BUSINESS MODEL

SIGNA sees digitalisation as an opportunity, and it intends to become a pioneering driver of digital services and new business models. The goal is to develop and accelerate start-ups and their business models with capital, own resources, know-how and a network, and to integrate innovative products into SIGNA’s value creation chain.

Innovations such as Smart Data, blockchain or Building Information Modeling do not pose a threat to one’s business model. They actually represent added value in terms of increased transparency, planning reliability, speed and savings. SIGNA Innovations AG (SIGNA Innovations) wants to invest in innovative real estate-related ideas, platforms and business models and to benefit from tech solutions and utilisation and service models. The focus is not just on interesting returns on investment.

SIGNA also wants to become an innovation leader. That is why SIGNA analyses future trends and aims to implement trend developments in its core business at an early stage.

MANAGEMENTSIGNA Innovations

Manuel Pirolt

Manuel Pirolt

Manuel Pirolt has been SIGNA Prime Selection AG’s CFO since 2013. He has been working for SIGNA in the areas of corporate finance, investment controlling and transaction management since 2011. He began his professional career at BDO Austria in the areas of auditing, special audits and transaction consulting. In addition to his main focus on the construction and real estate industry, he supported clients from a wide range of sectors.

Jürgen Fenk

Jürgen Fenk

Jürgen Fenk has been a member of the SIGNA Group Executive Board since 2017. Prior to that, he was a member of the Board of Management of Landesbank Hessen-Thüringen (helaba), where he was responsible for the Real Estate, Debt Capital Markets and Financial Institutions divisions. Mr Fenk can look back on many years of experience in the banking, capital markets and real estate business. His areas of activity at SIGNA include in particular banking, capital markets and capital sourcing for the Group. In addition, he is also establishing new business sectors in the areas of Prop-Tech, Debt Fund and Insurance Business for the SIGNA Group.

BOARDSIGNA Innovations

Christoph Stadlhuber

Christoph Stadlhuber

Christoph Stadlhuber, Austria CEO SIGNA Real Estate, started working with SIGNA in 2011 and is responsible for all real estate activities in Austria. Mr Stadlhuber is CEO of SIGNA Prime Selection AG, CEO of SIGNA Development Selection AG and Managing Director of SIGNA Holding GmbH. He completed his studies in Spatial Development and Planning at the Vienna University of Technology. Among other things, he was Chef de Cabinet of the Austrian Federal Minister of Economics and Labour, Dr. Martin Bartenstein. As Managing Director of Bundesimmobiliengesellschaft m.b.H. from 2003 to 2011, he can look back on many years of significant real estate experience.

Timo Herzberg

Timo Herzberg

Timo Herzberg, CEO Germany of SIGNA Real Estate, has been a member of the SIGNA Group Executive Board since December of 2018. Timo Herzberg has been working for SIGNA since the beginning of 2017. He is responsible for and manages all real estate activities in Germany. He can look back on more than 20 years of experience in real estate investment and development business with national and international, private and institutional real estate investors. In 2006, he founded the Signature Capital Group Germany, which he led as Director as well as Managing Director.

Dr. Dieter Berninghaus

Dr. Dieter Berninghaus

As of September 2016, Dr. Dieter Berninghaus took over as Chairman of the SIGNA Group Executive Board and Chairman of SIGNA Retail. Prior to this, from the beginning of 2008 to August of 2016, Mr. Berninghaus was a Member of the General Management as well as CEO at the Swiss Migros Group. This is where, in his position as a Member and Chairman of the Board of Directors, Mr. Berninghaus was responsible for the entire retail business and managed 15 companies of the Swiss retail giant. Mr Berninghaus also worked for Denner AG/Rast Holding AG (2004–2008) as a Member of the Board of Directors and subsequently as Chairman of the Board of Directors, and also as the CEO and Spokesperson of the Management Board of REWE Group (1999–2004). At Metro AG (1991–1999), Mr Berninghaus was responsible – most recently as Director – for the management of the Internationalisation and Strategic Corporate Development Group Division.