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Traumhaus AG
Earnings Release • Feb 3, 2020
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Earnings Release
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Corporate | 3 February 2020 11:02
Traumhaus AG: Successful start into the new financial year
DGAP-News: Traumhaus AG / Key word(s): Real Estate/Acquisition
03.02.2020 / 11:02
The issuer is solely responsible for the content of this announcement.
Traumhaus AG: Successful start into the new financial year
Planned figures for land purchases clearly exceeded
Growth sustainably secured
Wiesbaden, 03 February 2020 – Traumhaus AG (WKN: A2NB7S) laid the foundation for further dynamic growth in the past financial year. In the past fiscal year 2019, the company was able to acquire properties worth around EUR 40 million. “We have developed outstandingly well in the supreme discipline of purchasing. These areas alone reflect a development volume of 419 houses and 128 apartments”, explains Otfried Sinner, CEO of Traumhaus AG. “We have thus increased the units to be realised by 30% to 1925 units compared to the previous year”, Sinner continues.
The acquired properties are located in the Rhine-Main region of North Rhine-Westphalia, Baden-Württemberg and in Berlin. “With our concept of affordable living, we are meeting with a very positive response from both communities and young families,” said Sinner.
As a result, the company was also able to make a good start to the new year in the construction business segment. Currently, around 441 units are under construction nationwide. A further 130 units will be started shortly. At the reporting date of the previous year, 352 units were under construction. The company plans to build up to 600 residential units per year by 2022.
About the company
Traumhaus AG, founded in Wiesbaden in 1993, is an experienced provider of innovative housing concepts and serial construction in solid building methods. The company covers the entire value chain: from land purchase (from 3,500 sqm) and project development through construction and marketing to the subsequent management of the properties. The leitmotif is: “We have the solution for affordable housing”. An essential success factor for this is the sophisticated standardization of all process steps. Since August 2018, the company has been listed on the Munich Stock Exchange in the market segment m:access as well as in the over-the-counter market of the Frankfurt Stock Exchange and in Xetra trading.
Contact Investor Relations
Michael Bussmann
+49 6122 58653 – 68
Contact Public Relations
Torsten Biallas, b-communication
+49 89 4524 6970 / +49 172 4229605
03.02.2020 Dissemination of a Corporate News, transmitted by DGAP – a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
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| Language: | English |
| Company: | Traumhaus AG |
| Borsigstraße 20a | |
| 65205 Wiesbaden | |
| Germany | |
| Phone: | +49 (0) 6122 586 53 0 |
| Fax: | +49 (0) 6122 586 53 53 |
| E-mail: | [email protected] |
| Internet: | www.traumhaus-familie.de |
| ISIN: | DE000A2NB7S2 |
| WKN: | A2NB7S |
| Listed: | Regulated Unofficial Market in Frankfurt, Munich |
| EQS News ID: | 966241 |
| End of News | DGAP News Service |