Background

The partnership between Aareal Bank and the Real Estate Management Institute of the EBS Universität für Wirtschaft und Recht

In 2006, Aareal Bank AG endowed a professorship for the Real Estate Management Institute (REMI) of the EBS Universität für Wirtschaft und Recht.

The cooperation between universities and business offers a wide variety of opportunities for collaboration. The close network of business contacts provides EBS students an optimum mix of theory and practice. This intensive exchange is what makes EBS so unique.  Additionally, this partnership facilitates research activities with a practical application, the identification of relevant issues and access to the requisite sources of information.

The Aareal Award of Excellence was created within the scope of the partnership as an additional tool for fostering professional development.

Science facilitates the early identification of market trends

“Education thrives from innovation and innovation stems from excellent research”, Dr Wolf Schumacher, Chairman of the Management Board of Aareal Bank AG emphasised; “The exchange of ideas and concepts with research supports us even more in looking for the best solutions for the future”.

The joint award is designed to encourage committed, young property academics to become involved in research and to shape the future of the property sector. 

"The Aareal Award is an initiative especially to get young professionals to become involved in research. Research and science must not stand apart from business practice: Comprehensive, applied basic research enables us to put into practice what we actually do  on a sound theoretical footing", explained Prof Dr Nico Rottke, the director of REMI.

The joint understanding of the cooperation partners is to integrate research and practice.