The Board of Directors of uptownBasel AG has appointed Bardo Magel as the new CEO of the uptownBasel Group. Bardo Magel, a qualified real estate agent and real estate manager, is an internationally experienced real estate specialist with a focus on asset management, acquisitions and transaction management. Most recently, he was a member of the Executive Board at AFIAA Real Estate Investment AG, Zurich, where he was responsible for the management of a global portfolio of commercial real estate and led the global asset management with teams in Zurich, New York and Sydney. Bardo Magel will take over the management of the uptownBasel Group on July 1, 2025 at the latest, succeeding Baschi Dürr, who as the first CEO of the uptownBasel Group has built up the corporate and operational structure over the past four years. Until Bardo Magel officially takes up his post, the Board of Directors, represented by Felix Gähwiler, will coordinate the operational organization.