DGAP-News: Accentro Real Estate AG: ACCENTRO Kicks off Marketing of Riverside Attached Houses in Oranienburg Near Berlin

PRESS RELEASE

ACCENTRO Kicks off Marketing of Riverside Attached Houses in Oranienburg Near Berlin

• Sales launch for new-build terraced homes project of First Home Wohnbau GmbH
• Attractive terraced properties for owner-occupiers and buy-to-let investors

Berlin, 18 March 2019 - The Berlin-based property company ACCENTRO Real Estate AG will handle the marketing end of the exclusive townhouse project in Oranienburg on behalf of property developer First Home Wohnbau GmbH. The project consists of two rows of seven houses each and is located on Neckarstrasse in Oranienburg. Designed as attached houses of 167 to 171 square metres on plots of 253 to 630 square metres, the homes include roof terraces and two car parking spots each. The project is under development directly next to the River Havel, separated from the riverbank only by a hedge and a public foot path. The nearest rapid transit and regional railway station is around one kilometre away from the site. This puts downtown Berlin within reach of a 30-minute commute using public transportation. "The location of these new terraced properties with direct access to the River Havel will appeal particularly to people who prefer living in a green environment without having to relinquish the amenities of urban life in the capital Berlin. Based on our experience with a project of similar design in Spandau, we anticipate a keen interest among owner-occupiers. Especially for families, townhouses are an ideal home, but at the same time they would also be perfectly suitable as buy-to-let investment," said Dr. Karin Stammer, Managing Director of First Home.

"We are expanding our collaboration with experienced property developers, this being the second project we are marketing for First Home," explained Jacopo Mingazzini, CEO of ACCENTRO Real Estate AG. "By committing our expanded service options to collaborative ventures with property developers, we deploy our marketing know-how and our high net worth to make such projects a success," Mingazzini went on to say.

For details and visual impressions of the project, go to its homepage at: www.haus-kaufen-oranienburg.de/en

About ACCENTRO Real Estate AG

ACCENTRO Real Estate AG is Germany's market leader in housing privatisations. In addition to its home market of Berlin, the company focuses on auspicious metro regions such as Hamburg, Rhine-Ruhr, Rhine-Main and Leipzig. In its Privatisation business unit, ACCENTRO retails condominiums from its proprietary portfolio to owner-occupiers and buy-to-let investors or-bundled into portfolios-to institutional investors. In its Services & Ventures business unit, ACCENTRO sells apartments on behalf of investors and property developers-including through equity investments in its own right within the framework of joint ventures. ACCENTRO Real Estate AG is listed on the Prime Standard of the Frankfurt Stock Exchange (German securities code number WKN: A0KFKB, ISIN: DE000A0KFKB3).

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