22.01.2018 17:29:16
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DGAP-Ad hoc: Accentro Real Estate AG
DGAP-Ad-hoc: Accentro Real Estate AG / Key word(s): AGM/EGM/Joint Venture Ad-hoc Communiqué ACCENTRO Real Estate AG Sells Equity Stake in Property Portfolio Berlin, 22 January 2018 - ACCENTRO Real Estate AG (WKN securities code number: A0KFKB, ISIN: DE000A0KFKB3) today signed an agreement for the sale of a 75% partnership interest in the company ACCENTRO Gehrensee GmbH, a fully-owned subsidiary that holds a property of around 41,500 sqm in Berlin's Lichtenberg borough. ACCENTRO Real Estate AG intends to invest the EUR 20 million in liquid capital that will be released by the transaction in its core business, which is tenant-friendly housing privatisation. The transaction will result in a modest contribution to earnings in the 2018 consolidated financial statements of ACCENTRO Real Estate AG. - The Management Board - About ACCENTRO Real Estate AG IR Contact Person
22-Jan-2018 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. |
Language: | English |
Company: | Accentro Real Estate AG |
Uhlandstr. 165 | |
10719 Berlin | |
Germany | |
Phone: | +49 (0)30 - 887 181 - 0 |
Fax: | +49 (0)30 - 887 181 - 11 |
E-mail: | info@accentro.ag |
Internet: | www.accentro.ag |
ISIN: | DE000A0KFKB3 |
WKN: | A0KFKB |
Listed: | Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich, Stuttgart, Tradegate Exchange |
End of Announcement | DGAP News Service |
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647481 22-Jan-2018 CET/CEST
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