25.06.2018
Accentro Real Estate AG DE000A0KFKB3
DGAP-News: Accentro Real Estate AG: ACCENTRO Real Estate AG acquires office building for its new headquarters in Berlin-Charlottenburg
DGAP-News: Accentro Real Estate AG / Key word(s): Real Estate
Accentro Real Estate AG: ACCENTRO Real Estate AG acquires office building
for its new headquarters in Berlin-Charlottenburg
25.06.2018 / 08:00
The issuer is solely responsible for the content of this announcement.
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Press release
ACCENTRO Real Estate AG acquires office building for its new headquarters in
Berlin-Charlottenburg
Berlin, 25 June 2018 - ACCENTRO Real Estate AG (WKN: A0KFKB, ISIN:
DE000A0KFKB3) in Berlin, a leader in residential property privatisation in
Germany, has acquired an office building located at Kantstrasse 44/45 in
Berlin-Charlottenburg. With a total area of around 3,300 sqm, ACCENTRO will
use the building to house its new headquarters. In addition, the property is
suitable for the construction of apartments with a total gross floor area of
approximately 2,900 sqm.
Jacopo Mingazzini, CEO of ACCENTRO Real Estate AG, said,
"The acquisition concludes an almost two-year search for the ideal location
for our corporate headquarters. The vacancy rate for commercial real estate
reached an all-time-low of less than two per cent inside the S-Bahn-ring.
The commercial rents rise rapidly, resulting in monthly rents of more than
40 Euro per square meter in top locations. We avoid the rising rents with
the acquisition of an own office. Furthermore, now we are able to profit
from the expected positive value development. Additionaly, the real estate
property allows the construction of additional appartments, which would
strengthen our core business."
About ACCENTRO Real Estate AG
ACCENTRO Real Estate AG, listed on the stock exchange, is the market leader
in residential privatisation in Germany. ACCENTRO generates additional
revenues through portfolio sales and marketing apartments for institutional
investors and project developers. In addition to its home market of Berlin,
the company concentrates on metropolitan regions such as Hamburg, Cologne,
Dusseldorf, Rhine-Main region, Leipzig, Hanover or Bonn. ACCENTRO Real
Estate AG is listed in the Prime Standard of the Frankfurt Stock Exchange
(WKN: A0KFKB, ISIN: DE000A0KFKB3).
Contact Investor Relations
Nicole Birth
ACCENTRO Real Estate AG
Uhlandstr. 165
10719 Berlin
Email: [email protected]
Tel.: +49 (0)30 - 887 181 10
Fax: +49 (0)30 - 887 181 11
Contact Press
Jan Hutterer
Kirchhoff Consult AG
Borselstraße 20
22765 Hamburg
Email: [email protected]
Tel.: +49 (0)40 - 609 186 65
Fax: +49 (0)40 - 609 186 60
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25.06.2018 Dissemination of a Corporate News, transmitted by DGAP - a
service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
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: Accentro Real Estate AG
Uhlandstr. 165
10719 Berlin
Germany
Phone: +49 (0)30 - 887 181 - 0
Fax: +49 (0)30 - 887 181 - 11
E-mail: [email protected]
Internet: www.accentro.ag
ISIN: DE000A0KFKB3
WKN: A0KFKB
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated
Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich,
Stuttgart, Tradegate Exchange
End of News DGAP News Service
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698199 25.06.2018
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