M&A Activity • Nov 16, 2020
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Media | 16 November 2020 08:00
ACCENTRO Real Estate AG Sells Real Estate Portfolio in Berlin
DGAP-Media / 16.11.2020 / 08:00
PRESS RELEASE
ACCENTRO Real Estate AG Sells Real Estate Portfolio in Berlin
Berlin, 16 November 2020 – ACCENTRO Real Estate AG, Germany’s leading housing privatisation company, sold a real estate portfolio in Berlin to an institutional investor. The portfolio comprises 35 units with a lettable area of 2,148 square metres. It was agreed not to disclose the selling price.
“The successful transaction underlines the continued high interest of institutional investors in residential real estate in Germany and Berlin”, comments Lars Schriewer, CEO of ACCENTRO Real Estate AG.
About ACCENTRO Real Estate AG
ACCENTRO Real Estate AG is Germany’s market leader in housing privatisations. In addition to its home market of Berlin, the company focuses on auspicious metro regions such as Hamburg, Rhine-Ruhr and Leipzig. In its Privatisation business unit, ACCENTRO retails condominiums from its proprietary portfolio to owner-occupiers and buy-to-let investors or-bundled into portfolios-to institutional investors. In its Services & Ventures business unit, ACCENTRO sells apartments on behalf of investors and property developers-including through equity investments in its own right within the framework of joint ventures. ACCENTRO Real Estate AG is listed on the Prime Standard segment of the Frankfurt Stock Exchange (German securities code number WKN: A0KFKB, ISIN: DE000A0KFKB3). www.accentro.ag
Investor Relations Contact:
Thomas Eisenlohr
ACCENTRO Real Estate AG
Kantstrasse 44/45
D-10625 Berlin
E-mail: [email protected]
Tel. +49 (0)30 – 88 71 81 272
Press and Public Relations Contact:
Karl-Philipp Jann
PB3C GmbH
Rankestrasse 17
D-10789 Berlin
E-mail: [email protected]
Tel. +49 (0)30 – 72 62 76 1612
End of Media Release
Issuer: Accentro Real Estate AG
Key word(s): Real estate
16.11.2020 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 |
| Kantstr. 44/45 | |
| 10625 Berlin | |
| Germany | |
| Phone: | +49 (0)30 – 887 181 – 0 |
| Fax: | +49 (0)30 – 887 181 – 11 |
| E-mail: | [email protected] |
| 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 |
| EQS News ID: | 1148265 |
| End of News | DGAP Media |
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