Capital/Financing Update • Dec 2, 2008
Capital/Financing Update
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Corporate | 2 December 2008 10:32
CR Capital Real Estate AG receives A+ rating from Creditreform Rating AG
CR Capital Real Estate AG / Miscellaneous
Announcement, transmitted by DGAP - a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
CR Capital Real Estate AG receives A+ rating from Creditreform
Rating AG
High equity basis as competitive advantage in the current
financial market environment
Berlin, Germany, 02 December 2008: CR Capital Real Estate AG was awarded
the rating result A+ from the independent Creditreform Rating AG. The
company specialising in up-market residential and commercial property has
thus received a good investment grade, i.e. a good credit standing. In an
industry comparison, this result was well above average stated a
Creditreform Rating AG representative.
Creditreform Rating AG, which provides services in the area of external
ratings, balance sheet services and balance sheet rating, is part of the
Creditreform Group, the European market leader for credit information.
'We are very pleased about the positive Creditreform rating. The result of
the independent analysis confirms the financial stability of our company,
at the same time underlining the corporate strategy which is being pursued.
Particularly worthy of attention is our strong equity basis which is to be
used primarily for financing real estate purchases. This makes us more
independent of banks. In the current difficult capital environment, this is
a considerable competitive advantage', stated Thomas Ehrich, CFO at CR
Capital Real Estate AG.
The Board of Management
About CR Capital Real Estate AG:
The CR Capital Real Estate AG business model is based primarily on the
purchase and sale, development and holding of up-market residential and
commercial real estate in Greater Berlin. The majority shareholders have
many years of expertise in the real estate sector. CR Capital Real Estate
AG has been listed in the Open Market on the Frankfurt Stock Exchange since
October 2008.
Contact:
Unternehmenskontakt:
CR Capital Real Estate AG
Hubertusallee 73
14193 Berlin
www.capital-real-estate-ag.de
Tel.: 030 / 89 72 72 48
Fax: 030 / 89 72 73 03
[email protected]
Investor Relations -Kontakt:
GFEI Gesellschaft für Effekteninformationen mbH
Carl Bosch Haus
Hamburger Allee 26-28
60486 Frankfurt am Main
Tel.: +49 (0)69 - 743 037 - 00
Fax: +49 (0)69 - 743 037 - 22
www.gfei.de
[email protected]
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