Quest appoints Nils Femmer as new COO

Quest appoints Nils Femmer as new COO
Nils Femmer, COO QUEST Investment Partners

Real estate investment company Quest Investment Partners has appointed Nils Femmer to its management board.

Femmer holds a degree in real estate business administration and was previously head of finance at Quest Investment Partners. 

He started in his new role as chief operating officer (COO) on 1 January 2023 and is now responsible for cost controlling and liquidity management at the project companies in addition to his previous responsibilities. He continues to act as the contact person for Quest’s financing partners with regard to the operative financing business. As such, he will be assuming some of the responsibilities of commercial managing director Dr Ricardo Alvarez, who left the company by mutual agreement on 31 December 2022.

The appointment of a chief financial officer, who will be responsible for the commercial management and controlling of the Quest companies as well as for human resources and IT, is planned for this spring, the company said. 

A former banker, Nils Femmer has held various positions at market-dominating mortgage banks (Pfandbriefbanken) with a focus on structured finance, restructuring and risk management. Before joining Quest, the financial expert headed up the Hamburg real estate centre at DZ Hyp and was thus in charge of the sales region North. Prior to that, he spent more than six years as Head of Real Estate Finance Germany, Region North, at Deutsche Pfandbriefbank. Nils Femmer started his career at HypoVereinsbank/UniCredit, where he worked for almost seven years, most recently as a Senior Associate, in Real Estate Structured Finance.

Nils Femmer graduated from Hochschule Anhalt University of Applied Sciences and Cape Peninsula University of Technology in Cape Town with a degree in Real Estate Management.