Press

Press Contact

For press and public relations issues, contact:

ACCENTRO GmbH Kantstraße 44/45 10625 Berlin  

E-Mail presse@accentro.de tel. +49 (0) 30 – 88 71 81 41  fax.+49 (0) 30 – 88 71 81 49

Press releases

Berlin, 30 November 2021 – ACCENTRO Real Estate AG, an investor in residential real estate and Germany’s leading housing privatisation company, continues to grow dynamically and looks back on a very successful nine-month period.

Lars Schriewer, CEO of ACCENTRO Real Estate AG, is satisfied: “We continued the strong business development we have been seeing since the start of this year with a very successful third quarter. Compared to the same period last year, revenues during the first nine months almost doubled. Our EBIT increased many times over. The main driver behind this performance was the dynamic trend in our housing privatisation business. Given the strong business performance, we confirm the forecast for 2021, and see great potential for long-term growth.”

Group earnings substantially increased

Group revenues rose by 92.0 % to EUR 125.4 million (previous year: EUR 65.3 million). Even more dynamic was the performance of group earnings before interest and taxes (EBIT): These climbed up to EUR 31.0 million (previous year: EUR 5.6 million). Accordingly, group earnings after taxes (EAT) increased to EUR 9.6 million (previous year: EUR -11.8 million) and earnings per share increased to EUR 0.30 (previous year: EUR -0.36).

Fair value adjustments of investment properties—meaning real estate that ACCENTRO holds in its portfolio for the longer term—had a positive impact on EBIT with EUR 16.3 million (previous year: EUR 2.0 million). It clearly demonstrates the quality and the capital appreciation potential of our real estate.

Total assets increased to EUR 958 million (31 December 2020: EUR 862 million), which is primarily attributable to the further expansion of the proprietary stock of rental flats. As a result, rental income surged by 86.6 % to EUR 15.3 million (previous year: EUR 8.2 million). This prompted a rise in net asset value (NAV) per share to around EUR 13.

ACCENTRO repeated its strong performance in the privatisation of residential real estate, seamlessly maintaining the dynamic growth of the previous quarters in the third quarter. The company sold 614 units to tenants, owner-occupiers and private investors – an increase by 132.6 % over prior-year period (previous year: 264 units). The volume of notarised property sales totalled EUR 188.6 million and also exceeded the prior-year figure by a significant 155.2 % (previous year: EUR 73.9 million). Revenues almost doubled during the first nine months, growing by 94.6 % to EUR 108.4 million (previous year: EUR 55.7 million). The volume of notarised property sales whose transfer of benefits and burdens was still pending by the balance sheet date of 30 September 2021 amounted to EUR 96.4 million.

Outlook confirmed

Given the successful business development during the first nine months, ACCENTRO confirms its forecast for this year. Accordingly, revenues will grow by up to around 60 % to somewhere between EUR 170 and 200 million (previous year: EUR 125.2 million) and EBIT by up to around 44 % to somewhere between EUR 45 and 50 million (previous year: EUR 34.8 million). All of the company’s business units will contribute to the positive earnings performance. During the fourth quarter, further income from fair value adjustments of investment properties will be significantly complemented by earnings both from individual apartment sales and from block sales.

Lars Schriewer takes an optimistic view of the future: “ACCENTRO is superbly positioned in all of its business units. The company has a very well-filled privatisation pipeline of residential properties already legally partitioned into condominiums. In addition, our proprietary rental portfolio, which we keep expanding in a dynamic effort, offers plenty of appreciation and rental potential. Moreover, we have laid the foundation for significant growth in our service business, i.e. real estate sales for third parties such as project developers, by entering into an exclusive sales cooperation for residential properties with ImmoScout24 just a few weeks ago. In addition to the privatisation of existing properties, which has been successful for decades, ACCENTRO is thus increasingly entering into the sale of new-build flats."

