Dr. Alan Cadmus, Chief Executive Officer
POLIS Immobilien AG

Dr. Alan Cadmus is the founder and CEO of POLIS Immobilien AG. Prior to jointly founding the company in 1998 with Delbrück & Co, Privatbankiers, he served as General Manager and Shareholder of BEAC Immobilien GmbH, a subsidiary of Delbrück focussed on real estate development. Between 1988 and 1992, Alan Cadmus worked at renowned law firms in Hamburg and New York. His areas of responsibility on the board of POLIS are strategy, portfolio management, acquisition, marketing and investor relations.

Alan Cadmus is a lecturer on the IREBS Real Estate Academy and member of the Working Group "Immobilien" (Real Estate) on the German Association of Financial Analysis and Asset Managment (DVFA). In addition, Alan Cadmus is member of the Working Group "New Financial Instruments" of the Federal Association of Free Real Estate and Residence Companies (BFW). In addition, Alan Cadmus is the author of several publications on the subject of real estate companies and REITs.

Alan Cadmus studied law in Hamburg, Munich and Goettingen and was awarded a doctorate of law from the University of Goettingen. He passed the bar examination in New York.

Dr. Matthias von Bodecker,
member of the Board of Management of
POLIS Immobilien AG

Matthias von Bodecker has been a member of the Board of Management of POLIS Immobilien AG since July 2001 and is responsible for finance, controlling, asset management and organization. Before joining the Company in 2000, he was a consultant at Arthur D. Little International, Inc., Berlin, in the department "Public Economy and Administration" and "Corporate Finance".

Matthias von Bodecker is a lecturer on the IREBS Real Estate Academy. He was awarded his doctorate at Humboldt University in Berlin at the Institute of Public Economics.