DGAP-News: CONSUS Real Estate AG / Key word(s): Rating 
Consus Real Estate AG: S&P Ratings upgraded Consus to 'BB-', outlook stable 
 
2020-12-18 / 10:31 
The issuer is solely responsible for the content of this announcement. 
 
*Consus Real Estate AG: S&P Ratings upgraded Consus to 'BB-', outlook 
stable* 
 
Consus Real Estate AG ("Consus"): S&P Global Ratings (S&P) announced an 
upgrade of Consus' rating to 'BB-' for the company and 'B+' for the senior 
secured notes. The outlook remained stable. 
 
The rating upgrade reflects S&P's view that Consus' credit profile is 
enhanced by its strategic importance to its parent company Adler Group S.A. 
S&P sees Consus' landbank as a strategic platform to fuel Adler's future 
growth and develop mainly residential assets in Germany for holding purposes 
in the medium-to-long term. 
 
The stable outlook reflects S&P's expectation of Consus being able to 
continue to benefit from the favourable fundamentals of the German 
residential real estate market and strong demand. 
 
*Contact:* 
Investor Relations 
investors@consus.ag 
+49 30 965 357 90 264 
 
*About Consus Real Estate AG* 
Consus Real Estate AG ("Consus"), with its headquarters in Berlin, is the 
leading real estate developer in the top 9 cities in Germany. As of 30 
September 2020, Consus' development portfolio had a gross development value 
(GDV) of EUR 10.6 billion. Pro forma for the upfront sales announced in May 
2020, the development portfolio has a GDV of EUR 8.6 billion. Consus focuses 
on the development of neighbourhoods and standardised multi-storey 
residential construction, which are sold to institutional investors through 
forward sales. Due to its own construction expertise and the digitalisation 
of construction processes, Consus operates along the entire value chain of 
real estate development. Consus provides the realisation of projects from 
planning and execution to handover, property management and related services 
through its subsidiaries Consus RE GmbH and Consus Swiss Finance AG. The 
shares of Consus are included in the scale segment of the Frankfurt Stock 
Exchange and the m:access segment of the Munich Stock Exchange and are 
traded via XETRA in Frankfurt, among others. 
 
2020-12-18 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. 
 
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Language:    English 
Company:     CONSUS Real Estate AG 
             Kurfürstendamm 188-189 
             10707 Berlin 
             Germany 
Phone:       +49 (0)30 965 357 90 300 
E-mail:      info@consus.ag 
Internet:    www.consus.ag 
ISIN:        DE000A2DA414 
WKN:         A2DA41 
Listed:      Regulated Unofficial Market in Dusseldorf, Frankfurt (Scale), 
             Munich (m:access), Stuttgart, Tradegate Exchange 
EQS News ID: 1156238 
 
End of News DGAP News Service 
 
1156238 2020-12-18

(END) Dow Jones Newswires

December 18, 2020 04:31 ET (09:31 GMT)