About ACCENTRO Real Estate AG

ACCENTRO Real Estate AG is Germany’s market leader in housing privatizations. In addition to its home market of Berlin, the company focuses on auspicious metro regions such as Hamburg, Rhine-Ruhr and Leipzig. In its Privatization business unit, ACCENTRO retails condominiums from its proprietary portfolio to owner-occupiers and buy-to-let investors or – bundled into portfolios – to institutional investors. In its Services & Ventures business unit, ACCENTRO sells apartments on behalf of investors and property developers – including through equity investments in its own right within the framework of joint ventures. ACCENTRO Real Estate AG is listed on the Prime Standard segment of the Frankfurt Stock Exchange (German securities code number WKN: A0KFKB, ISIN: DE000A0KFKB3). investors.accentro.de

Marketing Contact:

Johannes Müller ACCENTRO Real Estate AG Kantstraße 44/45 10625 Berlin E-Mail: j.mueller@accentro.de Tel. +49 (0) 30 – 88 71 81 44

Press and Public Relations Contact:

Karl-Philipp Jann, PB3C GmbH Rankestraße 17, 10789 Berlin Email: jann@pb3c.com Tel. 030 - 72 62 76 1612

Berlin, 10 November 2021 – ACCENTRO Real Estate AG (“ACCENTRO”), an investor in residential real estate and Germany’s leading housing privatisation company, and Immobilien Scout GmbH (“ImmoScout24”) are pooling their forces in the marketing and selling of residential real estate. The two companies agreed on a strategic collaboration that has just been signed into effect in Berlin. The cooperation is long-term.

In conjunction with their strategic partnership, ACCENTRO and ImmoScout24 will identify residential real estate assets for joint marketing in the future. ACCENTRO offers owner companies guaranteed purchasing agreements for marketing and selling their assets. The digital marketing of the properties will be fully and exclusively handled by ImmoScout24. Being Germany’s leading online marketplace for real estate, ImmoScout24 offers access to more than 20 million users each month via its website or app.

“Our exclusive partnership with Germany’s leading real estate platform, ImmoScout24, propels us into our next growth phase,” commented Lars Schriewer, CEO of ACCENTRO. “The housing market is booming. By entering into this collaboration, we are strengthening our service spectrum for institutional sellers, property developers, estate agents and other property companies who wish to sell some of their portfolio assets. The impressive reach and the marketing service spectrum of ImmoScout24 opens up a whole new dimension for ACCENTRO: It will translate into significantly stronger growth of the new build segment in the medium term than we had been expecting so far.”

“With its long-term experience and its extensive network, ACCENTRO is a perfect partner for us. ImmoScout24 contributes its strength to the online marketing of properties – from marketing strategy, project homepages, to special advertising forms and social media marketing,” said Ralf Weitz, Managing Director of ImmoScout24. “What sellers and investors get out of this partnership, which combines best access to Germany’s largest real estate market with a highly productive sales organisation operating nationwide, is a unique package for the marketing of residential real estate.”

Within the framework of a purchasing agreement, ACCENTRO will handle the marketing of apartment portfolios belonging to investors or property developers on an exclusive basis. In return, Accentro guarantees to take over apartments into its proprietary portfolio at a fixed price in case selling them to third parties within a certain period of time proves impossible.

ImmoScout24 will be responsible for the entire online marketing strategy of the projects, including the compilation of sell sheets, the development of websites (micro sites), the placement in Germany’s largest online marketplace for real estate, the selection of suitable special advertising forms, and the marketing on social networks. These services will be provided by the internal media unit operating like an in-house agency—a concept that ImmoScout24 has successfully offered to property developers and large customers under a full-service concept for some time now.

For more details, go to https://www.fullservicevermarktung-scout24.com/

About ACCENTRO Real Estate AG

ACCENTRO Real Estate AG is Germany’s market leader in housing privatizations. In addition to its home market of Berlin, the company focuses on auspicious metro regions such as Hamburg, Rhine-Ruhr and Leipzig. In its Privatization business unit, ACCENTRO retails condominiums from its proprietary portfolio to owner-occupiers and buy-to-let investors or – bundled into portfolios – to institutional investors. In its Services & Ventures business unit, ACCENTRO sells apartments on behalf of investors and property developers – including through equity investments in its own right within the framework of joint ventures. ACCENTRO Real Estate AG is listed on the Prime Standard segment of the Frankfurt Stock Exchange (German securities code number WKN: A0KFKB, ISIN: DE000A0KFKB3). investors.accentro.de

Marketing Contact:

