managing director / Johann Schad

Johann Schad is the Sole Principal of econfina GmbH, which he founded in 2005.

After graduating from German law school Johann Schad has started his real estate career working as a project
manager for a German development company. Subsequently he moved to the United States to work as an ac-
quisitions manager for a US-based Asset Management Company investing on behalf of German institutional in-
vestors. From 2002 to 2005 Johann Schad was employed by a Hamburg-based private bank and closed-end
fund within its real estate group and was in charge of cross-border investments as well as the conception and
the setting-up of development funds for retail clients.

Mr. Schad has participated in real estate transactions with an aggregate value in excess of 1.2 billion.
He closed transactions in Germany, the United States, France, and the United Kingdom. He is a director of
various real estate holding companies for his principal activities as well as on behalf of German institutions.

Johann Schad is a graduate of the University of Hamburg (law); in addition he holds the degrees of a Certified
Commercial Investment Member (CCIM Chicago) and European Real Estate Economist (European Business School).