Grounds

EQS-News: The Grounds Real Estate Development AG quadruples Group sales and significantly increases half-year earnings

Retrieved on: 
Friday, September 23, 2022

Group EBIT rises by around 81% to EUR 2.9 million (H1 2021: EUR 1.6 million); consolidated profit after tax of EUR 1.5 million (H1 2021: EUR 0.0 million)

Key Points: 
  • Group EBIT rises by around 81% to EUR 2.9 million (H1 2021: EUR 1.6 million); consolidated profit after tax of EUR 1.5 million (H1 2021: EUR 0.0 million)
    Berlin, 23.09.2022 The Grounds Real Estate Development AG (The Grounds / ISIN: DE000A2GSVV5) developed successfully in the first half of 2022 and significantly increased its earnings.
  • This was based on growth in Group sales, which at EUR 21.4 million were more than four times higher than in the comparison period of the previous year (EUR 4.9 million).
  • Consolidated EBIT in the reporting period increased by EUR 1.3 million, or just over 81%, to EUR 2.9 million.
  • After taxes, consolidated profit for the first half of 2022 was EUR 1.5 million (H1 2021: EUR 0.0 million).

DGAP-News: The Grounds Real Estate Development AG acquires residential property with densification potential in Berlin-Lichtenberg

Retrieved on: 
Wednesday, August 31, 2022

Berlin, 31.08.2022 The Grounds Real Estate Development AG (The Grounds / ISIN: DE000A2GSVV5) signed the purchase contract to acquire a residential property in Berlin-Lichtenberg yesterday.

Key Points: 
  • Berlin, 31.08.2022 The Grounds Real Estate Development AG (The Grounds / ISIN: DE000A2GSVV5) signed the purchase contract to acquire a residential property in Berlin-Lichtenberg yesterday.
  • The property also offers potential to create further residential units.
  • Another residential building with 23 residential units and a rentable area of approx.
  • Jacopo Mingazzini, a member of The Grounds Management Board, says: "The residential plot convinced us mainly due to its attractive location, existing densification potential and building rights that have already been created.

Wimbledon Selects PFS For UK Fulfillment Operations

Retrieved on: 
Tuesday, August 16, 2022

ALLEN, Texas, Aug. 16, 2022 (GLOBE NEWSWIRE) -- PFS, a premier eCommerce order fulfillment provider and business unit of PFSweb, Inc. (NASDAQ: PFSW), was selected by The All England Lawn Tennis Club to operate its global order fulfillment operations for the online Wimbledon Shop .

Key Points: 
  • ALLEN, Texas, Aug. 16, 2022 (GLOBE NEWSWIRE) -- PFS, a premier eCommerce order fulfillment provider and business unit of PFSweb, Inc. (NASDAQ: PFSW), was selected by The All England Lawn Tennis Club to operate its global order fulfillment operations for the online Wimbledon Shop .
  • The All England Club sought to elevate its eCommerce experience with best-in-class order fulfillment operations globally from the PFS distribution center in Southampton, United Kingdom.
  • PFS understood our needs and had all the capabilities we desired in a fulfillment provider.
  • PFS, the business unit of PFSweb, Inc. (NASDAQ: PFSW) is a premier eCommerce order fulfillment provider.

DGAP-News: The Grounds Real Estate Development AG: The Grounds acquires a 5,560 m2 plot in Königs Wusterhausen

Retrieved on: 
Wednesday, July 13, 2022

The Grounds Real Estate Development AG: The Grounds acquires a 5,560 m2 plot in Knigs Wusterhausen

Key Points: 
  • The Grounds Real Estate Development AG: The Grounds acquires a 5,560 m2 plot in Knigs Wusterhausen
    The issuer is solely responsible for the content of this announcement.
  • Berlin, 13.07.2022 The Grounds Real Estate Development AG (The Grounds / ISIN: DE000A2GSVV5) concluded the contract to purchase a 5,560 m2 plot of land in Knigs Wusterhausen yesterday.
  • Once legal building requirements have been obtained, the company plans to implement a residential construction project here.
  • The population in Knigs Wusterhausen alone grew from 33,747 in 2011 to 38,898 by the end of March 2022, an increase of more than 15%.

Impact XM to Inspire Exploration, Connect Life Science Exhibitors from Global Healthcare Brands at Rethink: Healthcare 2022

Retrieved on: 
Thursday, June 30, 2022

DAYTON, N.J., June 30, 2022 /PRNewswire/ -- After over 15 years of hosting industry-leading events, Impact XM is excited to host Rethink: Healthcare 2022 in-person on Thursday, July 14 at Grounds for Sculpture in Hamilton, NJ. The one-day conference will offer healthcare marketers the opportunity to explore the latest in healthcare congresses through sessions that examine new trends, actionable insights and recent developments in engagement solutions and technology - all while networking with industry peers.

Key Points: 
  • "We are thrilled that Rethink: Healthcare will be in person this year, giving healthcare marketers the opportunity to reconnect with their peers and reflect on what we've learned in the first half of 2022.
  • During Rethink: Healthcare, we will come together to investigate the latest trends in healthcare marketing and consider future paths forward," said Impact XM CEO Jared Pollacco.
  • Trusted by some of the world's most respected organizations, Impact XM clients operate across a variety of industries, including the Healthcare, Technology, and Industrial sectors.
  • Headquartered in New Jersey, Impact XM maintains locations in Toronto, Los Angeles, Las Vegas, Dallas, Washington D.C. and London, England.