Johannes Müller ACCENTRO Real Estate AG Kantstraße 44/45 10625 Berlin E-Mail: j.mueller@accentro.de Tel. +49 (0) 30 – 88 71 81 44

Press and Public Relations Contact:

Karl-Philipp Jann, PB3C GmbH Rankestraße 17, 10789 Berlin Email: jann@pb3c.com Tel. 030 - 72 62 76 1612

Berlin, 02 June 2021 – ACCENTRO Real Estate AG is the official partner of the NOVENTI OPEN tennis tournament in Halle (North Rhine-Westphalia). As part of the agreement, the company has signed a contract with OWL Sport & Event GmbH & Co. KG, the operating company of the OWL ARENA. In this way, ACCENTRO is supporting the established top sporting event that the international tennis world looks up to every year. That is why the NOVENTI OPEN attracts some of the biggest crowds in Germany. During the last edition, more than 115,000 spectators followed the matches on site. The tournament is broadcasted live on ZDF, Eurosport and in 170 countries worldwide as part of the important ATP Tour 500 Series.

„We are very excited about this long-term partnership. The NOVENTI OPEN is one of the most outstanding top events in tennis. It therefore fills me with great enthusiasm that ACCENTRO is supporting this event through our cooperation,'' states Lars Schriewer, CEO of ACCENTRO Real Estate AG. The NOVENTI OPEN has been held as a men's tennis tournament on grass courts since 1993. Many of the world's best professional players use the tournament as their final rehearsal for the Grand Slam tournament in Wimbledon. The 28th NOVENTI OPEN will once again be held from June 12 to 20, 2021, with a top-class field of participants led by world star Roger Federer.

About ACCENTRO Real Estate AG

ACCENTRO Real Estate AG is Germany’s market leader in housing privatizations. In addition to its home market of Berlin, the company focuses on auspicious metro regions such as Hamburg, Rhine-Ruhr and Leipzig. In its Privatization business unit, ACCENTRO retails condominiums from its proprietary portfolio to owner-occupiers and buy-to-let investors or – bundled into portfolios – to institutional investors. In its Services & Ventures business unit, ACCENTRO sells apartments on behalf of investors and property developers – including through equity investments in its own right within the framework of joint ventures. ACCENTRO Real Estate AG is listed on the Prime Standard segment of the Frankfurt Stock Exchange (German securities code number WKN: A0KFKB, ISIN: DE000A0KFKB3). investors.accentro.de

Marketing Contact:

Johannes Müller ACCENTRO Real Estate AG Kantstraße 44/45 10625 Berlin E-Mail: j.mueller@accentro.de Tel. +49 (0) 30 – 88 71 81 44

Press and Public Relations Contact:

Karl-Philipp Jann, PB3C GmbH Rankestraße 17, 10789 Berlin Email: jann@pb3c.com Tel. 030 - 72 62 76 1612

Berlin, 14. August 2020 - ACCENTRO launches Sales for Unique Residential and Commercial Units in Riehmers Hofgarten in Berlin Kreuzberg

Riehmers Hofgarten combines classic, pre-war apartments with commercial units and exclusive, new-build penthouses with floor plans ranging from 21 to 301 square meters and two to nine rooms. The fully renovated apartments boast generous ceiling heights, stucco elements, parquet or plank floors as well as high-end bathroom ceramics, fixtures and fittings. A number of the units can be reached via an elevator. The penthouse apartments also have roof terraces with views over the rooftops of Berlin. Completion is scheduled for autumn 2021.

ACCENTRO acquired this iconic complex at the end of 2018 and commenced refurbishment and restoration work in Q3 2019 in close consultation with Berlin’s Monument Authority. Meticulous renovation work will be carried out on a high number of apartments and the property’s stairwells and entrance areas, including the restoration of several historic frescoes. With work well underway, the building’s pipework has already been renewed, elevators have been installed and state-of-the-art bell and letterbox systems have been added. In order to supplement the existing parking spaces in the property’s underground parking garage, ACCENTRO is also creating bicycle stands in the inner courtyard as well as spaces for prams.

