PATRIZIA Management

Management criteria checks 1/4

We currently do not have sufficient information about the CEO.

Key information

Asoka Wohrmann

Chief executive officer

€1.8m

Total compensation

CEO salary percentage	35.8%
CEO tenure	less than a year
CEO ownership	n/a
Management average tenure	3.7yrs
Board average tenure	1.8yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Asoka Wohrmann's remuneration changed compared to PATRIZIA's earnings?
Date	Total Compensation	Salary	Company Earnings
Dec 31 2023	€2m	€633k	€6m

Compensation vs Market: Asoka's total compensation ($USD1.88M) is above average for companies of similar size in the German market ($USD1.29M).

Compensation vs Earnings: Insufficient data to compare Asoka's compensation with company performance.

CEO

Asoka Wohrmann (58 yo)

less than a year

Tenure

€1,766,000

Compensation

Dr. Asoka Wohrmann was Chief Executive Officer of DWS Group GmbH & Co. KGaA since October 25, 2018 until June 09, 2022. He serves as Chief Executive Officer at PATRIZIA SE since May 02, 2023 and also serve...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Asoka Wohrmann	CEO & Chairman of Management Board	less than a year	€1.77m	no data
Wolfgang Egger	Founder	21.8yrs	€1.42m	no data
Christoph Glaser	CFO, Executive Director & Member of Management Board	2.1yrs	€1.10m	no data
Simon Woolf	Chief Human Resources Officer & Member of Management Board	5.3yrs	€698.89k	no data
Martin Praum	Senior MD of Investor Relations and Head of Investor Relations & Group Reporting	no data	no data	no data
Bernhard Magg	General Counsel	1.8yrs	no data	no data
James Muir	Head of Strategic Investments	no data	no data	no data
Peter Helfrich	Regional Head of South-West Europe	no data	no data	no data
Marcus Cieleback	Chief Economist	no data	no data	no data
Konrad Finkenzeller	Head of Global Client Solutions	6.6yrs	no data	no data
Jochen Reith	Head of Capital Markets-DACH	no data	no data	no data
Philipp Schaper	Senior MD	no data	no data	no data

3.7yrs

Average Tenure

55yo

Average Age

Experienced Management: PAT's management team is considered experienced (3.7 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Wolfgang Egger	Founder	1.8yrs	€1.42m	no data
Jonathan Feuer	Independent Deputy Chairman of the Board	1.8yrs	€153.00k	no data
Saba Nazar	Independent Non-Executive Director	1.8yrs	€84.50k	no data
Axel Hefer	Independent Director	1.8yrs	€96.00k	no data
Uwe Reuter	Independent Chairman of the Board	1.8yrs	€186.00k	no data
Philippe Vimard	Independent Director	1.8yrs	€94.50k	no data
Marie Lalleman	Independent Director	1.8yrs	€106.00k	no data

1.8yrs

Average Tenure

58.5yo

Average Age

Experienced Board: PAT's board of directors are not considered experienced ( 1.8 years average tenure), which suggests a new board.

PATRIZIA Management

Management criteria checks 1/4

Key information

Recent management updates

PATRIZIA SE, Annual General Meeting, Jun 12, 2024

Patrizia AG Announces Executive Changes

High number of new and inexperienced directors

Patrizia AG, Annual General Meeting, May 25, 2023

Patrizia AG Announces Executive Changes

Patrizia AG Names Christoph Glaser to Assume Responsibility for Risk Management, Investor Relations, and Procurement

Recent updates

Many Still Looking Away From PATRIZIA SE (ETR:PAT)

Full year 2023 earnings released: EPS: €0.068 (vs €0.083 in FY 2022)

New minor risk - Share price stability

Third quarter 2023 earnings: EPS and revenues exceed analyst expectations

PATRIZIA SE to Report First Half, 2024 Results on Aug 14, 2024

TEP VII fund managed by PATRIZIA SE (XTRA:PAT) acquired Piacenza Business Park from AKNO Group SA for €70 million.

Is PATRIZIA (ETR:PAT) Using Too Much Debt?

PATRIZIA SE (XTRA:PAT) acquired Large Urban Logistics Portfolio in Sweden from ÄLta Fastigheter Ab.

Second quarter 2023 earnings released: €0.075 loss per share (vs €0.019 profit in 2Q 2022)

PATRIZIA SE, Annual General Meeting, Jun 12, 2024

Investika Realitni Fond, Otevreny Podilovy Fond a fund managed by Investika, Investiana Spoleanost, A.S. acquired Royal Trakt Offices Building from PATRIZIA SE (XTRA:PAT).

Consensus EPS estimates fall by 32%

Now 20% undervalued

At €9.30, Is PATRIZIA SE (ETR:PAT) Worth Looking At Closely?

