September 21, 2018
International Campus Group announced today that Horst Lieder has decided to change his role and will transition from CEO to the position of Chairman of International Campus Group. Horst Lieder founded International Campus Group with Rolf Engel/MMI GmbH in 2011, and has been responsible for building and leading a highly qualified team which has completed over 11,000 units of student housing projects, transforming the business into a leading continental student developer and manager. Horst Lieder will remain as a shareholder and continue to be involved in the company as a Member of the Board of Directors at IC Holding level. As part of his new role, Horst Lieder will continue to be involved in identifying new growth opportunities and thus make an active contribution to the long-term strategy of the group.
“After growing International Campus into the established business it is today and having recently secured Brookfield as a partner to pursue our ambitious growth plan, the time is now right for me to transition to a new role,” Horst Lieder commented. “I would like to thank the team for their support and commitment, and I look forward to using the freedom gained through the delivery of day-to-day operations to focus on the strategic development of the company.”
Zach Vaughan, Managing Partner and Head of Brookfield’s Real Estate activities in Europe commented: “Horst has spent the last seven years building International Campus into the successful business model that Brookfield was attracted to. We thank Horst for his dedication and leadership and we look forward to benefiting from his experience in the context of his new role as we move into the next phase of the company’s growth.” Rolf Engel will continue in his roles of Member of the Board of Directors, CEO of
IC Luxembourg and Head of International Campus Group's funds business, continuing to manage the company's funds and investor relationships.
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