25 06 2020

ACCENTRO Real Estate AG successfully holds Annual General Meeting

Berlin, 25 June 2020 – ACCENTRO Real Estate AG successfully held its Annual General Meeting yesterday. Due to restrictions related to the Covid-19 pandemic, this year’s Annual General Meeting was held in a virtual format.

The meeting was attended by shareholders representing 88% of the share capital of ACCENTRO Real Estate AG. Shareholders ratified all items on the agenda by a large majority. Lars Schriewer, CEO of ACCENTRO Real Estate AG, expressed his satisfaction: “We would like to thank our shareholders for their great commitment and trust and are pleased that we will be able to further our company’s successful growth together in the future. The EUR 250 million bond we successfully placed in Q1 2020, together with the new authorised capital approved by the Annual General Meeting today, give us the financial flexibility we need to take advantage of attractive growth opportunities as and when they arise”.

About ACCENTRO Real Estate AG

ACCENTRO Real Estate AG is Germany’s market leader in housing privatisations. In addition to its home market of Berlin, the company focuses on auspicious metro regions such as Hamburg, Rhine-Ruhr, Rhine-Main and Leipzig. In its Privatisation 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 of the Frankfurt Stock Exchange (German securities code number WKN: A0KFKB, ISIN: DE000A0KFKB3).

Press and public relations contact:

Karl-Philipp Jann, PB3C GmbH
Rankestraße 17
10789 Berlin
Tel. 030 - 72 62 76 1612