Aves One : further expands rail portfolio with acquisitions of more than EUR 150 million

DGAP-News: Aves One AG / Key word(s): Acquisition Aves One further expands rail portfolio with acquisitions of more than EUR 150 million 10.07.2019 / 09:58 The issuer is solely responsible for the content of this announcement. Corporate News Aves One further expands rail portfolio with acquisitions of more than EUR 150 million Hamburg, 10 July 2019 - Aves One AG, a strongly growing portfolio holder in the field of long-lived logistics assets, is further expanding its rail portfolio. In the current fiscal year 2019, Aves One has increased the volume of contractually agreed deliveries to a total of more than EUR 150 million with recent transactions. As a result, the portfolio in the rail segment increases to more than 10,500 freight and tank cars. The acquisitions include fixed deliveries and new purchase agreements for a total of approx. 1,500 freight and tank cars. The acquired portfolio consists of new wagons and around 800 used freight cars with an average utilization age of less than 10 years. The newly acquired rail assets are almost fully let and will be delivered mainly in 2019. Asset management of the portfolios continues to be carried out by the well-established providers Wascosa, Lucerne, and ERR European Rail Rent, Duisburg. Jürgen Bauer, CEO of Aves One AG, comments: "In 2019 our company continues the successful growth strategy of the previous year as planned. The acquisitions confirm that we are able to maintain our high growth rate. The newly acquired freight wagons fit perfectly into our existing portfolio. Our focus on rail investments will thus be continued." About Aves One AG Aves One AG is a strongly expanding holder of long-life logistics assets with a focus on freight cars. The portfolio also includes containers and swap bodies. The company plans to increase the value of its assets to more than EUR 1 billion by the end of 2019. With a young, profitable freight car portfolio, Aves One is one of the leading holders of rail logistics assets in Europe. The strategy is geared to constant optimisation of Aves One's stock and further expansion of the logistics portfolio. Based in Hamburg, 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 us Aves One AG Jürgen Bauer, Member of the Management Board T [phone] F [phone] E [e-mail] - 10.07.2019 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:	839061

End of News	DGAP News Service

839061  10.07.2019