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99.75 percent vote in favor of the refinancing plan for the 2020/2023 bond (volume: 250 million EUR) at the bondholders’ meeting
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Strong show of confidence from investors lays the foundation for continued successful development
Berlin, January 11, 2023 – ACCENTRO Real EstateAG (“ACCENTRO”), a residential real estate investor and Germany’s leading residential privatization company, received overwhelming approval at the bondholders’ meeting for the refinancing of the 2020/2023 bond (volume: EUR 250 million). 99.75 percent of the votes cast approved the refinancing plan. The participation rate was 78.41 percent of the bond principal.
Lars Schriewer, CEO of ACCENTRO, expressed his great satisfaction: “I am very pleased with the strong turnout at the bondholders’ meeting and the overwhelming support our investors have shown for the refinancing plan. Above all, this demonstrates the great confidence our investors have in ACCENTRO’s positive outlook and long-term success. Their support provides important stability and is thus a crucial foundation for our company to continue its successful business development in the coming years.”
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 September 30, 2022, its real estate portfolio comprised approximately 5,200 units. In addition to Berlin, its regional focus includes major cities and metropolitan areas in central Germany as well as the Rhine-Ruhr metropolitan region. ACCENTRO’s business activities encompass three core areas: the sale of apartments to private owner-occupiers and investors at rental-based prices; the sale of real estate portfolios to institutional investors; the development and management of its own real estate portfolio; and services for third parties. The shares of ACCENTRO Real Estate AG are listed on the Prime Standard segment of the Frankfurt Stock Exchange (WKN: A0KFKB, ISIN: DE000A0KFKB3). www.accentro.de
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