Lübke Kelber appoints Dr. Karsten Lieser

Lübke Kelber AG, a prominent German real estate platform, has announced significant changes to its leadership. Marc Sahling, the company’s Chief Executive Officer, will step down on September 30, 2026, at his own request. This marks the end of his tenure, which began in 2019 and saw him become the sole CEO just last year. His departure comes as the company handles a period of strategic evolution, aiming to solidify its position in the competitive German real estate market.

A Smooth Transition

To ensure a seamless leadership change, Lübke Kelber has appointed Dr. Karsten Lieser to its Executive Board, effective August 24, 2026. Dr. Lieser previously served as Managing Director and Chief Investment Officer of Lübke Kelber Investment Partners, the group’s investment management arm. His appointment reflects the company’s commitment to continuity and strategic growth. By bringing Dr. Lieser onto the board ahead of Sahling’s departure, Lübke Kelber aims to avoid a leadership vacuum and maintain operational stability during the transition.

Jürgen F. Kelber, a member of the Supervisory Board, praised Sahling’s contributions, stating, “Marc Sahling has significantly driven this development and provided important entrepreneurial impulses… We wish him all the best for his future personal and professional path.” Kelber’s remarks show Sahling’s role in shaping the company’s trajectory and highlight the board’s appreciation for his leadership and dedication.

Expanding the Board

What sets this leadership transition apart is Lübke Kelber’s decision to expand its Executive Board. The company has finalized agreements to add another senior executive before the end of the year, though details remain undisclosed. This move suggests the company is positioning itself for growth rather than consolidation. Expanding the board during a CEO transition is a bold strategy, signaling Lübke Kelber’s ambition to enhance its leadership capabilities and drive future expansion. The additional executive is expected to bring fresh perspectives and expertise, further strengthening the company’s governance structure.

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The appointment of Dr. Lieser, a former CIO, to the main board also highlights Lübke Kelber’s strategic focus. The company aims to scale an integrated real estate platform, independent of individual transactions and market fluctuations. Dr. Lieser’s expertise in investment management aligns with this vision. His background in managing complex investment portfolios and his deep understanding of market trends position him as a key driver of Lübke Kelber’s long-term growth strategy. By raising a CIO to the board, the company emphasizes its commitment to financial discipline and strategic investment.

A Test of Brand Strength

Lübke Kelber, a three-time winner of the European Real Estate Brand Award, faces a challenge in ensuring a smooth leadership handover. The company’s core focus areas – institutional asset transactions, investment management, and residential property management – remain unchanged. This consistency is key for maintaining investor confidence and operational momentum during the transition. Lübke Kelber’s brand strength, built on years of excellence and innovation, will be tested as it handles this period of change.

As Sahling’s departure approaches and the new board member awaits appointment, investors and partners will closely watch Lübke Kelber. The coming months will reveal how the platform plans to evolve beyond its transaction-driven origins. The company’s ability to articulate a clear vision for growth and demonstrate effective leadership will be critical in retaining stakeholder trust. Lübke Kelber’s strategic direction, combined with its expanded board, positions it to capitalize on emerging opportunities in the German real estate market.

With a new leader at the helm and a growing board, Lübke Kelber is poised for a new chapter in its development. The company’s ability to maintain its strategic direction while adapting to leadership changes will be key in the competitive German real estate market. As it looks to the future, Lübke Kelber must balance continuity with innovation, ensuring it remains a leader in its industry. The upcoming months will be key, as the company works to solidify its position and achieve its ambitious growth objectives.