DGAP-News: Accentro Real Estate AG / Key word(s): Mergers & 
Acquisitions/Real Estate 
ACCENTRO Acquires Property Manager of 18,500 Flats 
 
2020-12-29 / 16:00 
The issuer is solely responsible for the content of this announcement. 
 
*PRESS RELEASE* 
 
*ACCENTRO Acquires Property Manager of 18,500 Flats* 
 
*Berlin, 29 December 2020* - ACCENTRO Real Estate AG is acquiring DIM 
Holding AG ("Deutsche Immobilien Management"). The purchase agreement was 
signed today. DIM is one of the leading real estate managers in Germany with 
about 130 employees at seven locations, managing residential and commercial 
real estate portfolios in Germany. The company currently has approx. 2.8 
billion euros in assets under management with a total area of approx. 1.4 
million square metres and manages some 18,500 residential units. 
 
Alongside its current core business of privatisation, ACCENTRO has thus 
reached a further milestone, advancing its development into a residential 
investor and portfolio holder. Having only recently more than doubled its 
stock of residential properties to 5,200 residential units through the 
purchase of some 2,800 residential units, ACCENTRO is now planning the 
further expansion of its activities not only in Berlin and eastern Germany, 
but also in North Rhine-Westphalia, in the Rhine-Main region and in Bavaria, 
where ACCENTRO already owns properties. 
 
"We intend to gradually increase the number of properties owned by ACCENTRO 
and thus become a long-term lessor irrespective of our privatisation 
portfolio. With this in mind, it makes sense to have a property manager on 
hand who acts as on-site caretaker and trouble-shooter with knowledge of the 
local market, close contact to tenants and in-depth technical knowledge of 
the managed real estate," explains Lars Schriewer, the CEO of ACCENTRO Real 
Estate AG. "In DIM, we have found an established company with enormous 
competence, which forms the basis for the retention and appreciation of the 
value of the properties in our portfolio," adds Schriewer. 
 
*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 [1] 
 
*Investor relations contact:* 
 
Thomas Eisenlohr 
ACCENTRO Real Estate AG 
Kantstraße 44/45 
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 
10789 Berlin 
E-mail: jann@pb3c.com 
Tel. +49 (0)30 - 72 62 76 1612 
 
2020-12-29 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 
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: 1157700 
 
End of News DGAP News Service 
 
1157700 2020-12-29 
 
 
1: https://eqs-cockpit.com/cgi-bin/fncls.ssp?fn=redirect&url=8df5100776a757a6ce2690e5516b7974&application_id=1157700&site_id=vwd&application_name=news

(END) Dow Jones Newswires

December 29, 2020 10:00 ET (15:00 GMT)