DGAP-News: Accentro Real Estate AG / Key word(s): Takeover/Real Estate 
ACCENTRO Steps Back from Acquisition of DIM Holding AG 
2021-05-12 / 18:48 
The issuer is solely responsible for the content of this announcement. 
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ACCENTRO Steps Back from Acquisition of DIM Holding AG 
- Agreed performance obligations not fulfilled by seller 
- Forecast for 2021 confirmed 
- Growth strategy intact 
 
Berlin, 12 May 2021 - ACCENTRO Real Estate AG decided today to sign a termination agreement concerning the 
sale-and-purchase agreement for the acquisition of DIM Holding AG ("Deutsche Immobilien Management"). Agreed 
performance obligations had not been met. Notwithstanding the rescission, the group confirms its forecast for the 2021 
financial year. At the same time, ACCENTRO reaffirms its strategy of diversifying and increasing its revenues through 
acquisitions in the property management segment. 
As a result of today's resolution by management board and supervisory board, the transaction is to be reversed. The 
acquisition of DIM Holding AG and the signing of the sale-and-purchase agreement had been announced by ACCENTRO AG on 
29 December 2020. The sale-and-purchase agreement allows ACCENTRO to withdraw if contractually defined performance 
obligations of the seller are not fulfilled. Notwithstanding the rescission of the sale-and-purchase agreement, 
ACCENTRO AG will continue its strategic collaboration with DIM Holding AG. In addition, ACCENTRO has also been granted 
an option whereby it can continue to acquire DIM Holding AG over the next 12 months. 
Lars Schriewer, CEO of ACCENTRO commented: "We will continue on our chosen path of increasing value creation through 
acquisitions. Our declared goal is to diversify and increase revenues. We are now looking into alternative growth 
options, and first talks are already under way. Given its robust business performance, ACCENTRO is well on track to 
achieve the forecast for 2021 despite the rescission." 
 
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: eisenlohr@accentro.de 
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: c.dose@wmp-ag.de 
Tel. +49 (0)69 2475689491 
Mobile: +49 173 6679900 
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2021-05-12 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:       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:  1196096 
 
End of News   DGAP News Service 
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1196096 2021-05-12


 
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(END) Dow Jones Newswires

May 12, 2021 12:49 ET (16:49 GMT)