Covivio: Christophe Kullmann Reappointed, Aude Grant and Alexei Dal Pastro Named Deputy CEOs
On July 20, 2026, the Board of Directors of Covivio decided to renew Christophe Kullmann's term as CEO for another four years. Simultaneously, the real estate company appointed Aude Grant and Alexei Dal Pastro as Deputy CEOs, replacing Olivier Estève whose term ends on December 31, 2026.
Kullmann Reappointed Until the 2030 Financial Statements Approval
Under the chairmanship of Jean-Luc Biamonti, the Board of Directors of Covivio convened and decided to renew Christophe Kullmann's mandate for a four-year term, until the General Meeting that will approve the financial statements for the year 2030. This reappointment was made following a proposal from the Compensation and Nominations Committee.
Grant and Dal Pastro Promoted to Deputy General Managers
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Aude Grant, aged 45, will assume her role as Deputy CEO in charge of the French Office Activities starting September 21, 2026. A graduate of HEC, she has held various positions at Covivio, including analyst, portfolio and acquisitions manager, and Director of Asset Management and Office Investments, before joining SFL in 2014 as Director of Real Estate Strategy and Transactions. She was appointed Deputy CEO in 2022 and CEO of SFL in 2024. Alexei Dal Pastro, aged 53, currently CEO of Covivio's Italy & German Offices, will begin his role as Deputy CEO on January 1, 2027. He holds a degree in Economics and Management from the University of Trento and an MBA from the University of Kansas, and has led Covivio Italy as CEO since 2019, a role that was expanded in early 2024 to include the German offices.
Departure of Olivier Estève After 24 Years
The outgoing Deputy CEO, Olivier Estève, will leave his position on December 31, 2026, after 24 years with the group. The Board of Directors expressed their gratitude for his contributions to Covivio's growth.
SectorImmobilier / construction · Immobilier commercial / foncières›Fonds Immobiliers de Bureaux
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Context
Period
Period: 1S2026
Key reported figures
Revenue: 526M€
Net income: 282.4M€
Guidance from the release
Confiance dans le second semestre.
Dynamique de croissance solide, notamment dans l'asset management.
Risks mentioned
Environnement de marché sélectif pourrait limiter les opportunités.
Pression sur les marges avec hausse des coûts d'exploitation.
Opportunities identified
Acquisition de quatre hôtels à Milan pour 217 M€.
Lancement de huit projets de redéveloppement.
The information presented in this article is provided for informational purposes only and does not constitute an investment recommendation, an incentive to buy or sell a financial asset, or investment advice. Readers are invited to conduct their own research before making any decision.
Investments in the stock market involve risks, including the risk of capital loss. Past performance of an asset or market is no guarantee of future results. Any investment decision should be made taking into account your personal financial situation, objectives and risk tolerance.
