DGAP-News: PREOS with annual surplus for 2020 of around EUR 83 million in the individual financial statements of the AG according to HGB accounting/ Significant contributor is disclosure of hidden reserves
Frankfurt, 29 July 2021 - Frankfurt am Main, 29 July 2021 - PREOS Global Office Real Estate & Technology AG ("PREOS", ISIN DE000A2LQ850) has achieved an annual surplus of approx.
- Frankfurt, 29 July 2021 - Frankfurt am Main, 29 July 2021 - PREOS Global Office Real Estate & Technology AG ("PREOS", ISIN DE000A2LQ850) has achieved an annual surplus of approx.
- EUR 83 million for the financial year 2020 according to final and audited annual figures in the individual financial statements of the AG prepared in accordance with the German Commercial Code (HGB).
- A significant effect on this result is the disclosure of hidden reserves, which ensued in the context of a capital increase against contribution in kind carried out at GORE.
- PREOS Real Estate & Technology AG ("PREOS") is an active real estate investor focused on office properties.