“Even by ACCENTRO standards, Riehmers Hofgarten is a very special property. Across the whole of Berlin, demand for high-end refurbished condominiums has never been higher. While we assume that our buyers will largely be from Germany, Kreuzberg’s outstanding international reputation and vibrant cultural scene will certainly also appeal to international buyers,” says Lars Schriewer, CEO of ACCENTRO Real Estate AG. “Even before the start of our sales and marketing campaign, we have succeeded in breathing new life into this unique residential complex and have aroused a great deal of interest from art and culture aficionados. In addition to owner-occupiers, who are sure to appreciate the beautiful condominiums in Riehmers Hofgarten, the complex’s residential and commercial units also present the ideal investment opportunity for capital investors,” adds Schriewer.

For more information on Riehmers Hofgarten and to take virtual tours of the properties, please visit: https://www.riehmers-hofgarten-berlin.de/

About ACCENTRO Real Estate AG

ACCENTRO Real Estate AG is Germany’s market leader in housing privatizations. In addition to its home market of Berlin, the company focuses on auspicious metro regions such as Hamburg, Rhine-Ruhr and Leipzig. In its Privatization business unit, ACCENTRO retails condominiums from its proprietary portfolio to owner-occupiers and buy-to-let investors or – bundled into portfolios – to institutional investors. In its Services & Ventures business unit, ACCENTRO sells apartments on behalf of investors and property developers – including through equity investments in its own right within the framework of joint ventures. ACCENTRO Real Estate AG is listed on the Prime Standard segment of the Frankfurt Stock Exchange (German securities code number WKN: A0KFKB, ISIN: DE000A0KFKB3). investors.accentro.de

Press and Public Relations Contact:

Karl-Philipp Jann, PB3C GmbH Rankestraße 17, 10789 Berlin Email: jann@pb3c.com Tel. 030 - 72 62 76 1612

Berlin, 18 July 2019 – ACCENTRO Real Estate AG is exclusively marketing a modern multi-family house in scenic Schöneiche near Berlin on behalf of the Käthe-Kollwitz Schöneiche GbR property development company. A historic former school building raised in 1900 will be stripped to shell and converted into 17 high-end flats of two to three bedrooms and of about 55 to 85 square metres in size, which translates into a total residential floor area of 1,140 square metres spread across two floors and the newly developed attic floor. The completion is scheduled for late 2019.

All of the flats come with generous balconies or patios that overlook surroundings dotted with old-growth trees. It is a place that combines tranquillity and peace of mind with the proximity of a major city. The flats themselves offer excellent specification such as underfloor heating, oak parquet floor, triple-glazed windows that are film-coated on one side and include electric aluminium blinds, as well as branded sanitary fixtures and fittings. In addition, parking spots for the future residents will be created on the 1,890-square-metre grounds.

“As an established housing company with focus on Germany’s first city, we have noted that demand for housing has also gone up steadily in the suburbs,” said Jacopo Mingazzini, CEO of ACCENTRO Real Estate AG. “We are therefore pleased to have the chance of adding another modern and attractive property to our marketing portfolio,” Mingazzini went on to say.

“We are going for a high standard in our development of the multi-unit dwellings at Käthe-Kollwitz-Str. 6, which is why we are putting a premium on detail. The flats come with open-plan eat-in kitchens, sound-proof apartment entrance doors with three-point locking systems and generously proportioned layouts. The dream of life in quiet surroundings can thus become reality in Schöneiche near Berlin,” said Hans Wittmann of Käthe-Kollwitz Schöneiche GbR as he elaborated on the “Käthe” residential development.

The town of Schöneiche lies in the Oder-Spree District south-east of Berlin’s city limits and is embedded in a landscape of small swimming lakes and nature protection areas. The ruggedly romantic woods of Kleiner Spreewald nearby are a popular day-trip destination. The commute to Berlin only takes ten minutes by car and even by public means of transportation, the metropolis next door lies within easy reach.

