DGAP-Ad-hoc: Accentro Real Estate AG / Key word(s): Real Estate
Accentro Real Estate AG: ACCENTRO sells residential property in the greater area of Berlin

17-Dec-2019 / 20:42 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.


Ad-hoc Communiqué

ACCENTRO sells residential property in the greater area of Berlin

Berlin, den 17. Dezember 2019 Die ACCENTRO Real Estate AG (WKN: A0KFKB, ISIN DE000A0KFKB3) has sold a residential property in Blankenfelde-Mahlow, Brandenburg to an institutional investor.
The transaction has a significant impact on EBIT which is now expected to exceed 40 million euros for the full year and will exceed the forecast for the 2019 financial year. Total sales are expected to amount to just over 140 million euros.

-The Management Board-

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, Rhine-Main 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 Ser-vices & 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).


Investor Relations Contact
Nicole Birth

ACCENTRO Real Estate AG
Uhlandstr. 165, D-10719 Berlin
E-mail: birth@accentro.de
Tel. +49 (0)30 - 887 181 799
Fax +49 (0)30 - 887 181 11


17-Dec-2019 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
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Language: English
Company: Accentro Real Estate AG
Uhlandstr. 165
10719 Berlin
Germany
Phone: +49 (0)30 - 887 181 - 0
Fax: +49 (0)30 - 887 181 - 11
E-mail: info@accentro.ag
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: 938603

 
End of Announcement DGAP News Service

938603  17-Dec-2019 CET/CEST

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