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Deka Immobilien Investment GmbH

Excellence in funds since 1966

Deka Immobilien Investment GmbH was founded as Despa (Deutsche Sparkassen-Immobilien-Anlage-Gesellschaft mbH) on 29 November 1966. A regulated management company and wholly owned subsidiary of DekaBank Deutsche Girozentrale, it manages investment funds centred on real estate, infrastructure and debt.

Deka Immobilien Investment GmbH oversees real estate asset management activities, as well as acquisitions and sales. It also provides real estate services for the entire real estate business division. Together with its affiliate WestInvest Gesellschaft für Investmentfonds mbH (WestInvest), the company does business under the name Deka Immobilien.

Alongside open-ended real estate mutual funds and real estate special funds with a variety of regional and sector-specific investment strategies, as well as real estate funds of funds, Deka Immobilien Investment GmbH offers a wide range of tailored solutions. Those solutions include single-account special funds with various regional and sector-specific investment strategies or tailored pooling vehicles and cooperation partner funds in alliance with external asset managers. The product range is rounded out by infrastructure funds of funds and open-ended debt funds, which institutional investors can use to invest in portfolios of real estate and infrastructure loans from Deka.

Management Board of Deka Immobilien Investment GmbH

Burkhard Dallosch

Managing Director, CRO/COO
At Deka since 2009

Burkhard Dallosch Managing Director, CRO/COO At Deka since 2009

Burkhard Dallosch has been a Managing Director of Deka Immobilien Investment GmbH and WestInvest Gesellschaft für Investmentfonds mbH since 2009. As COO/CRO, he is responsible for the Organisation, Risk and Finance divisions of the Deka Group’s Real Estate business division.

The business economist has more than 30 years of experience in the finance and real estate industries. Previous roles included head of Wohnungsbauförderanstalt (housing promotion agency – Wfa) for the state development bank of North Rhine-Westphalia (NRW Bank), CRO/CFO for a mortgage bank and head of a foreign branch of a major bank with responsibility for the Czech Republic and Slovakia.

Esteban de Lope Fend

Managing Director, Real Estate Fund Management
At Deka since 2002

 Esteban de Lope Fend Managing Director, Real Estate Fund Management

Esteban de Lope Fend has been a Managing Director of Deka Immobilien Investment GmbH and WestInvest Gesellschaft für Investmentfonds mbH since 2020 and is responsible for fund management, product development and sales support.

He has held a variety of positions at Deka since 2002, most recently as Head of Real Estate Fund Management for open-ended retail real estate funds and before that Fund Manager for the Deka-ImmobilienGlobal and Deka-ImmobilienEuropa real estate mutual funds for almost ten years. Before joining Deka, he worked as a construction and project manager at a variety of real estate and construction companies.

Esteban de Lope Fend is a Certified International Investment Analyst (DFVA) and holds degrees in civil engineering from the Karlsruhe Institute of Technology, industrial engineering from the University of Freiberg and real estate economics (ebs). He has been a member of the Royal Institution of Chartered Surveyors (MRICS) since 2005.

Johannes Hermanns

Managing Director, Real Estate Management
At Deka since 2008

Johannes Hermanns Managing Director, Real Estate Management

Johannes Hermanns has been Managing Director of Deka Immobilien Investment GmbH since 2024 and is responsible for real estate management. In this position, he is in charge of integrated portfolio management, leasing management and real estate project management for some 580 properties on five continents, as well as the sustainable transformation of the global real estate portfolio. Prior to being appointed as Managing Director, he headed up the Real Estate Management Germany department for ten years. Together with his four regional teams, he oversaw asset management activities for more than 250 German properties.

Hermanns has some 25 years of experience in various areas of the real estate sector. Before becoming Head of Deka’s Northern Region in 2008, he worked as a planning architect, as a sales manager in the construction supply industry and in various senior management positions at Allianz Real Estate. Hermanns has a degree in engineering from RWTH Aachen University and an MBA from ESB Reutlingen.

Victor Stoltenburg

Managing Director, Acquisitions and Sales
At Deka since 2008

 Victor Stoltenburg Managing Director, Acquisitions and Sales

Victor Stoltenburg has been a Managing Director of Deka Immobilien Investment GmbH since 2019 and Managing Director of WestInvest Gesellschaft für Investmentfonds mbH since 2024, and is currently the Head of Global Acquisitions and Sales in 27 countries.

He was Head of Acquisitions and Sales Germany for Deka Immobilien for close to 11 years before his appointment to Managing Director.

After studying law, he held a variety of legal positions at Pünder Volhard Weber & Axster (now Clifford Chance) in Berlin and Philipp Holzmann AG in Frankfurt, among others. Starting in 2005, he worked as Real Estate Investment Manager for SEB Immobilien-Investment GmbH (Frankfurt) and Union Investment Real Estate (Hamburg), where he was responsible for real estate investments in other European countries.