Dow Jones received a payment from EQS/DGAP to publish this press release.
DGAP-Media / 2018-05-03 / 12:27
*Press release*
*ACCENTRO acquires a unique residential complex in a central location in
Berlin and expands privatisation portfolio*
*Berlin, 03 May 2018* *-* ACCENTRO Real Estate AG, (WKN: A0KFKB, ISIN:
DE000A0KFKB3), Berlin, leading in residential property privatisation in
Germany, closes a purchase agreement for the acquisition of a unique
residential complex in Berlin. The purchase price is EUR 56 million. The
rental units will be added to the privatisation portfolio. This strengthens
the position of ACCENTRO in one of the most attractive German residential
property markets. Sales are planned to begin in the 2019 business year.
"We acquire a Berlin property that is outstanding due to the excellent
location and unique Wilheminian architecture," explained Jacopo Mingazzini,
Management Board of ACCENTRO Real Estate AG. "I am pleased that, with this
acquisition, we can further strengthen the position of ACCENTRO in our home
market Berlin," added Mingazzini.
*About ACCENTRO Real Estate AG*
ACCENTRO Real Estate AG, listed on the stock exchange, is the market leader
in residential privatisation in Germany. ACCENTRO generates additional
revenues through portfolio sales and marketing apartments for institutional
investors and project developers. In addition to its home market of Berlin,
the company concentrates on metropolitan regions such as Hamburg, Cologne,
Dusseldorf, Rhine-Main region, Leipzig, Hanover or Bonn. ACCENTRO Real
Estate AG is listed in the Prime Standard of the Frankfurt Stock Exchange
(WKN: A0KFKB, ISIN: DE000A0KFKB3).
*Contact Investor Relations*
Nicole Birth
ACCENTRO Real Estate AG
Uhlandstr. 165
10719 Berlin
Germany
E-Mail: birth@accentro.de
Tel. +49 (0)30 - 887 181 10
Fax +49 (0)30 - 887 181 11
*Contact Press*
Jan Hutterer
Kirchhoff Consult AG
Borselstraße 20
22765 Hamburg
Germany
Tel. +49 (0)40 - 609 186 65
Fax +49 (0)40 - 609 186 60
End of Media Release
Issuer: Accentro Real Estate AG
Key word(s): Real estate
2018-05-03 Dissemination of a Press Release, transmitted by DGAP - a service
of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
The DGAP Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Archive at www.dgap.de
Language: English
Company: Accentro Real Estate AG
Uhlandstr. 165
10719 Berlin
Germany
Phone: +49 (0)30 - 887 181 - 0
Fax: +49 (0)30 - 887 181 - 11
E-mail: info@accentro.ag
Internet: www.accentro.ag
ISIN: DE000A0KFKB3
WKN: A0KFKB
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated
Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich,
Stuttgart, Tradegate Exchange
End of News DGAP Media
682137 2018-05-03
(END) Dow Jones Newswires
May 03, 2018 06:26 ET (10:26 GMT)
