DGAP-Media / 22.12.2020 / 08:00

PRESS RELEASE


ACCENTRO Sells Property Portfolio in Leipzig

Berlin, 22 December 2020 - ACCENTRO Real Estate AG, a residential real estate investor and Germany's leading housing privatisation company, sold a real estate portfolio in Leipzig to an institutional investor. The portfolio comprises 56 units and has a combined lettable area of around 3,300 square metres. It was agreed not to disclose the selling price.

"In addition to the successful brokerage of condominiums, which is driven by keen demand among owner-occupiers and buy-to-let investors, we are also aware of great and persistent interest in residential real estate across Germany among institutional investors. By selling entire portfolios, ACCENTRO is in a position to meet also this sort of demand," commented Lars Schriewer, CEO of ACCENTRO Real Estate AG.


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 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 Services & 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). www.accentro.ag

Investor Relations Contact:

Thomas Eisenlohr
ACCENTRO Real Estate AG
Kantstrasse 44/45
D-10625 Berlin
E-mail: eisenlohr@accentro.de
Tel. +49 (0)30 - 88 71 81 272

Press and Public Relations Contact:

Karl-Philipp Jann
PB3C GmbH
Rankestrasse 17
D-10789 Berlin
E-mail: jann@pb3c.com
Tel. +49 (0)30 - 72 62 76 1612



End of Media Release


Issuer: Accentro Real Estate AG
Key word(s): Real estate

22.12.2020 Dissemination of a Press Release, 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: Accentro Real Estate AG
Kantstr. 44/45
10625 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: 1156667

 
End of News DGAP Media

1156667  22.12.2020 

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