01.04.2017
Corestate Capital Holding S.A. LU1296758029
DGAP-Adhoc: Corestate Capital Holding S.A.: CORESTATE Capital Group obtains an investment and asset management mandate in connection with the sale of retail portfolios worth EUR 687m to Universal-Investment, fund manager of Bayerische Versorgungskammer
DGAP-Ad-hoc: Corestate Capital Holding S.A. / Key word(s): Miscellaneous
Corestate Capital Holding S.A.: CORESTATE Capital Group obtains an
investment and asset management mandate in connection with the sale of
retail portfolios worth EUR 687m to Universal-Investment, fund manager of
Bayerische Versorgungskammer
01-Apr-2017 / 16:25 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR, transmitted by
DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
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CORESTATE Capital Group obtains an investment and asset management mandate
in connection with the sale of retail portfolios worth EUR 687m to
Universal-Investment, fund manager of Bayerische Versorgungskammer
Today, CORESTATE Capital Holding S.A. (CORESTATE), an investment manager and
co-investor headquartered in Luxembourg - through companies administered by
CORESTATE - has signed notarized agreements concerning a significant asset
management mandate and the sale of retail portfolios to Universal-Investment
funds of the Bayerische Versorgungskammer (BVK). The investment vehicle will
be administered by Universal-Investment-Luxembourg S.A.
CORESTATE shall be instructed with the asset management. With a value of EUR
687m, the existing portfolio comprises a total of 90 properties in German
cities and consists of sub-portfolios acquired as part of CORESTATE's club
deal program.
The transaction is subject to the approval by the Federal Cartel Office.
IR Contact
Henryk Deter / Mirko Koch
Phone: +49 611 20585540 / [email protected]
PR Contact
Tom Zeller
Phone: +49 69 264867715 / Cell phone: +49 176 10430063 / [email protected]
About CORESTATE Capital Holding S.A.
CORESTATE Capital Holding S.A. (CORESTATE) is an investment manager and
co-investor with EUR 16bn* in assets under management. As a fully integrated
real estate platform, CORESTATE offers its clients combined expertise in the
areas of investment and fund management as well as real estate management
services. The company operates as a respected business partner of
institutional clients and wealthy private investors internationally.
CORESTATE is headquartered in Luxembourg and has 26 offices including in
Dusseldorf, Frankfurt, Madrid, Singapore and Zurich. The company employs
over 390 people and is listed on the Frankfurt Stock Exchange. Further
information is available at www.corestate-capital.com.
*The completion of the Hannover Leasing Group transaction is still subject
to the conclusion of ownership control procedures by the Federal Financial
Supervisory Authority, BaFin
DISCLAIMER:
This publication constitutes neither an offer to sell nor a solicitation of
an offer to purchase securities. The securities that are the subject of the
listing discussed in this press release have not been and will not be
registered under the U.S. Securities Act of 1933, as amended (the
"Securities Act"), and may not be offered or sold in the United States
absent registration or an available exemption from the registration
requirements of the Securities Act.
In the United Kingdom, this publication is directed only at persons who: (i)
are qualified investors within the meaning of the Financial Services and
Markets Act 2000 (as amended) and any relevant implementing measures and/or
(ii) are outside the United Kingdom or (iii) have professional experience in
matters relating to investments and fall within the definition of
"investment professionals" contained in article 19(5) of the Financial
Services and Markets Act 2000 (Financial Promotion) Order 2005 (as amended)
(the "Order") or are persons falling within article 49(2)(a) to (d) (high
net worth companies, unincorporated associations, etc.) of the Order, or
fall within another exemption to the Order (all such persons referred to in
(i) to (iii) above together being referred to as "Relevant Persons"). Any
person who is not a Relevant Person must not act or rely on this publication
or any of its contents. Any investment or investment activity to which this
publication relates is available only to Relevant Persons and will be
engaged in only with Relevant Persons. This publication contains statements
related to future business and financial performance and future events or
developments involving CORESTATE that may constitute forward-looking
statements. These statements may be identified by words such as "expect",
"intend", "look forward to", "believe", "will" or other words of similar
meaning. Such statements are based on current expectations and certain
assumptions of CORESTATE's management, of which many are out of our control.
These are subjects to a number of risks and uncertainties. Should one or
more of this risks or uncertainties materialize, or should underlying
expectations not occur or assumptions prove incorrect, actual results,
performance or achievements of CORESTATE may (negatively or positively) vary
materially from those described explicitly or implicitly in the relevant
forward-looking statement. CORESTATE does not intend or assume any
obligation to update or revise these forward-looking statements in light of
developments which differ from those anticipated.
This publication is not a prospectus. Investors should not purchase or
subscribe for any securities referred to in this publication except on the
basis of information in the prospectus to be issued by CORESTATE in
connection with the offering of such securities.
-ENDS-
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01-Apr-2017 CET/CEST The DGAP Distribution Services include Regulatory
Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de
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Language: English
Company: Corestate Capital Holding S.A.
35 avenue Monterey
L-2163 Luxembourg
Grand Duchy of Luxembourg
Phone: +352 (26) 637222
Fax: +352 (26) 637245
E-mail: [email protected]
Internet: www.corestate-capital.ch
ISIN: LU1296758029
WKN: A141J3
Listed: Regulated Unofficial Market in Berlin, Tradegate Exchange;
Open Market (Scale) in Frankfurt
End of Announcement DGAP News Service
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560863 01-Apr-2017 CET/CEST
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Immobilien (Gewerbe) , A141J3 , CCAP , XETR:CCAP