HELMA Eigenheimbau AG: Sales launch of the 'Am Erdbeerhof' project in Hanover-Laatzen / Further promissory note issued successfully

11.07.2018 / 13:58
The issuer is solely responsible for the content of this announcement.

HELMA Eigenheimbau AG: Sales launch of the 'Am Erdbeerhof' project in Hanover-Laatzen / Further promissory note issued successfully

Lehrte, July 11, 2018 - HELMA Eigenheimbau AG is pleased to announce that its subsidiary HELMA Wohnungsbau GmbH has now celebrated the sales launch for its 'Am Erdbeerhof' building area in Hanover-Laatzen.

Having successfully obtained building approvals, a total of 72 land plots are now available for development with individual detached houses in the first construction stage on a six-hectare area at the gateway of the regional capital. The HELMA Group thereby now also enjoys attractive potential in the Hanover region to expand its property development business with individually plannable detached houses.

Various attractive areas for development with detached houses have already entered the sales process in the Berlin / Brandenburg region over the past twelve months. For example, sales of the 'HAVELMARINA' large-scale project in Berlin-Spandau, including, inter alia, around 180 building plots for individually plannable detached houses, have made a very successful start by the middle of last year. With the building areas in Blankenfelde-Mahlow, Dallgow-Döberitz and Nauen (all in Brandenburg) as well as Leipzig-Naunhof, HELMA Wohnungsbau GmbH currently has a further 120 land plots for sale for individual development with a HELMA house.

All current projects of HELMA Wohnungsbau GmbH, that the company is currently marketing, can be downloaded at the following link: https://www.helma-wohnungsbau.de/aktuelle-projekte.html

Further promissory note successfully issued
After the HELMA Group already successfully placed several promissory notes in the market in the past financial years, the company has utilised the current interest-rate environment and again secured long-term debt funding on favourable terms.

A further EUR 18.0 million promissory note was issued for HELMA Wohnungsbau GmbH, guaranteed by HELMA Eigenheimbau AG, consisting of two fixed interest tranches with maturities of 5 and 7 years. The promissory note was placed at the lower end of the marketing range among institutional investors. Sparkasse Hannover and UniCredit acted as Joint Arrangers to the transaction.

The HELMA Group placed the promissory notes taking into consideration the development for which it is aiming. The loans comprise an element of the financing strategy reflecting a diversified maturity structure.

About HELMA Eigenheimbau AG:
HELMA Eigenheimbau AG is a customer-oriented building services-provider offering a full range of services. The focus is on the development, planning, sale, and construction management of turnkey or partially completed detached and semi-detached houses using the solid construction method. Particularly the option of individual planning and individualisation without extra costs, as well as the company's outstanding know-how in the area of energy-efficient construction methods, are perceived on the markets as HELMA Eigenheimbau AG's unique selling propositions. With its persuasive sustainable energy concepts, the company has established itself as one of the leading providers of solar energy-saving homes, and is one of the most experienced companies in the solid construction house sector, having constructed several thousand owner-occupier homes. As a property development company, holiday home builder, and finance broker respectively, HELMA Wohnungsbau GmbH, HELMA Ferienimmobilien GmbH and Hausbau Finanz GmbH round out HELMA Group's product range.

Investor Relations contact:
Gerrit Janssen, Management Board Chairman / CEO
Tel.: [phone]
E-mail: [e-mail]

11.07.2018 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.

The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de