Berlin, December 17, 2019 ACCENTRO Real Estate AG (WKN: A0KFKB, ISIN DE000A0KFKB3) has sold a residential complex in Blankenfelde-Mahlow, Brandenburg, to an institutional investor. The transaction has a significant impact on EBIT, which is now expected to exceed 40 million euros for the full year, thereby surpassing the forecast for fiscal year 2019. Total revenue is expected to amount to just over 140 million. -The Executive Board-
About ACCENTRO Real Estate AG
ACCENTRO Real Estate AG is a residential real estate investor and the market leader in housing 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-level 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 portfolio holders, 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
December 17, 2019 / 8:42 p.m. CET/CEST / Publication of inside information pursuant to Article 17 of Regulation (EU) No. 596/2014
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ACCENTRO Real Estate AG
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Phone: +49 (0)30 88 71 81 272