About ACCENTRO Real Estate AG

ACCENTRO Real Estate AG is Germany’s market leader in housing privatizations. In addition to its home market of Berlin, the company focuses on auspicious metro regions such as Hamburg, Rhine-Ruhr and Leipzig. In its Privatization business unit, ACCENTRO retails condominiums from its proprietary portfolio to owner-occupiers and buy-to-let investors or – bundled into portfolios – to institutional investors. In its Services & Ventures business unit, ACCENTRO sells apartments on behalf of investors and property developers – including through equity investments in its own right within the framework of joint ventures. ACCENTRO Real Estate AG is listed on the Prime Standard segment of the Frankfurt Stock Exchange (German securities code number WKN: A0KFKB, ISIN: DE000A0KFKB3). investors.accentro.de

Press and Public Relations Contact:

Karl-Philipp Jann, PB3C GmbH Rankestraße 17, 10789 Berlin Email: jann@pb3c.com Tel. 030 - 72 62 76 1612

Berlin, 13 May 2019 – ACCENTRO Real Estate AG is marketing the posh Art Nouveau housing complex AVENIR in Potsdam on behalf of Spree Zweite Beteiligung Ost GmbH. It consists of two four-storey residential buildings raised in 1910 that divide into front building, side building and back building, located on Hans-Thoma-Strasse in Potsdam. The 35 condominiums, whose sizes range from two to five bedrooms and from around 56 to 236 square metres, feature balconies, loggias or roof terraces, as the case may be. The site of this grand townhouse in baroque-revival style, located between the Dutch Quarter, the lakefront of Heiliger See and the cultural venues along Schiffbauergasse comes with excellent transport links and infrastructure.

“During the refurbishment, the existing historic building fabric that is so characteristic of this building was painstakingly restored with great attention to detail while new accommodation was added in the attic. The lift in the front building is embedded in the elegant staircase. We anticipate keen demand from owner-occupiers but also from buy-to-let investors because a property in such a central location, with such generously proportioned floor plans and bourgeois, yet modernised building fabric will quickly attract a large number of leads,” said Michaela Witt, project manager of Spree Zweite Beteiligung Ost.

“Our service spectrum is not limited exclusively to our core market Berlin. We market existing properties and property developments in sought locations across Germany. This property in the state capital of Brandenburg represents yet another highlight in our positive track record,” said Jacopo Mingazzini, CEO of ACCENTRO Real Estate AG.

For details and visual impressions of the project, go to its homepage at: https://www.wohnung-kaufen-potsdam.de/

About ACCENTRO Real Estate AG

ACCENTRO Real Estate AG is Germany’s market leader in housing privatizations. In addition to its home market of Berlin, the company focuses on auspicious metro regions such as Hamburg, Rhine-Ruhr and Leipzig. In its Privatization business unit, ACCENTRO retails condominiums from its proprietary portfolio to owner-occupiers and buy-to-let investors or – bundled into portfolios – to institutional investors. In its Services & Ventures business unit, ACCENTRO sells apartments on behalf of investors and property developers – including through equity investments in its own right within the framework of joint ventures. ACCENTRO Real Estate AG is listed on the Prime Standard segment of the Frankfurt Stock Exchange (German securities code number WKN: A0KFKB, ISIN: DE000A0KFKB3). investors.accentro.de

Press and Public Relations Contact:

Karl-Philipp Jann, PB3C GmbH Rankestraße 17, 10789 Berlin Email: jann@pb3c.com Tel. 030 - 72 62 76 1612

Berlin, 2 April 2019 – The Berlin-based company ACCENTRO Real Estate AG will market an exclusive housing estate in Berlin’s district of Tiergarten on behalf of its owner, Step2Capital Group. Raised on the corner of Flotowstrasse and Bachstrasse in the Hansaviertel quarter in 1984, the apartment building of 48 flats stands out because of the unique design of its façade and floor plan. The residential units, which range from 64 to 95 square metres in size and have between two and four bedrooms, feature tub-equipped bathrooms and separate kitchens, and some come with additional guest WCs and storage rooms. The majority of the flats have conservatories with floor-length windows, while other flats have balconies. “These modern condominiums were created in connection with the International Building Exhibition that took place between 1979 and 1987. It is an apartment building superbly located, close to the heart of the inner city in the Hansaviertel, a quarter directly next to the Tiergarten landscape park,” said Fabian Probst, Managing Director of Step2Capital Group.

“The existing scheme on Flotowstrasse is yet another property for us that we market on behalf of a third party. It is a service contract that neatly ties in with our positive track record. Real estate we successfully marketed in the past includes all types of properties, from existing to new-build assets, and various districts of Berlin, from Mitte to Neukölln and all the way to Spandau,” elaborated Jacopo Mingazzini, CEO of ACCENTRO Real Estate AG.

