Hamburg, April 17, 2019: The Hamburg-based real estate company Becken has installed a Board of Directors, which took up its duties in April 2019. The Board supervises and advises the management of the holding company and its three subsidiaries: Becken Development GmbH, Becken Asset Management GmbH and Becken Estates GmbH. The aim is to ensure the continued existence of the Becken company beyond Dieter Becken's role as owner. Dieter Becken, Managing Partner of Becken Holding GmbH, says: "It is a key concern of mine to ensure that Becken remains well positioned in the future, independently of me personally. The appointment of the Board of Directors is a decisive step for the sustainable development of Becken and as a foundation for securing the company's existence for future generations."

The Board will initially consist of four members. To ensure family influence, Dieter Becken as Chairman and Dr. Nadine Becken, Managing Partner of Capella Vermögensverwaltung, as his deputy, will take two of the four seats. Dr. Rainer Stockmann, founding partner of the law firm GSK STOCKMANN, and Klaus Kuder, Managing Partner of Kuder Familypartner GmbH, will contribute their expertise in the areas of real estate law and asset strategy consulting for family offices. Kuder was also responsible for the family office of Deutsche Bank for many years.

The articles of association of Becken Holding GmbH have already been amended in order to lay the foundations for the future activities of the Board of Directors. The focus of its deliberations will be on financial decisions and strategic business policy issues within the Group. Rules of procedure for the Board of Directors and uniformly defined acquisition templates in the context of real estate project development have also been agreed in order to further standardize the Group's operating activities and systematically manage risks.