Berlin, 24 January 2018 – ACCENTRO Real Estate AG (WKN: A0KFKB, ISIN: DE000A0KFKB3), Berlin, the only listed housing privatisation company in Germany, suc-cessfully placed a corporate bond of 100 million euros. „The size of our current pipeline has prompted us to consider alternative financing models. We are currently examining the purch-ase of more than 1,200 residential units, around 750 of them in Berlin. The bond selected allows us to implement these purchase plans quickly," says Jacopo Mingazzini, CEO of AC-CENTRO Real Estate AG. „We can now further increase the pace of expansion," adds Mingazzini.
The new corporate bond has a term of three years and was offered for private placement exclusively to qualified investors. The interest rate is 3.75% p. a..
About ACCENTRO Real Estate AG
ACCENTRO Real Estate AG is a listed housing company. The company's core business is the privatisation of residential property. The subsidiary ACCENTRO GmbH is the market lea-der in residential privatisation services in Germany.
ACCENTRO Real Estate AG has its office in Berlin and is listed in the Prime Standard of the Frankfurt Stock Exchange (WKN: A0KFKB).
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