CSL Immobilien AG: CEO Yonas Mulugeta leaves the company

He has played a decisive role in shaping the company over the past 23 years, particularly in the last 15 years as CEO and partner, and has steadily developed the CSL Immobilien brand by opening up new markets and customer relationships - including the acquisition of the significant CS portfolio for Zurich and Lausanne, which Mulugeta completed in 2020. By bringing in the Migros Group as an important partner, Mulugeta set the course early on to ensure an orderly succession plan and a stable future for CSL Immobilien.

"On behalf of the Board of Directors, I would already like to thank Yonas Mulugeta for his many years of tireless commitment to CSL Immobilien. Together with the management, he has done an outstanding job and made the company a leading player in the real estate industry," says Markus Schawalder, VRP of CSL Immobilien. He added that CSL has already begun the search for a suitable successor. "CSL Immobilien is excellently positioned for the future, and it has been an honor for me to be part of this great team," says the CSL CEO. However, Yonas Mulugeta says it is time for him to move on to new business challenges and projects. "Nevertheless, I will remain closely connected to the real estate industry as an active entrepreneur." (bw)