GalCap names new head of real estate transactions

Ridhima Sharma
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GalCap names new head of real estate transactions

GalCap Europe, the real estate asset and investment manager specialising in Austria and the Central European neighbouring countries has expanded its team with the appointment of David Hofer as director transactions.  

Hofer will be responsible for the buying and selling activities of all classes advised by GalCap. His focus will be on expanding the residential and office portfolio in Austria and further expanding the company's extensive international network. He will report directly to the management.

He has been in the real estate transaction area for over ten years. He comes from the Vienna Insurance Group, where he was head of Real Estate Investments with a geographic focus in Vienna, Poland, the Czech Republic and Hungary.

Previously, Hofer worked for several years as a transaction manager for the Immoeast / Immofinanz Group with a focus on Austria, Germany, Switzerland and the markets of Central and Eastern Europe.