ERWE Immobilien AG, Frankfurt am Main
ISIN DE000A1X3WX6 / WKN A1X3WX
Publication of insider information pursuant to Article 17 of Regulation (EU) No. 596/2014
ERWE Immobilien AG placed corporate bond
- Total nominal amount of 12,5 Mio. Euro
- Which ist o be increased to 20 Mio. Euro in the weeks ahead
- Coupon at 7,5 % p.a.
- Further Real Estate purchases projected
Frankfurt, 12 December 2019 - ERWE Immobilien AG, Frankfurt am Main (ERWE) has successfully placed its corporate bond among national and international investors. The total nominal amount of Euro 12,500,000 intends to finance further real estate purchases. This bond, is to be increased to Euro 20,000,000 in the weeks ahead.The Bond has a four-year term and bears interest at 7.5 % p.a.
ERWE Immobilien AG
The Management Board
ERWE Immobilien AG focuses on developing a highly profitable commercial real estate portfolio. Its preferred sites involve promising prime downtown locations in smaller towns and cities with more than 10,000 inhabitants. ERWE acquires properties whose potential value growth can be sustainably exploited by introducing new utilisation concepts. This way, the company aims to build a highly profitable and valuable portfolio with substantial revenue growth. ERWE Immobilien AG is listed in the Regulated Market (General Standard) on the stock exchange in Frankfurt am Main (XETRA) and in open trading in Berlin and Düsseldorf (ISIN: DE000A1X3WX6).
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german communications AG | Hillermann Consulting e. K. |
Jörg Bretschneider | Christian Hillermann |
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20148 Hamburg | 20354 Hamburg |
T. +49-40-4688330, F. +49-40-46883340 | T.+49-40-32027910, F. +49-40-320279114 |
presse@german-communications.com | office@hillermann-consulting.de |
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ERWE Immobilien AG published this content on 12 December 2019 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 12 December 2019 21:35:01 UTC