WIESBADEN

EQS-News: Montano acquires the 'Haus am Staatstheater' in Wiesbaden for a professional pension fund

Retrieved on: 
Wednesday, December 13, 2023
Water, Risk, Investment, Wilhelmstrasse, Tenant, Menden (Sauerland) station

November 2023 - Montano Real Estate GmbH ("Montano", www.montano.eu), the highly specialized partner for investments in commercial real estate, has acquired an attractive office and commercial building for a German professional pension fund.

Key Points: 
  • November 2023 - Montano Real Estate GmbH ("Montano", www.montano.eu), the highly specialized partner for investments in commercial real estate, has acquired an attractive office and commercial building for a German professional pension fund.
  • The "Haus am Staatstheater" in Wiesbaden's city center has around 6,000 sqm of rentable space and 34 parking spaces.
  • The excellent infrastructure and numerous restaurants and cafés make the street one of the most attractive locations in the city.
  • POELLATH provided legal and tax advice, while KROLL REAG was responsible for technical advice and environmental due diligence.

Athora Holding Ltd. Completes Third Capital Raise, Securing Approximately €2.75 Billion of Additional Common Equity Commitments

Retrieved on: 
Thursday, December 15, 2022
Professional Services, Business, Insurance, Finance, Asset Management, Accounting, Fitch Ratings, Amstelveen, AUA, Pension, Administration, Safety, Acquisition, Security (finance), Bank

Athora Holding Ltd. (Athora or the Group), a leading European savings and retirement services group, has completed its third capital raise, securing a total of approximately 2.75 billion of additional permanent equity capital commitments from new and existing shareholders, including commitments of over 2.0 billion announced on 2 November 2022.

Key Points: 
  • Athora Holding Ltd. (Athora or the Group), a leading European savings and retirement services group, has completed its third capital raise, securing a total of approximately 2.75 billion of additional permanent equity capital commitments from new and existing shareholders, including commitments of over 2.0 billion announced on 2 November 2022.
  • The capital raise has been conducted as a private placement of common equity securities.
  • Since its inception in 2018, Athora has raised circa 6.75 billion of total equity capital.
  • (Brussels, Belgium), Athora Lebensversicherung AG (Wiesbaden, Germany), Athora Italia S.p.A. (Genoa, Italy) and Athora Life Re Ltd. (Pembroke, Bermuda).

Athora Holding Ltd. Secures Over €2.0 Billion of Additional Common Equity Commitments

Retrieved on: 
Wednesday, November 2, 2022
Personal Finance, Professional Services, Business, Finance, Acquisition, AUA, Administration, Amstelveen, Safety, Pension, Security (finance), Bank, Group

Athora Holding Ltd. (Athora or the Group), a leading European savings and retirement services group has secured over 2.0 billion of additional permanent equity capital commitments from new and existing shareholders, including commitments of 600 million received in December 2021.

Key Points: 
  • Athora Holding Ltd. (Athora or the Group), a leading European savings and retirement services group has secured over 2.0 billion of additional permanent equity capital commitments from new and existing shareholders, including commitments of 600 million received in December 2021.
  • This is Athoras third capital raise since its inception in 2018 and brings its total equity capital raised to over 6.0 billion.
  • As a sign of the long-term commitment to Athora, Apollo (including Athene) increased its common equity commitments by 600 million as part of this capital raise.
  • (Brussels, Belgium), Athora Lebensversicherung AG (Wiesbaden, Germany), Athora Italia S.p.A. (Genoa, Italy) and Athora Life Re Ltd. (Pembroke, Bermuda).

Athora Announces Closed Life Book Transaction with AXA Germany

Retrieved on: 
Thursday, July 14, 2022
Asset Management, Professional Services, Insurance, Finance, Safety, Amstelveen, Acquisition, IFRS, Bank, Solution, Morgan Stanley, Belgium, Risk, AXA, Investment, Bank of America, AUA, Bermuda, DWL, Growth, Industry, Pension, Insurance, Group

Prior to closing of the transaction, AXA Germany will transfer the portfolio and its associated balance sheet to a well-capitalised company which will be acquired by Athora Germany and integrated under the Athora brand.

Key Points: 
  • Prior to closing of the transaction, AXA Germany will transfer the portfolio and its associated balance sheet to a well-capitalised company which will be acquired by Athora Germany and integrated under the Athora brand.
  • Athora Germany and AXA Germany will also sign extensive service agreements for the five-year transition period during which the portfolio will gradually migrate to Athora.
  • As part of the transaction, AXA IM will continue to provide certain asset management services to Athora Germany, notably investment grade debt, until 2028.
  • (Brussels), Athora Lebensversicherung AG (Wiesbaden, Germany), Athora Ireland plc (Dublin) and Athora Life Re Ltd. (Bermuda).

