questions about the company's strategic direction. Josef Schultheis, as Chief Restructuring Officer, will now also take on Warntges's responsibilities, potentially indicating a continued emphasis on restructuring and financial stability. Johannes von Mutius as Chief Investment Officer will oversee investment strategies. The new leadership team must navigate a challenging real estate market while building on the restructuring milestone. Warntges's exit could be seen as a natural step after completing a critical phase, but it also removes a long-standing leader. Stakeholders will be watching closely to see if the new Executive Board can maintain momentum and drive the company forward.
For more information, visit www.branicks.com. The original release is available on www.newmediawire.com.
