GSW Immobilien AG announced that Claus Wisser (Chairman of the Supervisory Board), Dr. Jochen Scharpe (Deputy Chairman of the Supervisory Board), Jan Bettink and Veronique Frede have stepped down from the Supervisory Board with effect from 31 December 2013. Uwe E. Flach, Dr. Andreas Kretschmer, Matthias H-nlein and Helmut Ullrich have been appointed as their successors by court order. All have extensive management experience and in-depth expertise in the real-estate business.

These new appointments are linked with the takeover of GSW Immobilien AG by Deutsche Wohnen AG in the fourth quarter of 2013.