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 entirely sells the 'Property Garden' in Magdeburg

Retrieved on: 
Tuesday, April 26, 2022

Berlin, 26 April 2022 - The Grounds Real Estate Development AG (The Grounds / ISIN: DE000A2GSVV5), only around eight months after first documentation in August 2021, has concluded the purchase contract for the last residential unit still available in the "Property Garden" project at Halberstdter Strasse 153 / 155 in Magdeburg.

Key Points: 
  • Berlin, 26 April 2022 - The Grounds Real Estate Development AG (The Grounds / ISIN: DE000A2GSVV5), only around eight months after first documentation in August 2021, has concluded the purchase contract for the last residential unit still available in the "Property Garden" project at Halberstdter Strasse 153 / 155 in Magdeburg.
  • In addition to the residential building, a generously-sized green space with a play area will be created on the development plot in the inner courtyard.
  • Our positive assessment regarding the development of Magdeburg has thus been confirmed for a second time.
  • We look forward to further projects in Magdeburg, for example in our 'Brde Bogen' building plan development that will follow soon."

Perry Point VA Medical Center Recognized for Tree Care Program that Promotes Health and Wellness

Retrieved on: 
Friday, April 22, 2022

BALTIMORE, April 22, 2022 /PRNewswire-PRWeb/ -- For the second year in a row, the Grounds Section at the Perry Point VA Medical Center, a division of the VA Maryland Health Care System, has been recognized with two awards for their comprehensive tree care and maintenance program. Perry Point was among the first health care facilities in the nation to be designated as a Tree Campus Healthcare facility by the Arbor Day Foundation, which was first awarded in 2020. The Tree Campus Healthcare Facility designation is an innovative and unique program aimed to transform community health and wellness, recognizing the life-saving benefits trees provide on health care campuses across the nation. The designation recognizes health care campuses that incorporate tree planting, education and community engagement in their wellness programs. The Perry Point VA Medical Center also earned the Maryland Urban and Community Forest Committee's Maryland Forestry Green People Loving and Nurturing Trees (PLANT) Award for caring for and planting trees. Last year alone, 88 new trees, all native to Maryland, were planted on the medical center grounds thanks to activities on Arbor Day, Earth Day and Veterans Day. Even more trees will be planted this year on those same observances.

Key Points: 
  • For the second year in a row, the Grounds Section at the Perry Point VA Medical Center, a division of the VA Maryland Health Care System, has been recognized with two awards for their comprehensive tree care and maintenance program.
  • BALTIMORE, April 22, 2022 /PRNewswire-PRWeb/ -- For the second year in a row, the Grounds Section at the Perry Point VA Medical Center, a division of the VA Maryland Health Care System, has been recognized with two awards for their comprehensive tree care and maintenance program.
  • The Tree Campus Healthcare Facility designation is an innovative and unique program aimed to transform community health and wellness, recognizing the life-saving benefits trees provide on health care campuses across the nation.
  • The designation recognizes health care campuses that incorporate tree planting, education and community engagement in their wellness programs.

DGAP-News: The Grounds Real Estate Development AG successfully closes the 2021 financial year, and again increases consolidated EBIT and Group earnings

Retrieved on: 
Wednesday, April 13, 2022

The Grounds successfully closes the 2021 financial year, and again increases consolidated EBIT and Group earnings

Key Points: 
  • The Grounds successfully closes the 2021 financial year, and again increases consolidated EBIT and Group earnings
    Berlin, 13.04.2022 - The Grounds Real Estate Development AG (The Grounds / ISIN: DE000A2GSVV5) successfully closed the 2021 financial year with consolidated sales revenues of EUR 31.6 million (previous year: EUR 31.3 million) and a consolidated EBIT (Earnings Before Interest and Taxes) considerably increased to EUR 9.2 million (previous year: EUR 6.1 million), thereby surpassing each of the 2021 annual forecast values by more than a third.
  • Consolidated profits after taxes rose to EUR 5.1 million (previous year: EUR 4.0 million), equivalent to an earnings-per-share increase to EUR 0.29 (previous year: EUR 0.22).
  • The sale of a 51% majority shareholding in the BrdeBogen project in Magdeburg contributed decisively to exceeding the forecast.
  • Simultaneously, the consolidated Group balance sheet total rose to more than EUR 100 million for the first time (previous year: EUR 87.4 million).

DGAP-News: The Grounds Real Estate Development AG acquires a residential complex in Fehrbellin

Retrieved on: 
Friday, April 1, 2022

Berlin, 01.04.2022 - The Grounds Real Estate Development AG (The Grounds / ISIN: DE000A2GSVV5) has acquired a plot of land with a residential complex in Fehrbellin (Brandenburg).

Key Points: 
  • Berlin, 01.04.2022 - The Grounds Real Estate Development AG (The Grounds / ISIN: DE000A2GSVV5) has acquired a plot of land with a residential complex in Fehrbellin (Brandenburg).
  • Constructed in 1980, the building with three staircases comprises a total of 24 residential units with 1,503 m2 of total rentable area.
  • The Grounds intends to hold the acquired real estate property in its own fixed assets on a long-term basis.
  • As well as its good structural condition and attractive location, the main point in favour of the purchase of this real estate property was its long-term letting potential."