New minor risk - Share price stability

PATRIZIA SE to Report Fiscal Year 2023 Results on Mar 22, 2024

Calculating The Intrinsic Value Of PATRIZIA SE (ETR:PAT)

Lakeward Real Estate AG acquired office building in Stuttgart from PATRIZIA SE (XTRA:PAT).

Lakeward Real Estate AG acquired office building in Stuttgart from PATRIZIA SE (XTRA:PAT).

Upcoming dividend of €0.33 per share at 3.9% yield

PATRIZIA (ETR:PAT) Is Increasing Its Dividend To €0.33

Patrizia AG Announces Executive Changes

Should You Investigate PATRIZIA SE (ETR:PAT) At €9.74?

PATRIZIA's (ETR:PAT) Shareholders Will Receive A Bigger Dividend Than Last Year

Full year 2022 earnings released: EPS: €0.08 (vs €0.54 in FY 2021)

Does PATRIZIA (ETR:PAT) Have A Healthy Balance Sheet?

PATRIZIA (ETR:PAT) Is Paying Out A Larger Dividend Than Last Year

Price target increased by 11% to €13.16

A Look At The Intrinsic Value Of PATRIZIA SE (ETR:PAT)

TEP VII managed by PATRIZIA SE (XTRA:PAT) and Realm Management Limited completed the acquisition of Ringsted Outlet Center P/S from Agat Ejendomme A/S (CPSE:AGAT) and CapMan Real Estate Oy.

SBT Immobilien Gruppe acquired Two properties in Saarbrücken from PATRIZIA SE (XTRA:PAT).

TEP VII managed by PATRIZIA SE (XTRA:PAT) and Realm Management Limited agreed to acquire Ringsted Outlet Center P/S from Agat Ejendomme A/S (CPSE:AGAT) and CapMan Real Estate Oy for DKK 390 million.

TEP VII managed by PATRIZIA SE (XTRA:PAT) and Realm Management Limited agreed to acquire Ringsted Outlet Center P/S from Agat Ejendomme A/S (CPSE:AGAT) and CapMan Real Estate Oy for DKK 390 million.

These 4 Measures Indicate That PATRIZIA (ETR:PAT) Is Using Debt Reasonably Well

PATRIZIA SE (XTRA:PAT) acquired Advantage Investment Partners.

High number of new and inexperienced directors

Third quarter 2022 earnings: EPS and revenues exceed analyst expectations

PATRIZIA SE to Report Fiscal Year 2022 Results on Feb 28, 2023

Consensus EPS estimates fall by 23%

Why PATRIZIA SE (ETR:PAT) Could Be Worth Watching

Investor sentiment deteriorated over the past week

PATRIZIA SE (XTRA:PAT) acquired The Eight Building from Ekistics Property Advisors LLP.

Sidra Capital acquired The Bower office in Stockley Park from Clearbell Property Partners II LP managed by Clearbell Capital LLP and PATRIZIA SE (XTRA:PAT) for £74 million.

PATRIZIA SE (XTRA:PAT) acquired Purpose-Built Student Accommodation (PBSA) scheme in Turin for €70 million.

PATRIZIA SE to Report Fiscal Year 2022 Final Results on Mar 23, 2023

PATRIZIA SE to Report Fiscal Year 2022 Results on Mar 23, 2023

PATRIZIA SE (XTRA:PAT) acquired Two student accommodations in Barcelona.

Kvitebjørn Varme AS acquired SAREN Energy AS from PATRIZIA Infrastructure Debt Partners II managed by PATRIZIA SE (XTRA:PAT).

Price target decreased to €24.18

Second quarter 2022 earnings released: EPS: €0.02 (vs €0.12 in 2Q 2021)

Patrizia AG, Annual General Meeting, May 25, 2023

Patrizia AG to Report First Half, 2023 Results on Aug 11, 2023

Is Patrizia (ETR:PAT) Using Too Much Debt?

Investor sentiment improved over the past week

What Does Patrizia AG's (ETR:PAT) Share Price Indicate?

Patrizia AG (XTRA:PAT) acquired ANNA building complex from Aurelis Real Estate GmbH.

Analysts Are More Bearish On Patrizia AG (ETR:PAT) Than They Used To Be

Patrizia AG Announces Executive Changes

Upcoming dividend of €0.32 per share

Price target decreased to €24.92

Consensus forecasts updated

Need To Know: Analysts Are Much More Bullish On Patrizia AG (ETR:PAT)

Consensus revenue estimates increase by 12%

Price target decreased to €26.12

First quarter 2022 earnings: EPS exceeds analyst expectations while revenues lag behind

Patrizia AG Revises Earnings Guidance for 2022

Investor sentiment deteriorated over the past week

Patrizia (ETR:PAT) Could Easily Take On More Debt

IMAXXAM Asset Management GmbH acquired Retail park near Kiel from Patrizia AG (XTRA:PAT).