For details and visual impressions of the project, go to its homepage at: www.wohnung-kaufen-tiergarten.de

About ACCENTRO Real Estate AG

ACCENTRO Real Estate AG is Germany’s market leader in housing privatizations. In addition to its home market of Berlin, the company focuses on auspicious metro regions such as Hamburg, Rhine-Ruhr and Leipzig. In its Privatization business unit, ACCENTRO retails condominiums from its proprietary portfolio to owner-occupiers and buy-to-let investors or – bundled into portfolios – to institutional investors. In its Services & Ventures business unit, ACCENTRO sells apartments on behalf of investors and property developers – including through equity investments in its own right within the framework of joint ventures. ACCENTRO Real Estate AG is listed on the Prime Standard segment of the Frankfurt Stock Exchange (German securities code number WKN: A0KFKB, ISIN: DE000A0KFKB3). investors.accentro.de

Press and Public Relations Contact:

Karl-Philipp Jann, PB3C GmbH Rankestraße 17, 10789 Berlin Email: jann@pb3c.com Tel. 030 - 72 62 76 1612

Berlin, 18 March 2019 – The Berlin-based property company ACCENTRO Real Estate AG will handle the marketing end of the exclusive townhouse project in Oranienburg on behalf of property developer First Home Wohnbau GmbH. The project consists of two rows of seven houses each and is located on Neckarstrasse in Oranienburg. Designed as attached houses of 167 to 171 square metres on plots of 253 to 630 square metres, the homes include roof terraces and two car parking spots each. The project is under development directly next to the River Havel, separated from the riverbank only by a hedge and a public foot path. The nearest rapid transit and regional railway station is around one kilometre away from the site. This puts downtown Berlin within reach of a 30-minute commute using public transportation. “The location of these new terraced properties with direct access to the River Havel will appeal particularly to people who prefer living in a green environment without having to relinquish the amenities of urban life in the capital Berlin. Based on our experience with a project of similar design in Spandau, we anticipate a keen interest among owner-occupiers. Especially for families, townhouses are an ideal home, but at the same time they would also be perfectly suitable as buy-to-let investment,” said Dr. Karin Stammer, Managing Director of First Home.

“We are expanding our collaboration with experienced property developers, this being the second project we are marketing for First Home,” explained Jacopo Mingazzini, CEO of ACCENTRO Real Estate AG. “By committing our expanded service options to collaborative ventures with property developers, we deploy our marketing know-how and our high net worth to make such projects a success,” Mingazzini went on to say.

For details and visual impressions of the project, go to its homepage at: www.haus-kaufen-oranienburg.de/en

About ACCENTRO Real Estate AG

ACCENTRO Real Estate AG is Germany’s market leader in housing privatizations. In addition to its home market of Berlin, the company focuses on auspicious metro regions such as Hamburg, Rhine-Ruhr and Leipzig. In its Privatization business unit, ACCENTRO retails condominiums from its proprietary portfolio to owner-occupiers and buy-to-let investors or – bundled into portfolios – to institutional investors. In its Services & Ventures business unit, ACCENTRO sells apartments on behalf of investors and property developers – including through equity investments in its own right within the framework of joint ventures. ACCENTRO Real Estate AG is listed on the Prime Standard segment of the Frankfurt Stock Exchange (German securities code number WKN: A0KFKB, ISIN: DE000A0KFKB3). investors.accentro.de

Press and Public Relations Contact:

Karl-Philipp Jann, PB3C GmbH Rankestraße 17, 10789 Berlin Email: jann@pb3c.com Tel. 030 - 72 62 76 1612

Berlin, 11 February 2019 – ACCENTRO Real Estate AG is about to launch sales of its con-dominiums at Uhlandpalais. Buy-to-let investors and owner-occupiers have the choice of generously proportioned period flats and attic apartments. The Belle Époque building, raised in the baroque-revival style, is located near Kurfürstendamm on Uhlandstrasse 173/174. Raised in 1899, it features a front building, side building and a back building grouped around an inner courtyard.

