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Effective 1 September 2024, Julius Baer has renamed its subsidiary Kuoni Mueller & Partner (KM&P) to Julius Baer Real Estate.
Meanwhile, Julius Baer bought the last minority shares in the business, which the Group now owns in full.
In order to address the need for real estate solutions as part of an all-encompassing wealth management strategy, Julius Baer purchased 83% of Zurich-based real estate services firm KM&P in October 2021.
Additionally, Julius Baer has revealed that Thomas Hodel will take over as CEO of Julius Baer Real Estate on 1 February 2025.
In this capacity, he will guide the business and strengthen its standing as one of Switzerland's notable suppliers of real estate services.
Hodel has extensive expertise at the transaction and managerial levels in the real estate brokerage industry, which is Julius Baer Real Estate's primary business.
Dominik Weber, the company's long-time CEO and previous majority shareholder, will continue to serve as a member of the Board of Directors and adviser to Julius Baer Real Estate once Hodel takes over.
Weber, who has vast experience in the real estate market, will stay dedicated to the company's development and will be fully engaged in client acquisition and mandate management on a regular basis.
Along with providing flawless property valuations, Julius Baer Real Estate is a real estate service provider, focusing on brokerage services for both owner-occupied and investment properties.
The company, which has its headquarters in Geneva and Zurich, serves both third-party clients and the Julius Baer Group.
Furthermore, earlier this month , Julius Baer named Andreas Weisshaupt as its new head of the Lucerne branch, starting from 2025.
He will succeed Jürg Haverkamp, who has headed the Central Switzerland branch over the past five years, after having held various management positions at Julius Baer in Lucerne since 1999. Jürg Haverkamp has decided to focus on client service until his retirement in 2026.
"Julius Baer alters firm Kuoni Mueller & Partner to Julius Baer Real Estate" was originally created and published by Private Banker International, a GlobalData owned brand.
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