Bogen

EQS-News: The Grounds Real Estate Development AG remained on its growth track in 2022 in a more difficult market environment - positive outlook for 2023

Retrieved on: 
Friday, April 28, 2023

This corresponds to an increase of more than 16% compared to consolidated sales of EUR 31.6 million in the previous year.

Key Points: 
  • This corresponds to an increase of more than 16% compared to consolidated sales of EUR 31.6 million in the previous year.
  • Thus the balance sheet total of The Grounds has more than quadrupled within just three years.
  • In the property and portfolio development area, The Grounds was able to completely sell the “Terra Homes” project in Erkner near Berlin in a forward sale during fiscal year 2022.
  • The significant increase in sales was not reflected in a corresponding increase in earnings due to lower sales margins.

DGAP-News: The Grounds Real Estate Development AG: Magdeburg City Council approves land development plan and sets course for the future of Börde Bogen

Retrieved on: 
Monday, June 13, 2022

The Grounds Real Estate Development AG: Magdeburg City Council approves land development plan and sets course for the future of Brde Bogen

Key Points: 
  • The Grounds Real Estate Development AG: Magdeburg City Council approves land development plan and sets course for the future of Brde Bogen
    The issuer is solely responsible for the content of this announcement.
  • Berlin, 13 June 2022 In its meeting on Thursday, 9 June 2022, Magdeburg City Council approved the building development plan memorandum for the "Southern Sieverstorstrasse 174-2" area on which the Brde Bogen project is to be realised in the coming years.
  • This is a joint venture between The Grounds Real Estate Development AG (The Grounds / ISIN: DE000A2GSVV5) and the Stonehedge Group, both based in Berlin.
  • We anticipate increasing demand in Magdeburg's housing market, especially in the course of Intel's location in Magdeburg, which was announced in the spring of 2022."

DGAP-News: The Grounds Real Estate Development AG gains joint venture partner for Börde Bogen project development in Magdeburg

Retrieved on: 
Wednesday, December 22, 2021

Berlin, 22.12.2021 - The Grounds Real Estate Development AG (The Grounds / ISIN: DE000A2GSVV5) concluded a contract today for the sale of a majority holding of 51% percent of the shares in the project company for the Brde Bogen project development in Magdeburg.

Key Points: 
  • Berlin, 22.12.2021 - The Grounds Real Estate Development AG (The Grounds / ISIN: DE000A2GSVV5) concluded a contract today for the sale of a majority holding of 51% percent of the shares in the project company for the Brde Bogen project development in Magdeburg.
  • The purchaser of the shares is Stonehedge SHG 1.
  • Beteiligungs GmbH in Berlin, which will implement the project in future together with The Grounds as a joint venture partner.
  • We will invest the proceeds from the sale in the further growth of The Grounds."

Bogen To Showcase Latest Innovations at InfoComm 2019 in Orlando, FL

Retrieved on: 
Monday, June 10, 2019

The ALA-C1 is an award-winning product from Bogen's Apogee Sound International brand of professional audio solutions.

Key Points: 
  • The ALA-C1 is an award-winning product from Bogen's Apogee Sound International brand of professional audio solutions.
  • It will be commercially available in the 4th quarter of 2019.
  • Bogen will be conducting live demonstrations of the C4000 Series solution, the E7000 Series v.4.0 features, and the ALA-C1 at InfoComm Booth #6543.
  • For more than 87 years, Bogen Communications, Inc., has been a leading provider of commercial amplifiers, speakers, and intercom systems for music, paging, and educational applications.