Frederick Widl becomes head of Switzerland at Axa IM Real Assets
Axa Investment Managers Real Assets (Axa IM Real Assets) appoints Frederick Widl as Country Head Switzerland. Current Switzerland Country Head Ernst Schaufelberger will retire at the end of January 2019, and Widl will assume his position in February 2019.
Frederick Widl has twelve years of experience in real estate and asset management and has been with Axa IM Real Assets since 2011. First he was Development Project Manager and since 2013 Head of Transactions in Switzerland. As Country Head, Widl will be responsible for all asset management and project development in Switzerland as well as leading the Swiss team. Before joining Axa IM Real Assets, Widl was Development Manager Real Estate CEE at project developer Strabag Real Estate.
Ernst Schaufelberger, Widl's predecessor as Country Head Switzerland, had been with Axa IM Real Assets since 2005.
In terms of asset value, Switzerland is Axa Real Assets' second-largest market, with assets under management here totaling around CHF 15 billion. In addition, the Swiss branch is a competence center for residential real estate and real estate development, Axa IM Real Assets further informs. The plan is to further increase the portfolio volume - through real estate acquisitions, refurbishments and project developments on behalf of clients.
