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ACCENTRO Acquires 190 Residential Units in Potsdam and Near Leipzig

Berlin, March 24, 2020 – ACCENTRO Real Estate AG has acquired 190 residential units in Potsdam and the Leipzig area. The total purchase price is 9.1 million euros. With this acquisition, ACCENTRO now has a portfolio of approximately 2,430 residential units. The majority of the newly acquired apartments are to be sold to owner-occupiers and investors in the medium to long term.

“With these purchases in the Berlin area and the Leipzig region, we are continuing our strategy of geographic diversification,” says Lars Schriewer, CEO of ACCENTRO Real Estate AG, adding: “We will continue to expand nationwide in the future.”

About ACCENTRO Real Estate AG

ACCENTRO Real Estate AG is a residential real estate investor and the market leader in apartment privatization in Germany. As of December 31, 2020, its real estate portfolio comprised approximately 5,200 units. In addition to Berlin, its regional focus includes major East German cities and metropolitan areas, as well as the Rhine-Ruhr metropolitan region and Bavaria. ACCENTRO’s business activities encompass four core areas. These include the sale of apartments to owner-occupiers and private investors at market-rate rents, the sale of real estate portfolios to institutional investors, the development and management of its own real estate portfolio, and the marketing of apartments for property owners, investors, and project developers. The shares of ACCENTRO Real Estate AG are listed on the Prime Standard of the Frankfurt Stock Exchange (WKN: A0KFKB, ISIN: DE000A0KFKB3). investors.accentro.de

Contact for Press and Public Relations

Karl-Philipp Jann

PB3C GmbH

Rankestrasse 17

10789 Berlin

Email

Phone

jann@pb3c.com

+49 (0)30 - 72 62 76 1612

Investor Relations Contact:

Thomas Eisenlohr
ACCENTRO Real Estate AG
Kantstraße 44/45
10625 Berlin

Email: eisenlohr@accentro.de
Phone: +49 (0)30 88 71 81 272

Beratungsbüro ACCENTRO

Kantstraße 44/45

10625 Berlin

+49 30 887181-0 mail@accentro.de

Press and Public Relations Contact

For press inquiries, interview requests, or further information about ACCENTRO Real Estate AG, please feel free to contact our press and public relations representative directly.

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