GIEAG Immobilien AG is expanding its Board of Directors with Philipp Pferschy's switch to the Board. In future, Philipp Pferschy will be responsible for the areas of Controlling, Capital Markets and Financing, in particular for the equity and debt capital structuring of project development and portfolio acquisitions. Diplom-Betriebswirt Christoph Klotz (43), a member of the Board of Directors since the start of 2006, will remain as Director for the Project Development division.