Mike Wells Appointed Group CEO of Athora

Retrieved on: 
Monday, July 11, 2022
Insurance, Professional Services, Safety, Solution, Prudential, CEO, Amstelveen, Prudential plc, Bermuda, Hong Kong Stock Exchange, Â, Acquisition, Pension, Foundation, Growth, Insurance, Management

Athora Holding Ltd. (Athora or the Group), a leading European retirement services group with 79 billion assets under administration, has today announced the appointment of Mike Wells as Group Chief Executive Officer, subject to regulatory approvals, and Michele Bareggi to the newly created role of President and Deputy CEO.

Key Points: 
  • Athora Holding Ltd. (Athora or the Group), a leading European retirement services group with 79 billion assets under administration, has today announced the appointment of Mike Wells as Group Chief Executive Officer, subject to regulatory approvals, and Michele Bareggi to the newly created role of President and Deputy CEO.
  • Mr Wells is a seasoned leader in global insurance having spent 26 years at Prudential plc, including seven years as CEO.
  • Mike Wells said, This is a tremendously exciting time to be joining Athora.
  • (Brussels), Athora Lebensversicherung AG (Wiesbaden, Germany), Athora Ireland plc (Dublin) and Athora Life Re Ltd. (Bermuda).

DGAP-News: ABO Wind AG expands Managing Board for an accelerated energy transition

Retrieved on: 
Thursday, June 23, 2022
Wind, DGAP, Administration, Financial Oversight and Management Board for Puerto Rico, General manager, Corporate finance, News, ABO, Supervisory board, Phase I environmental site assessment, Human resources, Vorstand, Board, Ahn, Electricity, Security (finance), Property management, Management

(Wiesbaden, 23 June 2022) ABO Wind is well equipped to make a relevant contribution to the accelerating energy transition.

Key Points: 
  • (Wiesbaden, 23 June 2022) ABO Wind is well equipped to make a relevant contribution to the accelerating energy transition.
  • To further strengthen these efforts, the companys Supervisory Board initiated an expansion of the companys Managing Board yesterday.
  • As already reported ad hoc, the Supervisory Board intends to appoint three new members to the Managing Board.
  • "We are gaining three new competent members for the Managing Board who ideally embody the ABO Wind culture," says Jrg Lukowsky, Chairman of the Supervisory Board.

DGAP-News: ABO Wind AG realises 86-megawatt wind farm independently

Retrieved on: 
Tuesday, February 8, 2022
DGAP, Wind, News, ABO, Risk, Pihtipudas, Electricity, Vestas, Farm, Security (finance), Renewable energy

Last year, the Wiesbaden-based company connected the Vlikangas wind farm in Finland to the grid, the first 100-megawatt wind farm in the company's history.

Key Points: 
  • Last year, the Wiesbaden-based company connected the Vlikangas wind farm in Finland to the grid, the first 100-megawatt wind farm in the company's history.
  • The commissioning of the second 100-megawatt wind farm in Cuevas de Velasco, Spain, will be starting soon.
  • The fact that ABO Wind is realising its first completely independently implemented large-scale project in Finland is no coincidence.
  • The Pajupernkangas wind farm planned for 2023 will bring ABO Wind another superlative: "With a total height of 250 metres, the V162 turbines will be the largest turbines we have ever built," says Hllinger.

DGAP-News: Takeover offer by financial investors unsuccessful - Aareal Bank continues to drive its growth strategy forward

Retrieved on: 
Friday, February 4, 2022
Bidding, Growth, Bank, Aareal Bank, General officer, Project Panther Bidco, Coronavirus, Group, Environment, Advent International, CPP Investment Board, Centerbridge Partners, Mass meeting, Annual general meeting, Company, Book, CPPIB, Income, Security (finance), Holding company, Marketing, Animal

Accordingly, the takeover offer will lapse; existing shareholders will retain title to their tendered shares, which will be re-posted to the original class of shares.

Key Points: 
  • Accordingly, the takeover offer will lapse; existing shareholders will retain title to their tendered shares, which will be re-posted to the original class of shares.
  • Jochen Klsges, Chief Executive Officer of Aareal Bank, said: "We supported the offer because from a strategic perspective, it was in the best interests of the Company and its stakeholders.
  • Aareal Bank Group has significant growth potential across all of its segments, which we want to consistently pursue in the years to come.
  • Aareal Bank Group will provide more details of its growth plans in all segments when presenting its results for 2021 on 24 February.