Zurich, 5 September 2024 – Julius Baer has changed the name of its subsidiary Kuoni Mueller & Partner Ltd. (KM&P) to Julius Baer Real Estate Ltd. with effect from 1 September 2024. At the same time, Julius Baer acquired the remaining minority shares in the company which is now wholly owned by the Group. In October 2021, Julius Baer acquired 83% of Zurich-based real estate services provider KM&P to meet the demand for real estate solutions as part of a holistic wealth management approach. 

Julius Baer also announces the appointment of Thomas Hodel as CEO of Julius Baer Real Estate Ltd. effective 1 February 2025. In this role, he will lead the company and further expand its position as one of the leading providers of real estate services in Switzerland. Thomas Hodel has many years of relevant experience on transaction and management level in the real estate brokerage business, the core business of Julius Baer Real Estate Ltd. 

Dominik Weber, who led the company for many years as CEO and former majority shareholder, will remain active for the company as a member of the Board of Directors and advisor to Julius Baer Real Estate Ltd. after the handover to Thomas Hodel. With his extensive experience in the real estate industry, Dominik Weber will continue to contribute to the development of the company and will be actively involved in client acquisition and mandate management on an ongoing basis.

As a real estate service provider, Julius Baer Real Estate Ltd. continues to offer brokerage services for investment properties and owner-occupied residential properties as well as property valuations of the highest quality. Based in Zurich and Geneva, it provides its services to clients of the Julius Baer Group as well as to third-party clients.