ADO Properties adds Kay Engbring to management team

  • Legal expert assumes position of General Counsel and Chief Compliance Officer (CCO) as of April 1

Berlin, April 4, 2017 – ADO Properties S.A. (“ADO Properties”), the only real estate company that is listed on the Prime Standard and focuses exclusively on Berlin, has further expanded its management team. As of April 1, 2017, Kay Engbring (46) assumed the newly created position of General Counsel and Chief Compliance Officer (CCO). As such, he holds group-wide responsibility for Legal & Compliance and reports to CFO Florian Goldgruber.

Before joining ADO Properties, Kay Engbring was head of the management unit at Gewobag Wohnungsbau-Aktiengesellschaft Berlin, and was responsible for corporate law, governance, risk & compliance, HR, organizational development and corporate communications. Prior to that, he was General Counsel and CCO at the then listed MDAX company GSW Immobilien AG for four years as an authorized representative.

Florian Goldgruber: “I am delighted that we have won an experienced manager and recognized legal expert with Kay Engbring, whose versatility and extensive expertise will greatly benefit ADO Properties.”

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About ADO Properties
ADO Properties is a pure-play, Berlin-based residential real estate company with more than 19,000 units. The Company has a fully integrated, scalable in-house platform with its own property management. Along with the responsibility for the condition of its apartments and buildings, ADO Properties also assumes responsibility towards people, employees, and neighborhoods. ADO Properties’ portfolio is focused on central locations in Berlin and attractive suburban districts.