Ellebracht to head Corestate’s enhanced sales initiative

Philipp Ellebracht.

Corestate Capital Group, which has enhanced its national and international sales structures, has appointed Philipp Ellebracht managing director and group head of sales (pictured right).

Ellebracht is responsible for managing and further developing all of Corestate’s sales activities and reports directly to CEO René Parmantier. In addition, Ellebracht is a member of two of the group’s main steering committees, the investment committee and the operational committee.

Parmantier explained: “We are increasing the power and success of our sales force, including the client services and product development and structuring subdivisions, and thus want to send a clear growth signal for the Corestate Group.”

He said that more efficient structures, increased capacities and greater focus on the individual demand profiles of clients are the right measures to implement Corestate’s growth ambitions and to underpin high quality standards.

Ellebracht previously worked for Schroder Real Estate for nearly ten years. He shaped Schroders’ real estate business as managing director of the KVG in Frankfurt/Main, also served as head of real estate product continental Europe, and was a member of the European real estate executive committee. Prior to that, Ellebracht worked for IVG Immobilien in Bonn.