Berlin, August 9, 2018 – Revenue at ACCENTRO Real Estate AG (WKN: A0KFKB, ISIN: DE000A0KFKB3), Berlin, rose significantly by 129.4% to EUR 97.9 million in the first half of 2018 (previous year: EUR 42.7 million). EBIT increased by 28.1% to EUR 14.3 million (previous year: EUR 11.2 million). In addition, the privatization portfolio was significantly strengthened in the first half of the year through acquisitions in central locations in Berlin. Going forward, the company also plans to expand into other metropolitan regions in Germany.
To accelerate growth, ACCENTRO is also exploring further financing options via the capital market and, to this end, has commissioned Baader Bank AG and Quirin Privatbank AG to conduct a management roadshow. Depending on market conditions, a potential equity financing measure may be implemented in the near term. This will be accompanied by an increase in the free float.
August 9, 2018 / 8:30 a.m. CET/CEST / Publication of inside information pursuant to Article 17 of Regulation (EU) No. 596/2014
Contact for Press and Public Relations
Jan Hutterer
Kirchhoff Consult AG
Borselstraße 20
22765 Hamburg
Phone
Email: accentro@kirchhoff.de
+49 (0)40 – 609 186 65
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