EANS-Adhoc: ECO Business-Immobilien AG / Frank Brün joins Management Board of ECO Business-Immobilien AG

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31.12.2009

Frank Brün joins Management Board of ECO Business-Immobilien AG

Vienna, 31 December 2009. The Supervisory Board of ECO
Business-Immobilien AG has appointed Frank Brün, FRICS to the
company´s Management Board. Born in Germany, Mr Brün brings a wealth
of real estate expertise and management experience to his new post,
which he assumes on 1 February 2010 at the latest. "We are pleased to
have secured the services of an expert of Frank Brün´s calibre, and
someone who knows the real estate business inside out. Together with
Wolfgang Gössweiner he will be steering the company through the next
phase of its operational and strategic development," said Supervisory
Board Chairman Alexander Schoeller.

The ECO Management Board now consists of Wolfgang Gössweiner, who was
appointed Management Board spokesman with effect from 1 February
2010, and Frank Brün.

Frank Brün has degrees from the J.W. Goethe University in Frankfurt
am Main and the European Business School in Oestrich-Winkel. The
47-year-old has held a number of senior management posts in real
estate and finance in Germany. His most recent position was as
Director of Real Estate Investments at Strategic Value Partners
(Deutschland) GmbH. Mr Brün had previously worked as Managing
Director responsible for real estate at Harald Quandt
Vermögensverwaltung and as Corporate Real Estate Manager at Hochtief
AG. During his career Frank Brün has accumulated comprehensive
experience and outstanding expertise in real estate portfolio
management, and office and commercial property development. Mr Brün
became a Fellow of the Royal Institution of Chartered Surveyors
(FRICS) Deutschland in 2008.

At the request of the Supervisory Board, Friedrich Scheck continues
to exercise its Management Board function till the assumption of
Frank Brün.

end of announcement euro adhoc
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ots Originaltext: ECO Business-Immobilien AG
Im Internet recherchierbar: http://www.presseportal.de

Further inquiry note:

ECO Business-Immobilien AG

Wolfgang Gössweiner, Member of the Management Board

Tel.: +43(1)580 88-0

M.: +43 (0)676 621 55 80

mailto: goessweiner@eco-immo.at

Q-COM Financials

Roland Mayrl

Tel.: +43(1) 504 69 87-331

mailto:r.mayrl@qcom.at

Branche: Real Estate
ISIN: AT0000617907
WKN: A0D8RY
Index: Prime Market
Börsen: Wien / Regulated free trade