Aves One : expands Rail portfolio with state-of-the-art intermodal wagons with a transaction volume of around EUR 14.5 million

DGAP-News: Aves One AG / Key word(s): Acquisition Aves One AG expands Rail portfolio with state-of-the-art intermodal wagons with a transaction volume of around EUR 14.5 million 03.09.2020 / 07:30 The issuer is solely responsible for the content of this announcement. Corporate News Aves One AG expands Rail portfolio with state-of-the-art intermodal wagons with a transaction volume of around EUR 14.5 million Hamburg, 3 September , 2020 - Aves One AG, a strongly growing holder of long-life logistics assets, has expanded its rail portfolio by acquiring intermodal wagons with a transaction volume of around EUR 14.5 million. The intermodal wagons of the type "T3000" are only one year old, fully leased and are managed by the Lucerne-based asset manager Wascosa. The T3000 is a state-of-the-art articulated wagon which is especially suitable for the transport of megatrailers. This type of wagon was particularly in demand during the initial phase of the COVID-19 pandemic, as trucks were not allowed to cross national borders, or only to a limited extent. In addition, the wagons are also used, for example, to transport standard semi-trailers, large containers and swap bodies. Aves One has entered into the existing financing contract of UniCredit Leasing Austria. This is the first cooperation between UniCredit Leasing Austria and Aves One. "With this transaction we are continuing the embarked growth course in the Rail segment. The demand for intermodal wagons is currently very high. We expect this trend to continue, as this type of wagon allows goods to be shifted more efficiently from road to rail," explains Jürgen Bauer, member of the Management Board of Aves One AG. About Aves One AG Aves One AG is a strongly growing holder of long-life logistics assets with a focus on freight cars. Containers and swap bodies are also part of the portfolio. With a young and profitable freight car portfolio Aves One is one of the leading holders of rail logistics assets in Europe. The strategy is focused on the continuous optimization of its own stock and the further expansion of its logistics portfolio. The Hamburg-based Aves One AG is listed on the regulated market (Prime Standard) of the Frankfurt Stock Exchange (ISIN: DE000A168114; WKN: A16811). Further Information www.avesone.com Contact Aves One AG Jürgen Bauer, Executive Board T [phone] F [phone] E [e-mail]   03.09.2020 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:	Aves One AG
	Große Elbstrasse 61
	22767 Hamburg
	Germany
Phone:	040 696528 350
Fax:	040 696528 359
E-mail:	[e-mail]
Internet:	www.avesone.com
ISIN:	DE000A168114
WKN:	A16811
Listed:	Regulated Market in Frankfurt (Prime Standard), Hamburg, Hanover; Regulated Unofficial Market in Berlin, Dusseldorf, Stuttgart; London
EQS News ID:	1126745

End of News	DGAP News Service

1126745  03.09.2020