Carestone Group, a developer and marketer of senior residential and care properties in Germany, has appointed Daniel Ahrendt as CEO. He will also remain CFO, a position he assumed in June 2025.
Prior to his appointment as CEO of Carestone, Ahrendt worked closely with the company’s leadership team for seven years as part of his tenure at ActivumSG. At ActivumSG, he most recently served as a director in the investment manager’s corporate transactions team, where he personally oversaw Carestone’s growth strategy and operational development.
A fund managed by ActivumSG owns the Carestone Group.
Ahrendt began his professional career in investment banking at Kuna & Co KG (now Evercore Partners), where he specialised in large-volume M&A and financing transactions in the real estate sector. In 2015, he moved to Société Générale, where he was involved in setting up real estate investment banking.
Carestone is entering a pivotal phase of growth. Having delivered over 21,000 senior care units in Germany, the company is primed to capitalise on sector tailwinds with a €1.3bn GDV secured pipeline and €500m in additional projects under evaluation.
Press release: Daniel Ahrendt appointed CEO of the Carestone Group
