Peach Property Group AG — M&A Activity 2011

Jul 12, 2011

News Details

Ad-hoc | 12 July 2011 07:07

Peach Property Group buys portfolio properties in Munster, Germany, for EUR 9 million

Peach Property Group AG / Key word(s): Real Estate/Bond

12.07.2011 07:07

Release of an ad hoc announcement pursuant to Art. 72 KR

Media release

Peach Property Group buys portfolio properties in Munster, Germany, for
around EUR 9 million (CHF 10.8 Mio)

• Peach Property Group (Deutschland) GmbH acquires portfolio properties
  in Munster, in Luneburg Heath, Germany, offering 26,000 square metres
  of apartment floor space

• Annual rental income of around EUR 1.2 million (CHF 1.4 Mio)

Zurich, Cologne and Hamburg, 12 July 2011 - Peach Property Group Ltd, a
leading developer of top-quality residential properties in German-speaking
Europe, is acquiring a portfolio of 376 residential units with floor space
totalling 26,000 square metres. The vendor is Frankfurt-based Alpha Real
Estate GmbH.

The properties are located in Munster, a small town around 80 kilometres
south of Hamburg. This places them in the catchment areas of two major
cities: Hamburg and Hanover. In return for a purchase price of around EUR 9
million (CHF 10.8 Mio), the annual rental income will stand at around EUR
1.2 million (CHF 1.4 Mio).

CEO Thomas Wolfensberger comments: 'This acquisition marks a milestone in
the implementation of our corporate strategy. That is to complement our
project developments in the premier-quality residential segment with
portfolio properties yielding good returns. Acquiring this new portfolio in
Munster will procure us a sustainable rental income on advantageous terms,
with an annual return of around 13% in the form of rent.'

Peach Property Group had already announced at its annual press conference,
on 6 April 2011, that it did not intend the development of high-quality
residential property to be its only interest. In fact the Group was seeking
to build up a portfolio of properties to provide a permanent source of
annual income. Partly for this purpose, on 6 July 2011, Peach Property
Group issued a bond of up to EUR 50 million (CHF 60 Mio) with a 6.6% coupon
and a five-year term.
Full information on the bond, including prospectus, that was approved on 1
July 2011 by BaFin, the German federal financial supervisory authority, is
available at www.peachestates.com/anleihe.

Contact
For investors and analysts:
Dr. Thomas Wolfensberger, Chief Executive Officer
Bruno Birrer, Chief Operating Officer
+41 44 485 50 00
investors@peachestates.com

For the media:
Siro Barino, Barino Consulting
+41 79 335 24 24
info@barino.ch

Information on Peach Property Group Ltd
Peach Property Group Ltd is one of the leading developers in the area of
top-quality residential property in the German-speaking part of Europe.
Activities cover the entire value chain of property development, from site
surveying to project planning, implementation and marketing. Properties
developed by Peach Property Group Ltd are located on exceptional sites in
or near city centres and holiday resorts. Premier amenities meet the
requirements of a demanding clientele.

Peach Property Group Ltd currently employs 34 real estate and finance
specialists at its Zurich head office and at its Cologne branch. The Group
plans and is currently implementing 14 projects with total target marketing
volume of approximately CHF 800 million. Peach Property Group Ltd has been
listed on the SIX Swiss Exchange since 12 November 2010 (PEAN, ISIN
CH0118530366).

For further information, please visit www.peachestates.com

THIS DOCUMENT DOES NOT CONSTITUTE AN OFFER OR INVITATION TO SUBSCRIBE FOR
OR PURCHASE ANY SECURITIES. THIS DOCUMENT CONSTITUTES NEITHER A PROSPECTUS
WITHIN THE MEANING OF ARTICLE 1156 AND ARTICLE 652a OF THE SWISS CODE OF
OBLIGATIONS NOR A LISTING PROSPECTUS WITHIN THE MEANING OF THE LISTING
RULES OF THE FRANKFURTER WERTPAPIERBÖRSE. THIS DOCUMENT IS NOT BEING ISSUED
IN COUNTRIES OUTSIDE GERMANY AND SWITZERLAND WHERE THE PUBLIC DISSEMINATION
OF THE INFORMATION CONTAINED HEREIN MAY BE RESTRICTED OR PROHIBITED BY LAW.
IN PARTICULAR, THIS INFORMATION IS NOT BEING ISSUED IN THE UNITED STATES OF
AMERICA AND SHOULD NOT BE DISTRIBUTED TO U.S. PERSONS OR PUBLICATIONS WITH
A GENERAL CIRCULATION IN THE UNITED STATES. ANY NON-COMPLIANCE WITH SUCH
RESTRICTIONS MAY RESULT IN AN INFRINGEMENT OF U.S. SECURITIES LAWS.
SECURITIES OF PEACH PROPERTY GROUP (DEUTSCHLAND) GMBH ('COMPANY') ARE NOT
BEING PUBLICLY OFFERED OUTSIDE GERMANY AND SWITZERLAND. IN PARTICULAR, THE
SECURITIES OF THE COMPANY HAVE NOT BEEN REGISTERED UNDER THE U.S.
SECURITIES LAWS AND MAY NOT BE OFFERED, SOLD OR DELIVERED WITHIN THE UNITED
STATES OR TO U.S. PERSONS ABSENT THE REGISTRATION UNDER OR AN APPLICABLE
EXEMPTION FROM THE REGISTRATION REQUIREMENTS OF THE U.S. SECURITIES LAWS.

Diese Mitteilung ist kein Angebot zum Kauf oder zur Zeichnung von
Obligationen. Diese Mitteilung gilt nicht als Emissionsprospekt im Sinne
von Art. 1156 und Art. 652a OR oder als Notierungsprospekt im Sinne der
Notierungs-vorschriften der Frankfurter Wertpapierbörse. Diese Mitteilung
sowie die darin enthaltenen Informationen dürfen nicht in Staaten
ausserhalb Deutschland und der Schweiz verbreitet werden, welche die
öffentliche Verbreitung solcher Informationen gesetzlich beschränken oder
verbieten. Insbesondere darf diese Mitteilung nicht in die Vereinigten
Staaten von Amerika (USA) gebracht oder übertragen werden oder an
U.S.-amerikanische Personen (einschliesslich juristischer Personen) oder an
Medien mit einer allgemeinen Verbreitung in den USA verteilt oder
übertragen werden. Jede Verletzung dieser Beschränkungen kann einen
Verstoss gegen U.S.-amerikanische wertpapierrechtliche Vorschriften
begründen. Die Wertpapiere der Peach Property Group (Deutschland) GmbH
('Gesellschaft') werden ausserhalb von Deutschland und der Schweiz nicht
öffentlich zum Kauf angeboten. Insbesondere wurden sie nicht gemäss den
Regelungen der U.S.-amerikanischen wertpapierrechtlichen Vorschriften
registriert und dürfen ohne entsprechende Registrierung oder ohne das
Vorliegen einer Ausnahmeregelung von der Registrierungspflicht nicht in den
USA oder an U.S.-amerikanische Personen (einschliesslich juristischer
Personen) verkauft, zum Kauf angeboten oder geliefert werden.

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Language: English
Company: Peach Property Group AG
Seestrasse 346
8038 Zürich
Schweiz
Phone: +41 44 485 50 00
Fax: +41 44 485 50 11
E-mail: investors@peachestates.com
Internet: www.peachestates.com
ISIN: CH0118530366
Swiss Security Number: A1C8PJ
Listed: Freiverkehr in Berlin, Stuttgart; Open Market in
Frankfurt; SIX

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