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Accentro Real Estate AG: ACCENTRO ACQUIRES 190 RESIDENTIAL UNITS IN POTSDAM AND NEAR LEIPZIG

EQS Group Tuesday, 24 March 2020 ()
DGAP-News: Accentro Real Estate AG / Key word(s): Real Estate
24.03.2020 / 08:00
The issuer is solely responsible for the content of this announcement. 

*Berlin, 24 March 2020* - ACCENTRO Real Estate AG has acquired 190 residential units in Potsdam and in the Leipzig region. The purchase price amounts to a total of 9.1 million euros. With the acquisition of the properties ACCENTRO now has a portfolio of approx. 2,430 residential units. The overwhelming majority of the newly-acquired apartments are to be sold to owner-occupiers and buy-to-let investors in the medium to long term.

"With the purchase close to Berlin and in the Leipzig region we are continuing our policy of regional diversification," says Lars Schriewer, the Chief Executive Officer of ACCENTRO Real Estate AG, adding: "In the future we will see further expansion throughout Germany."

*About ACCENTRO Real Estate AG*
ACCENTRO Real Estate AG is Germany's market leader in housing privatisations. In addition to its home market of Berlin, the company focuses on auspicious metro regions such as Hamburg, Rhine-Ruhr, Rhine-Main and Leipzig. In its Privatisation business unit, ACCENTRO retails condominiums from its proprietary portfolio to owner-occupiers and buy-to-let investors or-bundled into portfolios-to institutional investors. In its Services & Ventures business unit, ACCENTRO sells apartments on behalf of investors and property developers-including through equity investments in its own right within the framework of joint ventures. ACCENTRO Real Estate AG is listed on the Prime Standard segment of the Frankfurt Stock Exchange (German securities code number WKN: A0KFKB, ISIN: DE000A0KFKB3).

*Contact for Press and Public Relations Work:*
Karl-Philipp Jann
PB3C GmbH
Rankestrasse 17
D-10789 Berlin
E-mail: [email protected]
Tel. +49 (0)30 - 72 62 76 1612
Fax 163 (0)30 - 83 62 76 49
--------------------

24.03.2020 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: 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: [email protected]
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: 1004763
End of News DGAP News Service
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