Deka Immobilien Investment GmbH
Excellence in the fund business since 1966

Deka Immobilien Investment GmbH was established as Despa (Deutsche Sparkassen-Immobilien-Anlage-Gesellschaft mbH) on 29 November 1966. As a wholly owned subsidiary of DekaBank Deutsche Girozentrale and regulated management company, it acts as a fund manager for fund products that are based on real estate or (real estate) loans. Deka Immobilien Investment GmbH provides real estate asset management, real estate transactions and other property services for the entire business division.

The product range includes open-ended real estate mutual funds and institutional funds, real estate funds of funds and loan funds that invest in real estate, infrastructure and transport loans. In 2016, it also successfully placed its “Deka-Immobilien Fokus Prag” product in the market as the first of a new “Club Deal series” that was to be steadily expanded in following years with open-ended real estate funds and real estate funds launched by management companies. “Deka Immobilien-Kompass”, an extensive modular package of services, is also available for institutional investors. In addition to fund administration, the company also assists clients with implementing individual real estate strategies using the advisory services and management module.

Supervisory Board

Chairman: Dr. Matthias Danne, 
Member of the Board of Management of DekaBank Deutsche Girozentrale,
Frankfurt am Main

Management Board of Deka Immobilien Investment GmbH


Ulrich Bäcker

Managing Director, Real Estate Management
Joined Deka in 2000
Ulrich Bäcker is a Managing Director of Deka Immobilien Investment GmbH and WestInvest Gesellschaft für Investmentfonds mbH and is responsible for Global Real Estate Management. As part of this role, he has been responsible for comprehensive asset management for more than 500 properties on five continents since 2007.
Bäcker joined DekaBank in 2000 and was initially the Head of Service & Logistics and Real Estate Management for the Bank as well as Managing Director for Group property companies. In these functions, he was responsible for the acquisition and sale of Group properties, plus asset, property and facilities management. Before joining Deka, he held a variety of management positions at Dun & Bradstreet and Gesellschaft für Zahlungssysteme. Ulrich Bäcker trained as an industrial manager and computer scientist, specialising in business.


Burkhard Dallosch

Managing Director, CRO/COO
Joined Deka in 2009
Burkhard Dallosch has been a Managing Director of Deka Immobilien Investment GmbH and WestInvest Gesellschaft für Investmentfonds mbH since 2009. As COO/CRO, he is responsible for the Organisation, Risk and Finance divisions of the DekaBank Real Estate business division.
The business economist has more than 30 years of experience in the finance and real estate industries. His previous positions included head of Wohnungsbauförderanstalt (housing promotion agency — Wfa) for the state development bank of North Rhine-Westphalia (NRW Bank), CRO/CFO for a mortgage bank and head of a foreign branch of a major bank with responsibility for the Czech Republic and Slovakia.


Esteban de Lope Fend

Managing Director, Real Estate Fund Management
Joined Deka in 2002
Esteban de Lope Fend has been a Managing Director of Deka Immobilien Investment GmbH and WestInvest Gesellschaft für Investmentfonds mbH since 2020 and is responsible for fund management, product development and sales support.
He has held a variety of positions at Deka since 2002, most recently as Head of Real Estate Fund Management for open-ended retail real estate funds. Prior to this, he spent almost ten years as a Fund Manager responsible for the real estate mutual funds Deka-ImmobilienGlobal and Deka-ImmobilienEuropa. Before joining Deka, he worked as a construction and project manager at a variety of real estate and construction companies.
Esteban de Lope Fend is a Certified International Investment Analyst and holds degrees in Civil Engineering from the Karlsruhe Institute of Technology, Industrial Engineering from the University of Freiberg and Real Estate Economics (ebs). He is also a certified Financial Analyst (DFVA). He has been a member of the Royal Institution of Chartered Surveyors (MRICS) since 2005.


Victor Stoltenburg

Managing Director, Acquisitions and Sales
Joined Deka in 2008
Victor Stoltenburg has been a Managing Director of Deka Immobilien Investment GmbH since 2019 and is currently the Head of Global Acquisitions and Sales in 27 countries.
He was Head of Acquisitions and Sales Germany for Deka Immobilien for close to 11 years before his appointment to Managing Director.
After studying law, he held a variety of legal positions at Pünder Volhard Weber & Axster (now Clifford Chance) in Berlin and Philipp Holzmann AG in Frankfurt, among others. Starting in 2005, he worked as Real Estate Investment Manager for SEB Immobilien-Investment GmbH (Frankfurt) and Union Investment Real Estate (Hamburg), where he was responsible for real estate investments in other European countries.