Berlin, May 16, 2017 – At the Annual Shareholders’ Meeting of ACCENTRO Real Estate AG, shareholders approved the resolutions proposed by the Executive Board and the Supervisory Board by large majorities. Among other things, the shareholders approved, with 99.99 percent of the capital present, the payment of a dividend of 0.15 euros per share. The Executive Board (99.99 percent of the votes) and the Supervisory Board (99.99 percent) were discharged almost unanimously for the 2016 fiscal year.
In addition, the Executive Board was authorized to issue, on one or more occasions until May 14, 2020, up to 1,800,000 options to current and future members of the Executive Board and senior management. These options entitle the holder, in accordance with the terms and conditions of the options, to acquire new no-par value bearer shares of Accentro Real Estate AG (2017 Stock Option Plan). Looking back, the 2016 fiscal year was Accentro Real Estate AG’s strongest year in terms of revenue. Revenue in the privatization segment increased by 272 percent, and net sales profit rose by 555.1 percent.
Following a successful first quarter, Accentro Real Estate AG continues to look ahead to the current year with confidence. “We aim to continue growing both in our core business—the privatization of apartments—and in our partnerships with real estate developers,” explains Jacopo Mingazzini, CEO of ACCENTRO Real Estate AG.
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 rent-like prices, 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
jann@pb3c.com
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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