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DGAP-News: q.beyond sells colocation subsidiary IP Exchange for € 44 million

Friday, September 17, 2021 - 7:12pm

Cologne, 17 September 2021 - q.beyond AG is selling IP Exchange GmbH, its wholly-owned subsidiary, for around 44 million (enterprise value) to NorthC Group Deutschland GmbH, a company of the Dutch data centre operator NorthC Group.

Key Points: 
  • Cologne, 17 September 2021 - q.beyond AG is selling IP Exchange GmbH, its wholly-owned subsidiary, for around 44 million (enterprise value) to NorthC Group Deutschland GmbH, a company of the Dutch data centre operator NorthC Group.
  • IP Colocation GmbH was successfully sold at the end of July 2021 already.
  • Having successfully sold its colocation business, which generated quarterly revenues of around 5 million, q.beyond has updated its full-year forecast for the 2021 financial year.
  • Based on figures adjusted to account for the transaction, the company now expects revenues of between 155 million and 165 million (previously: between 160 million and 170 million).

DGAP-News: Schaeffler AG: Schaeffler opens new e-mobility plant built to the very latest standards of sustainability

Friday, September 17, 2021 - 3:28pm

The new plant also highlights our ambitions to continue our strong growth in e-mobility."

Key Points: 
  • The new plant also highlights our ambitions to continue our strong growth in e-mobility."
  • Construction work on Szombathely II, the Schaeffler Group's second plant in western Hungary, started in 2020.
  • Schaeffler's total sustainability concept also includes on-site outdoor nature zones and an organic pond for enhanced local biodiversity.
  • With more than 1,900 patent applications in 2020, Schaeffler is Germany's second most innovative company according to the DPMA (German Patent and Trademark Office).

DGAP-News: Deutsche Wohnen SE: Deutsche Wohnen sells around 11,000 residential and commercial units to the State of Berlin

Friday, September 17, 2021 - 12:07pm

Deutsche Wohnen and the State of Berlin have reached an agreement on the sale of selected properties from the company's portfolio.

Key Points: 
  • Deutsche Wohnen and the State of Berlin have reached an agreement on the sale of selected properties from the company's portfolio.
  • Michael Zahn, CEO of Deutsche Wohnen: "With the sale, we are reaffirming our role as a trustworthy partner for the State of Berlin.
  • In this context, a total of around 20,000 apartments have been offered for sale to the state of Berlin by Deutsche Wohnen and Vonovia.
  • Of the units acquired by the three state companies from Deutsche Wohnen, 19 percent is subsidized housing built between 1950 and 1999.

DGAP-News: Vonovia SE: Vonovia sells Berlin housing stock from the Future and Social Pact for Housing to municipal housing companies

Friday, September 17, 2021 - 12:06pm

- Agreement on the sale of a total package of 14,750 Vonovia and Deutsche Wohnen apartments from the Future and Social Pact for Housing to berlinovo, degewo and HOWOGE

Key Points: 
  • - Agreement on the sale of a total package of 14,750 Vonovia and Deutsche Wohnen apartments from the Future and Social Pact for Housing to berlinovo, degewo and HOWOGE
    Bochum, 17 September 2021 - Vonovia SE ("Vonovia") has successfully concluded talks on the sale of housing stock in Berlin to the municipal housing companies berlinovo, degewo and HOWOGE.
  • The apartments shall be transferred to the municipal housing companies in January and July of next year.
  • Rolf Buch, CEO of Vonovia: "With this sale of housing stock in Berlin to the municipal housing companies, we are fulfilling a central promise to the Berlin Senate from the Future and Social Pact for Housing.
  • As a reliable political and social partner, we contribute sustainably to solutions for the Berlin housing market."