EQS-News: Business development in the first quarter of 2023 in line with expectations
According to an analysis by Savills, residential property was traded for around EUR 1.2 billion in the first quarter.
EQS-News: Accentro Real Estate AG / Key word(s): Quarterly / Interim Statement/Real Estate Business development in the first quarter of 2023 in line with expectations 31.05.2023 / 08:30 CET/CEST The issuer is solely responsible for the content of this announcement. Business development in the first quarter of 2023 in line with expectations
ACCENTRO Real Estate AG is a residential investor and market leader in housing privatisation in Germany. As of 31 March 2023, the real estate portfolio comprised around 180 multi-family houses and 5,834 flats with an area of approximately 340,000 square metres. The book value of the entire portfolio was around EUR 600 million. In addition to Berlin, the regional focus includes major central German cities and conurbations as well as the Rhine-Ruhr metropolitan region. ACCENTRO's business activities comprise three core areas. These include the tenant-oriented sale of flats to private owner-occupiers and capital investors as well as the sale of real estate portfolios to institutional investors, the management of its own real estate portfolio and services for third parties. The shares of ACCENTRO Real Estate AG are listed in the Prime Standard segment of the Frankfurt Stock Exchange (WKN: A0KFKB, ISIN: DE000A0KFKB3). www.accentro.de
Contact for investor relations: Thomas Eisenlohr
Contact person for press and public relations: Ulrich Porwollik
31.05.2023 CET/CEST Dissemination of a Corporate News, transmitted by EQS News - a service of EQS Group AG. |
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: | 1645283 |
End of News | EQS News Service |
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1645283 31.05.2023 CET/CEST