Kruno Crepulja is Chairman of the Management Board / CEO of Instone Real Estate Group AG. At the same time, he is CEO of Instone Real Estate Development GmbH. He has comprehensive experience as an engineer, site manager and project developer as well as a 14-year career on the management boards of large development companies such as Wilma Wohnen Süd GmbH. He was appointed CEO of Instone Real Estate’s predecessor, formart, in 2008. Furthermore, between 2011 and 2013 he was responsible for HOCHTIEF´s project development in Europe.
Dr. Foruhar Madjlessi was appointed member of the Board of Directors / CFO of Instone Real Estate Group AG effective January 01, 2019. As a recognized capital market expert, he has extensive expertise in the field of corporate finance. He spent the past twelve years with Deutsche Bank, where he most recently served as Managing Director of the ECM division for Germany, Austria and Switzerland (DACH). Prior to that, he was responsible for various functions for Merrill Lynch in Frankfurt, London and New York.
Andreas Gräf is Member of the Management Board / COO of Instone Real Estate Group AG. At the same time he is COO of Instone Real Estate Development GmbH for the branches Northrhine-Westphalia and Rhine-Main.The trained construction administration manager has been working in the construction and real estate sector for 30 years. Andreas Gräf established residential development as a standalone business model at HOCHTIEF, and was appointed managing director of Instone Real Estate´s predecessor, formart, in 2008. Earlier, as the manager of various branches, he developed numerous projects in both the residential and commercial segments.
Torsten Kracht is Member of the Management Board / CSO of Instone Real Estate Group AG. At the same time, he is managing director of Instone Real Estate Leipzig GmbH and COO of Instone Real Estate Development GmbH for Saxony. More than 14 years of comprehensive practical experience have made Torsten Kracht an industry expert in the construction and real estate segment. As a member of the executive board of GRK Holding AG he had been responsible for the areas of sales and project development, and was appointed CEO of GRK Holding GmbH in 2016.
Harald Meerße was appointed in 2009 as a branch manager of Instone Real Estate´s predecessor, formart, and managing director in 2015. He has gathered over three decades of experience in the area of project realization while working with various real estate developers. Harald Meerße was a managing director of other medium-sized real estate developers for 14 years. Before his move to HOCHTIEF/formart he was the managing director of Koblenzer Lion Bau GmbH.
Having earned a degree in business administration, Andreas Rühle has been working in the real estate industry since 1998. He worked for a wide array of real estate developers, project development companies, and international fund initiators, where his role included responsibility for project acquisitions and the implementation of Project developments. In 2011, Andreas Rühle became a member of the management board of GRK Holding AG and – following GRK Holding AG’s reorganization – was later appointed member of the management board of GRK Holding GmbH.
Carsten Sellschopf is an industrial engineer (specialized in construction) with over 20 years of industry experience. He held a number of positions between 1997 and 2012 including branch manager of HOCHTIEF Projektentwicklung in Berlin and afterwards authorized officer of Investa Projektentwicklungs- und Verwaltungs GmbH (Berlin branch). Carsten Sellschopf returned to Instone Real Estate´s predecessor, formart, in 2014 and was appointed managing director in 2015.