Corporate news ACCENTRO acquires stake in Hamburg portfolio and continues nationwide expansion - Minority interest in residential portfolio with 321 units in prime locations in Hamburg - Privatisation of 193 units planned via ACCENTRO's distribution platform Berlin, 9 March 2018 - ACCENTRO Real Estate AG, (WKN: A0KFKB, ISIN: DE000A0KFKB3), Berlin, a leader in residential privatisation in Germany, has entered into a joint venture to acquire a 321 unit residential portfolio in prime Hamburg locations. In course of the joint venture ACCENTRO will privatise 193 units of the portfolio. In this way, ACCENTRO significantly strengthens its position in one of the most attractive German residential property markets. Expansion of presence in an attractive real estate market Privatisation inventory in top locations in Hamburg ACCENTRO already has a consulting office in Hamburg. As part of the joint venture investment, the sales team is to be further strengthened and the company's presence in the Hanseatic city is to be expanded. In addition to its head office in its home market of Berlin, the residential privatiser has a network of consulting offices in Hamburg, Hanover, Leipzig and Cologne. With a privatisation portfolio of around 3,000 residential units, the company is the market leader in residential privatisation in Germany. About ACCENTRO Real Estate AG Press contact End of Media Release Issuer: Accentro Real Estate AG Key word(s): Real estate
09.03.2018 Dissemination of a Press Release, transmitted by DGAP - a service of EQS Group AG. |
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: | info@accentro.ag |
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 Media |
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