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The Grounds Real Estate Development AG

M&A Activity Dec 20, 2024

5403_rns_2024-12-20_88de79ab-1d9d-4901-a2c7-2921f7d8d5f0.html

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News Details

Ad-hoc | 19 December 2024 17:35

The Grounds Real Estate Development AG: The Grounds acquires a single-family house portfolio in Potsdam and surrounding area

The Grounds Real Estate Development AG / Key word(s): Acquisition/Real Estate

The Grounds Real Estate Development AG: The Grounds acquires a single-family house portfolio in Potsdam and surrounding area

19-Dec-2024 / 17:35 CET/CEST

Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by EQS News – a service of EQS Group.

The issuer is solely responsible for the content of this announcement.


Publication of insider information in accordance with Article 17

of the MAR (Market Abuse Regulation)

The Grounds acquires a single-family house portfolio in Potsdam and surrounding area

Berlin, 19. December 2024 –Today, The Grounds Real Estate Development AG (The Grounds / ISIN: DE000A2GSVV5) concluded a contract to acquire a portfolio of single-family houses. This purchase involves a total of 79 leased terraced and semi-detached houses located in Potsdam and the surrounding area. The purchase price amounts to EUR 20 million.

Company contact:

The Grounds Real Estate Development AG

Jacopo Mingazzini, Management Board

Charlottenstrasse 79-80, 10117 Berlin, Germany

Tel.: +49 (0) 30 2021 6866

Fax: +49 (0) 30 2021 6849

E-mail: [email protected]

Web: www.thegroundsag.com

– End of the ad hoc announcement –

End of Inside Information


19-Dec-2024 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.

Archive at www.eqs-news.com


Language: English
Company: The Grounds Real Estate Development AG
Charlottenstraße 79-80
10117 Berlin
Germany
Phone: 030 2021 6866
Fax: 030 2021 6489
E-mail: [email protected]
Internet: www.thegroundsag.com
ISIN: DE000A2GSVV5, DE000A3H3FH2, DE000A40KXL9
WKN: A2GSVV, A3H3FH, A40KXL
Listed: Regulated Unofficial Market in Berlin, Dusseldorf (Primärmarkt), Frankfurt, Munich, Stuttgart, Tradegate Exchange
EQS News ID: 2055149
End of Announcement EQS News Service

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