Northwood Investors LLC completed the acquisition of the 59.78% stake in CeGeREAL owned by Commerz Real. Concomitantly with the transaction completion, John Kukral, Khaled Kudsi, Jerome Anselme, Sophie Kramer and Erin Cannata have been appointed as Board directors in replacement of Commerz Real and its representatives. The executive management team will remain headed by Raphael Treguier, assisted by Jerome Anselme, new Deputy CEO.