16.01.2017
Corestate Capital Holding S.A. LU1296758029
DGAP-News: Corestate Capital Holding S.A.: CORESTATE publishes forecast for 2017
DGAP-News: Corestate Capital Holding S.A. / Key word(s): Forecast
Corestate Capital Holding S.A.: CORESTATE publishes forecast for 2017
16.01.2017 / 08:47
The issuer is solely responsible for the content of this announcement.
---------------------------------------------------------------------------
CORESTATE publishes forecast for 2017
CORESTATE Capital Holding S.A. ("CORESTATE"), a fully integrated real
estate investment management company and co-investor based in Luxembourg,
has issued its forecast for fiscal year 2017. The Management Board expects
Aggregate Revenues of between EUR 75 million and EUR 80 million for fiscal
year 2017, as well as Net Income of between EUR 30 million and EUR 32
million. CORESTATE is thus continuing its profitable growth.
The forecast does not yet take into account the business results of the
Hannover Leasing Group, in which CORESTATE has acquired a share of 94.9%
and will be consolidated in the consolidated financial statements of
CORESTATE as of the completion of the transaction. Completion of the
transaction is still subject to the conclusion of owner control procedures
by BaFin, which is expected to occur in the first half of 2017.
IR contact
Henryk Deter / Mirko Koch
T: +49 0611 20585540
[email protected]
PR contact
Tom Zeller
T: +49 69 264867715
M: +49 176 10430063
[email protected]
CORESTATE Capital Holding S.A.
CORESTATE Capital Holding S.A. is a fully integrated real estate investment
manager and co-investor seated in Luxembourg that also has offices inter
alia in Frankfurt, Zurich, Madrid, Munich and Singapore. The companies that
belong to the CORESTATE Group have generated a transaction volume of
approximately EUR 27bn* so far. CORESTATE accompanies its customers along
the entire value creation chain of a real estate investment product and
covers, in particular, deal sourcing and the development of investment
products, structuring and execution of transactions, real estate investment
management services and the development and execution of exit strategies.
Since October 2016 the group is listed on the Frankfurt Stock Exchange via
the Entry Standard.
*The key figures of the Hannover Leasing Group have been taken into
account; the completion of the transaction is still subject to the
conclusion of ownership control procedures by BaFin, which is expected to
occur in the first half of 2017.
Forward-Looking Statements
This release may contain forward-looking statements based on current
assumptions and forecasts made by our management. Various known and unknown
risks, uncertainties and other factors could lead to material differences
between the actual future results, financial situation, development or
performance of our company and the estimates given here. These factors
include those discussed in our public reports, which are available on our
website at [ir.corestate-capital.com]. The company assumes no liability
whatsoever to update these forward-looking statements or to conform them to
future events or developments. Readers are cautioned not to place undue
reliance on these forward-looking statements, which speak only as of the
date hereof.
---------------------------------------------------------------------------
16.01.2017 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
---------------------------------------------------------------------------
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 in Frankfurt (Entry Standard)
End of News DGAP News Service
---------------------------------------------------------------------------
536507 16.01.2017
|
Weitere Ad-hoc und Unternehmensrelevante Mitteilungen zu
Corestate Capital Holding S.A. ISIN: LU1296758029 können Sie bei EQS abrufen
Immobilien (Gewerbe) , A141J3 , CCAP , XETR:CCAP