At Vivion, we invest in office and hotel real estate assets in two of Europe’s strongest economies – Germany and the United Kingdom – in top-tier cities and metropolitan areas. Our portfolio generates stable rental income from a wide range of blue-chip tenants. We unlock value through our asset management activities, which further enhances income streams and capital values.
This “manage to core” strategy delivers strong cash flows and long-term sustainable returns for our investors. Longevity of income is supported by substantial average unexpired lease terms across the portfolio and a strong, well-diversified tenant base.
Directors and Management Team
Board of Managers
Vivion’s Board of Managers has the highest regard for corporate governance. Our corporate governance practices are designed to engender a culture of enduring and uncompromising integrity. The Board of Managers comprises eight members who each have extensive industry experience and knowledge, and resolves matters on the basis of a simple majority in accordance with the Company’s articles of incorporation.
Our Board of Managers has a checks-and-balances approach and conducts regular self-evaluation to ensure that it fulfils its remit effectively and complies with the corporate governance procedures that Vivion has implemented.
Ric Clark is the Co-Founder and Managing Partner of WatermanClark, a real estate investment and operating company formed in 2020. Previously, he served in senior leadership roles at Brookfield Asset Management and its affiliates since 1984, including Chairman and Chief Executive Officer of Brookfield Property Group, Brookfield Property Partners, and Brookfield Office Properties.
Under his leadership, the property group grew assets under management from less than $5 billion to more than $200 billion and expanded beyond the office sector into multifamily, industrial, hotel and retail. He is currently Chairman of the Alliance for Downtown New York and the Downtown-Lower Manhattan Association, and serves on the Executive Committee of the Real Estate Board of New York, the Board of Trustees of the National September 11 Memorial, the Ronald O. Perelman Performing Arts Center and the Feinstein Institute of Medical Research. He holds a B.S. in business from Indiana University of Pennsylvania.
Dr. Jacob A. Frenkel is Chairman Emeritus of the Group of Thirty (G-30) and Chairman of the Board of Directors of Plus500 and Brainstorm Cell Therapeutics. He previously served as Chairman of JPMorgan Chase International, Chairman and CEO of the G-30, Chairman of the G-30 Board of Trustees, Vice Chairman of American International Group and Chairman of Merrill Lynch International.
He served two terms as Governor of the Bank of Israel and earlier was Economic Counselor and Director of Research at the International Monetary Fund. During 1973-1987 he was on the faculty of the University of Chicago. He is a Fellow of the Econometric Society, a Foreign Honorary Member of the American Academy of Arts and Sciences and a Distinguished Fellow of the CEPR. Dr. Frenkel holds a B.A. in economics and political science from the Hebrew University of Jerusalem, and an M.A. and Ph.D. in economics from the University of Chicago.
Mr. Katz has more than 20 years of experience in the asset management sector, with experience in private equity, real estate, M&A and financing. He is a founder and Managing Partner at Bow Street LLC, a global institutional alternative asset management firm. Prior to founding Bow Street, he was a Managing Director at Brahman Capital and previously worked at Rho Capital Management and in the Global Mergers & Acquisitions Group at Merrill Lynch.
As well as serving on the Board of Vivion, Mr. Katz sits on the Board of Directors of Veris Residential (formerly Mack-Cali Realty Corporation) and TransAtlantis Funding. He holds a B.A. in Economics and Philosophy, summa cum laude, from York University in Toronto and an M.B.A. from Harvard Business School.
Sascha Hettrich has more than 35 years of experience in real estate having held a range of senior positions at different advisory firms. He was an equity partner of King Sturge Germany, a major shareholder of Knight Frank Berlin and a European equity partner at JLL in Frankfurt, Berlin and New York.
He has also served as member and chairman of supervisory boards of listed real estate companies and acted as chairman and acting chairman of advisory boards of real estate service companies. He is a member of the Institute for Corporate Governance for the German Real Estate Industry and is a fellow of the Royal Institution of Chartered Surveyors, where he served as chairman for the German chapter of the RICS.
