21.11.2018 Corestate Capital Holding S.A.  LU1296758029

DGAP-News: Corestate Capital Holding S.A.: CORESTATE's Hannover Leasing launches closed-end property AIF investing in office/hotel/asset


 

DGAP-News: Corestate Capital Holding S.A. / Key word(s): Funds
Corestate Capital Holding S.A.: CORESTATE's Hannover Leasing launches closed-end property AIF investing in office/hotel/asset

21.11.2018 / 07:30
The issuer is solely responsible for the content of this announcement.


CORESTATE's Hannover Leasing launches closed-end property AIF investing in office/hotel/asset

Pullach, 21 November 2018 - Hannover Leasing, part of the CORESTATE Group, has launched a new closed-end property AIF for private investors. The fund invests in the property named Quartier West, an office and hotel complex with 14,963 sqm of space, situated in Darmstadt south of Frankfurt. Investors can take tranches starting from EUR 10,000. The projected payout is 4.1% p.a. Referring to the equity, investors will receive a projected total payout of 146.46% for a ten-year term ending on 30/06/2029. The total investment volume of the AIF amounts to EUR 63m, of which EUR 32.5m are equity.

The Quartier West is located in the Darmstadt-West district near the main train station. It consists of two building parts: an office with 9,205 sqm rental space, which is already fully leased to four companies from service, technology, business and tax advisory sectors, as well as a hotel property with 5,758 sqm gross floor area. The latter is leased for 20 years, including an extension option, to the Dutch hotel developer and manager Odyssey Hotel Group. The company will operate the hotel comprising 178 rooms in total as well as a restaurant under the Moxy brand (Marriott International).

Technology cluster in the City of Science

Quartier West is part of the 20-ha business and technology park TZ Rhein Main. Close to the property one can find mainly multi-storey office and research buildings. "Darmstadt is also called Wissenschaftsstadt (City of Science). The Technische Universität (University of Technology) and two further universities as well as numerous globally active corporates are boosting demand for both, overnight stays and congresses. It is therefore not surprising that the asset was fully leased before completion," said Marcus Menne, Managing Director of Hannover Leasing.


Contact
Andre Zahlten
T: +49 69 3535630-108 / M: +49 174 4022348
[email protected]

About Hannover Leasing
For more than 35 years, Hannover Leasing has been one of the leading providers of real assets in Germany. So far, around 70,000 private and institutional investors have committed to the firm's funds, investing a total of 10.3 billion euros in equity in the process. Hannover Leasing's total assets under management add up to approximately 9.8 billion euros. With its subsidiary HANNOVER LEASING Investment GmbH as investment management unit (KVG), Hannover Leasing has the ability to launch and manage open-end and closed-end Special AIFs for institutional investors as well as closed-end AIFs for private investors. A focus lies on the asset class real estate (national and international). Headquartered in Pullach near Munich, Hannover Leasing is part of the CORESTATE Capital Group (CORESTATE).
 
About CORESTATE Capital Holding S.A.
CORESTATE Capital Holding S.A. (CORESTATE) is an investment manager and co-investor with approximately EUR 25bn 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 42 offices including in Frankfurt, London, Madrid, Singapore and Zurich. The company employs over 730 people and is a member of the Prime Standard of the Frankfurt Stock Exchange (SDAX).Further information is available at www.corestate-capital.com.
 
 
 
This publication represents only non-binding information that does not purport to be complete. Investors are advised to base any investment decision on a thorough review of the entire sales prospectus. The prospectus includes detailed information on the economic, fiscal and legal parameters underlying a given investment, and specifically on its risks. The full-length sales prospectus complete with addenda, where applicable, is available from the issuer and from the provider, each seated at Wolfratshauser Strasse 49, D-82049 Pullach, and can be requested free of charge.
 



21.11.2018 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.

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Language: English
Company: Corestate Capital Holding S.A.
4, Rue Jean Monnet
L-2180 Luxembourg
Luxemburg
Phone: +49 69 3535630-107
Fax: +49 69 3535630-29
E-mail: [email protected]
Internet: www.corestate-capital.com
ISIN: LU1296758029
WKN: A141J3
Indices: SDAX
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Munich, Stuttgart, Tradegate Exchange

 
End of News DGAP News Service

749197  21.11.2018 

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Die wichtigsten Finanzdaten auf einen Blick
  2017 2018 2019 2020 2021 2022 2023e
Umsatzerlöse1 161,71 204,43 250,91 199,60 205,80 0,00 0,00
EBITDA1,2 104,68 174,13 175,03 16,60 24,70 0,00 0,00
EBITDA-Marge3 64,73 85,18 69,76 8,32 12,00 0,00
EBIT1,4 83,82 147,06 143,93 -38,10 -187,90 0,00 0,00
EBIT-Marge5 51,83 71,94 57,36 -19,09 -91,30 0,00 0,00
Jahresüberschuss1 56,36 103,49 108,79 -68,90 -200,10 0,00 0,00
Netto-Marge6 34,85 50,62 43,36 -34,52 -97,23 0,00 0,00
Cashflow1,7 15,39 251,35 78,06 -60,10 31,00 0,00 0,00
Ergebnis je Aktie8 3,24 4,93 5,11 -3,04 -6,29 -17,00 -0,20
Dividende8 2,00 2,50 0,00 0,00 0,00 0,00 1,00
Quelle: boersengefluester.de und Firmenangaben

  Geschäftsbericht 2021 - Kostenfrei herunterladen.  
1 in Mio. Euro; 2 EBITDA = Ergebnis vor Zinsen, Steuern und Abschreibungen; 3 EBITDA in Relation zum Umsatz; 4 EBIT = Ergebnis vor Zinsen und Steuern; 5 EBIT in Relation zum Umsatz; 6 Jahresüberschuss (-fehlbetrag) in Relation zum Umsatz; 7 Cashflow aus der gewöhnlichen Geschäftstätigkeit; 8 in Euro; Quelle: boersengefluester.de

Wirtschaftsprüfer: Ernst & Young

INVESTOR-INFORMATIONEN
©boersengefluester.de
Corestate Capital Holding
WKN Kurs in € Einschätzung Börsenwert in Mio. €
A141J3 0,298 Halten 49,52
KGV 2025e KGV 10Y-Ø BGFL-Ratio Shiller-KGV
14,90 11,37 1,29 -0,34
KBV KCV KUV EV/EBITDA
0,50 1,60 0,24 24,40
Dividende '22 in € Dividende '23e in € Div.-Rendite '23e
in %
Hauptversammlung
0,00 0,00 0,00 14.07.2023
Q1-Zahlen Q2-Zahlen Q3-Zahlen Bilanz-PK
10.05.2022 09.08.2022 08.11.2022 21.04.2022
Abstand 60Tage-Linie Abstand 200Tage-Linie Performance YtD Performance 52 Wochen
-18,11% -31,03% -33,78% -25,41%
    
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Immobilien (Gewerbe) , A141J3 , CCAP , XETR:CCAP