Deutsche Pfandbriefbank AG (pbb) is reorganising the management structure across its core real estate divisions. Barkha Mehmedagic, who is currently responsible for the Real Estate Finance Solutions (REFS) division on the management board, will additionally assume leadership of the Real Estate Investment Solutions (REIS) division with effect from 17 January 2027. The credit institution is thereby pooling key segments of its operational real estate business under a single leadership role.
With this expansion of her remit, Mehmedagic succeeds Dr Pamela Hoerr, whose board mandate ends as agreed on 16 January 2027. Hoerr's forthcoming departure was publicly announced by the bank in April 2026. She is leaving the company at the end of her contract at her own request and on the best of terms, having played a decisive role in establishing the Real Estate Investment Solutions division.
Strategic integration and revenue diversification
In connection with the personnel decision, Jan Kupfer, Chairman of the Supervisory Board of pbb, highlighted the professional qualifications of the future dual-portfolio leader. Mehmedagic brings extensive, long-standing expertise in commercial real estate banking and investment management. Combined with her sound market knowledge, she is set to systematically continue the investment business established by Dr Pamela Hoerr and expand it as a central pillar for the bank's future growth.
Bringing both divisions together aligns with the institution's overarching strategy to sustainably increase the bank's profitability through greater diversification of revenue. Managing REFS and REIS jointly is intended to reduce operational interfaces and leverage existing synergies, thereby systematically intensifying the link between financing and investment solutions at portfolio level.
For the bank's clients, the reorganisation results in an expanded spectrum of tailored financing options. By directly connecting traditional debt solutions with institutional investment structures, pbb aims to strengthen its market presence in the commercial real estate sector and offer borrowers integrated solutions from a single source.