Lefteris Kassianos is a Certified Public Accountant with more than twenty years of senior-level experience in audit, financial reporting and corporate advisory services. He previously served as a Director at KPMG Cyprus, where he led complex audit engagements for European listed real estate groups, overseeing regulatory compliance, financial reporting and governance matters.
Prior to joining KPMG, Mr. Kassianos was a Manager at Deloitte Cyprus, providing assurance and advisory services to a broad portfolio of local and international clients, including groups with cross-border structures and listed entities. He is a Fellow Member of the Association of Chartered Certified Accountants (FCCA) and holds an MBA from the University of Sunderland, as well as a Bachelor degree in Business Studies from The Philips College, Cyprus.
Dan Irroni (CPA Isr.) holds a Master of Business Administration from Tel Aviv University and a B.A. in Economics and Accounting from Ben-Gurion University. He has over 15 years of experience working in the financial sector. Among other positions, Mr. Irroni was a Director of international business at KPMG Israel, leading the international real estate desk.
Before that, he held the position of manager in the IPO unit of KPMG the Netherlands.
Jan Fischer has more than eight years of experience working in the financial sector, having started his career as a qualified tax advisor. This role included various directorship mandates, mainly in the real estate and private equity industries, for both regulated and non-regulated structures.
Mr. Fischer holds a BA in financial management and marketing.
Paolo De Conti joined the Vivion Group on 1 June 2025 as Executive Manager in Luxembourg. He brings nearly 20 years of experience in the Luxembourg financial services and investment fund industry, with a strong focus on real estate structures. Prior to joining the Group, he spent nearly 11 years at a Luxembourg-based Alternative Investment Fund Management Company managing real estate funds.
During this period, he progressed from Fund Administrator to senior management roles and was appointed Managing Director, being responsible for the overall management and strategic direction of the AIFM, and Conducting Officer – a Luxembourg-specific senior management function subject to supervision by the CSSF – entrusted with the day-to-day conduct and regulatory oversight of the AIFM. Earlier in his career, Paolo spent almost 9 years with a leading U.S. financial services provider in Luxembourg, where he gained broad operational experience across Transfer Agency, Fund Accounting and Fund Investment Compliance functions, primarily servicing UCITS funds. He holds a Diploma in Business Administration from the Verwaltungs- und Wirtschaftsakademie Saarbrucken.
Senior management
Our Senior Management team is a multi-disciplinary group of highly experienced, seasoned professionals who each have prior experience in some of the top corporate names in real estate, finance or hospitality. Each is an expert in their field and has joined Vivion because of one central shared goal: the pursuit of excellence on behalf of our Shareholders.
Sven Scharke has over 20 years of experience in property leasing and investments. Before joining Vivion, he was a National Director at property consultant JLL and the team leader for Office Leasing Brokerage for all JLL teams across Germany. He previously spent more than 11 years at BNP Paribas Real Estate.
Mr. Scharke holds a degree in real estate economics from the International Real Estate Business School at the University of Regensburg (IREBS).
Andrew Munt is a seasoned hospitality executive with over 25 years of international leadership experience across the UK, Europe and Asia. He holds a First Class Honours BSc in Hotel and Catering Management and has led high-performing teams across multiple brands and ownership structures. As former Managing Director of Penta Hotels, he oversaw a pan-European portfolio of lifestyle hotels and hostels, driving strategic growth and brand innovation.
His leadership has been instrumental in launching new concepts, navigating ownership transitions and delivering consistent growth. His career spans senior roles at Ramada, De Vere and Rosewood Hotel Group, where he led brand rollouts, operational transformations and cultural development initiatives. With deep expertise in commercial strategy and stakeholder engagement, Andrew combines operational excellence with visionary thinking to build scalable, resilient hospitality platforms.