Terraced flat or attic apartment—all of the units at Uhlandpalais radiate a manorial flair. Some of the luxurious flats of 3 to 9 bedrooms come with loggias, Juliet balconies or roof terraces, as the case may be. Extending over 108 to 310 square metres and having ceiling heights of up to four metres, these flats offer upscale home amenities in an exclusive location in direct proximity to Kurfürstendamm. The large wooden double-cased windows, preserved in their original state, admit plenty of natural light into the interiors.

“Uhlandpalais is not just a stately Belle Époque building. The quarter around Uhlandstrasse is also one of the most popular areas in the City West sub-district,” said Jacopo Mingazzini, CEO of ACCENTRO Real Estate AG.

About ACCENTRO Real Estate AG

ACCENTRO Real Estate AG is Germany’s market leader in housing privatizations. In addition to its home market of Berlin, the company focuses on auspicious metro regions such as Hamburg, Rhine-Ruhr and Leipzig. In its Privatization business unit, ACCENTRO retails condominiums from its proprietary portfolio to owner-occupiers and buy-to-let investors or – bundled into portfolios – to institutional investors. In its Services & Ventures business unit, ACCENTRO sells apartments on behalf of investors and property developers – including through equity investments in its own right within the framework of joint ventures. ACCENTRO Real Estate AG is listed on the Prime Standard segment of the Frankfurt Stock Exchange (German securities code number WKN: A0KFKB, ISIN: DE000A0KFKB3). investors.accentro.de

Press and Public Relations Contact:

Karl-Philipp Jann, PB3C GmbH Rankestraße 17, 10789 Berlin Email: jann@pb3c.com Tel. 030 - 72 62 76 1612

Berlin, 04 February 2019 – ACCENTRO Real Estate AG is set to continue its successful collaboration with T&T Grundbesitz GmbH with a property located on the corner of Silber-steinstrasse 45 and Hertastrasse. COLORS NEUKÖLLN is a six-storey residential scheme under development that will deliver 33 high-end flats of one to four bedrooms and of around 25 to 124 square metres in size. A large number of these flats are handicap-accessible and come with one or two balconies each. The recessed storey is being developed into three penthouse apartments of 70 to 124 square metres and two to four bedrooms plus patios that offer an amazing view across Berlin’s rooftops. Its completion is scheduled for spring of 2020.

“Last year, we successfully marketed the 69 residential units of a project called ‘The Wing’ on the other side of the Schillerkiez neighbourhood. The marketing period extended over roughly twelve months. COLORS NEUKÖLLN is another project that we are collaboratively raising together with a property developer and that we will be marketing,” said Jacopo Mingazzini, CEO of ACCENTRO Real Estate AG. “As Germany’s leading privatiser of housing stock, we bring decisive know-how to the job of marketing residential real estate. This creates ideal syn-ergy effects for selling new-build construction projects. It is in this field that we intend to push for growth,” Mingazzini went on to say.

“We are going for a high standard in our development of the multi-unit dwellings on Silber-steinstrasse, which is why we are putting a premium on detail. The flats have generously pro-portioned floor plans, floor-length windows on every floor, and will amaze you with the classy design of their bathrooms,” as Zoran Topalovic of T&T explains.

For more details on the COLORS NEUKÖLLN project and virtual viewing options, go to: www.colors-neukoelln.de.

About ACCENTRO Real Estate AG

ACCENTRO Real Estate AG is Germany’s market leader in housing privatizations. In addition to its home market of Berlin, the company focuses on auspicious metro regions such as Hamburg, Rhine-Ruhr and Leipzig. In its Privatization business unit, ACCENTRO retails condominiums from its proprietary portfolio to owner-occupiers and buy-to-let investors or – bundled into portfolios – to institutional investors. In its Services & Ventures business unit, ACCENTRO sells apartments on behalf of investors and property developers – including through equity investments in its own right within the framework of joint ventures. ACCENTRO Real Estate AG is listed on the Prime Standard segment of the Frankfurt Stock Exchange (German securities code number WKN: A0KFKB, ISIN: DE000A0KFKB3). investors.accentro.de

Press and Public Relations Contact:

Karl-Philipp Jann, PB3C GmbH Rankestraße 17, 10789 Berlin Email: jann@pb3c.com Tel. 030 - 72 62 76 1612

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10625 Berlin