Ad hoc announcement pursuant to Art. 53 KR, 8 December 2023

Press release (PDF)
Image (JPG)

Zurich, 8 December 2023 – Helvetica Property Investors AG (Helvetica) is pleased to announce the appointment of Marc Giraudon as Co-CEO, effective 1 January 2024. He is set to become the sole Chief Executive Officer on 1 July 2024, subject to regulatory approval.

The Board of Directors of Helvetica has confirmed Marc Giraudon (55), a dual citizen of the United Kingdom and France, as the incoming Chief Executive Officer (CEO), effective 1 July 2024, subsequent to the Annual General Meeting. He joins from being a strategic advisor to Helvetica since late 2022, bringing his extensive knowledge from the real estate investment sector to the firm. He is set to follow Hans R. Holdener, the company’s current CEO and Co-founder, who has elected to pass on the mantle of leadership after a distinguished seventeen-year term as CEO.
In the interim, Hans R. Holdener will continue to serve as Co-CEO, working with Marc Giraudon to ensure a seamless hand-over and integration. After the six-month transition period, Hans R. Holdener will take on a business development role. In this new capacity, Hans R. Holdener’s efforts will be dedicated to leveraging his vast experience to Helvetica's future growth and expansion into new markets and client segments. 
Marc Giraudon is a real estate asset management expert and has three decades of professional experience in the field of real estate investments. Marc Giraudon`s ten-year tenure with Hines, the US-based global real estate investment and fund management firm, began when he took on the role of Managing Director for European Finance and Control. He was responsible for establishing and overseeing the company's European subsidiaries. Following his tenure there, Marc then founded Langham Hall, an international fund administration and professional services firm based in London, with offices in Jersey, Guernsey, Luxembourg and Hong Kong. Before starting at Helvetica, Marc Giraudon dedicated his efforts to working with private equity and real estate fund teams, enhancing strategic direction, improving efficiency, and increasing investor value. Marc holds the professional designation of a UK Certified Public Accountant and has earned an MBA from London Business School. 
Hans Ueli Keller, Chairman, says: “On behalf of the Board, we express our profound gratitude to Hans R. Holdener for his leadership and dedicated service over seventeen years at the helm of Helvetica. We respect his decision to transition responsibilities and look forward to this new chapter for the business. We are excited to welcome Marc Giraudon to our leadership team. His international experience and proven leadership skills make him exceptionally well-suited to steer our company into the future.”

Hans R. Holdener, CEO, says: “Having worked closely with Marc, I am convinced that his leadership is precisely what Helvetica requires to navigate the changing market conditions. Marc's contributions, particularly his operational enhancements, have already proven to be of significant value to our firm. I firmly believe in his ability to steer our company towards continued success.” 
Marc Giraudon says: “It is a great honour to accept the role of CEO at Helvetica, succeeding co-founder Hans R. Holdener. The company's market presence and the strong foundation built over nearly two decades are key factors that attract me to this role. I am eager to use my experience to provide increasing investor value and make further advances in Helvetica's level of institutionalisation. I look forward to driving Helvetica's continued success.”

Media contact

About Helvetica
Helvetica Property Investors AG is a leading real estate fund management and asset management company. We offer our clients sustainable value through active, long-term ownership of secure and stable real estate investments. With a fully integrated real estate investment platform, we offer standardized investment products as well as customized investment programs. We are proud of our long-standing reputation for excellent customer service and our commitment to responsible business practices. Our firm is licensed and regulated by the Swiss Financial Market Supervisory Authority FINMA.
www.helvetica.com

Disclaimer
This media release does not constitute a prospectus within the meaning of Art. 35 et seq. of the Federal Act on Financial Services or Art. 27 et seq. of the Listing Rules of SIX Swiss Exchange Ltd, nor does it constitute a Key Investor Information Document (KID) within the meaning of the Swiss Collective Investment Schemes Act or a basic information sheet. It does not constitute an offer or a recommendation to subscribe for or redeem fund units but is intended solely for information purposes. This media release may contain forward-looking statements that are subject to uncertainties and risks and may change. Historical performance is no guarantee of current or future performance. The performance data do not take into account any commissions and costs charged on the subscription and redemption of units. The documents that are solely relevant for an investment decision, the prospectus with integrated fund contract as well as the current annual report, can be obtained free of charge from the fund management company. This media release is not addressed to persons resident and/or domiciled outside Switzerland. In particular, this media release may not be made available or handed over to US persons within the meaning of the US Securities Act or US tax regulations, nor may it be distributed in the USA.
In case of doubt, the German version shall prevail.