PRESS RELEASE : ACCENTRO Expands Portfolio in NRW by 45%

DGAP-News: Accentro Real Estate AG / Key word(s): Real Estate/Acquisition 
ACCENTRO Expands Portfolio in NRW by 45% 
2021-07-19 / 08:30 
The issuer is solely responsible for the content of this announcement. 
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ACCENTRO Expands Portfolio in NRW by 45% 
- 150 units acquired in major metropolises 
- Total property portfolio in North Rhine-Westphalia (NRW) increases to 482 units 
 
Berlin, 19 July 2021 - ACCENTRO Real Estate AG, a residential real estate investor and Germany's leading housing 
privatisation company, has once again significantly expanded its property portfolio in North Rhine-Westphalia. 
ACCENTRO is acquiring 150 units with a combined floor area of 9,525 square metres in the cities of Essen, Neuss, 
Duisburg and Wuppertal. The company thereby increases its real estate portfolio in the state of North Rhine-Westphalia 
by 45% from 332 up to now 482 units. The cities have a combined population of around 1.6 million and count among the 
most important metropolises in the state. 
The acquisition represents another consistent step along the growth trajectory that ACCENTRO pursues in North 
Rhine-Westphalia. Just last year, the company obtained around 270 units, mainly in Essen and Duisburg, in two 
transactions. 
126 units of the newly acquired portfolio are earmarked for the company's proprietary rental portfolio. The rental 
portfolio in North Rhine-Westphalia, which is almost fully occupied, increases to 395 units with a combined floor area 
of around 28,000 square metres. 
Lars Schriewer, CEO of ACCENTRO Real Estate AG, comments: "Through this acquisition, we are not only significantly 
expanding our market position in the leading cities of North Rhine-Westphalia. We also keep building up our own rental 
portfolio in attractive locations." 
"The transaction illustrates very well our strategy," added Lars Schriewer. "On the one hand, we seek the geographical 
diversification of our portfolio concerning our letting and selling activities. On the other hand, and in addition to 
the attractive privatisation business, we are investing in our proprietary rental stock with the aim of developing it 
in ways that will enhance its long-term value for residents while steadily increasing the rental income for ACCENTRO at 
the same time. This combination enables us to optimally serve the German housing market with our products and services, 
and simultaneously to secure sustainably growing cash flows for the company." 
About ACCENTRO Real Estate AG 
ACCENTRO Real Estate AG is a residential property investor and Germany's market leader in housing privatisations. Its 
real estate portfolio consisted of around 5,200 units as of 31 December 2020. In addition to Berlin, regional focal 
points include East German cities and conurbations, as well as the Rhine-Ruhr metro region and Bavaria. The business 
activity of ACCENTRO comprises four core divisions. These are the tenant-sensitive retailing of condominiums to 
owner-occupiers and private buy-to-let investors, the sale of real estate portfolios to institutional investors, the 
set-up and management of a proprietary real estate portfolio, and third-party condominium marketing for property asset 
holders, investors and developers. The shares of ACCENTRO Real Estate AG are 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: [e-mail] 
Tel. +49 (0)30 - 88 71 81 272 
 
Press and Public Relations Contact: 
Christian Dose 
WMP EuroCom AG 
Barckhaus Strasse 1 
D-60325 Frankfurt 
E-mail: [e-mail] 
Tel. [phone] 
Mobile: [phone] 
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2021-07-19 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 
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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:       [e-mail] 
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:  1219738 
 
End of News   DGAP News Service 
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1219738 2021-07-19

 
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(END) Dow Jones Newswires

July 19, 2021 02:30 ET (06:30 GMT)