10. September 2020


Dr. Marcus Sasse, Managing Partner of Club Estate, said: “We believe the application of scientific principles is crucial for successful real estate investment decisions. We are therefore delighted to welcome one of the leading global financial economists to our Club Estate Advisory Board. With his vast economic expertise and profound knowledge of behavioral and evolutionary finance, he will further strengthen our capabilities in offering exclusive real estate co-investment solutions for pension funds and family offices.

Thorsten Hens is Swiss Finance Institute Professor of Financial Economics and Member of the Directorate of the Institute for Banking and Finance at the University of Zurich. In addition, he is on the Steering Committee of the Center for Urban & Real Estate Management (CUREM). After completing his PhD at the University of Bonn, he held positions in Bielefeld, Paris and Stanford. He is also Adjunct Professor in the Finance Department of the Norwegian School of Economics in Bergen and in the Economics Department of the University of Lucerne. Thorsten Hens runs the SNF project “Behavioral Finance for Retail Banking”, is a member of the URPP “Finreg” and one of the principal researchers in the Sinergia project “The Affective and Cognitive Foundations of Successful Decision Making”.

Professor Thorsten Hens said: “Direct real estate co-investments have become a powerful tool for pension funds and family offices, allowing them to efficiently deploy capital at reduced fee levels. I am looking forward to working with the Club Estate team in this evolving real estate segment.”