Press Releases from Peach Property Group AG (11 total)
Peach Property Group resolves capital increase
Kreissparkasse Biberach becomes new anchor investor with 7.8% shares
- 422,554 new registered shares issued from authorised capital
- Kreissparkasse Biberach becomes Peach Property Group AG's second largest shareholder with 7.8%
- Peach Property Group AG's free float remains at a high 70%
- Proceeds will be used to finance acquisitions in residential real estate in Germany
- First day of trading of new shares - 7 April 2017
Zurich, 4 April 2017 -…
Peach Property Group tops up hybrid bond
• Private placement of CHF 12.5 Mio. with international investors
• Issue volume increases to a total of CHF 37.5 million
• Proceeds to be used for expanding the investment portfolio
Zurich, 7. April 2016 – Peach Property Group, an investor specialising in the management of residential property in Germany, today announced that is has topped up its hybrid bond issued in December 2015 by an additional CHF 12.5 million by way of a private…
Peach Property Group acquires further residential properties in Lower Saxony and …
• Acquisition of 287 apartments and 3 commercial units
• Living space of 19,700 square metres
• Gross initial yield over 10 percent
• Attractive upside potential due to 50% vacancy rate to be realised through sustainable revitalisation measures
• Joint management with existing portfolio provides efficiency gains
Zurich, 4 April 2016 – Peach Property Group, an investor specialising in the management of residential property in Germany, today announced the notarisation of an agreement to acquire 287 apartments and 3…
Peach Property Group sells Gretag property in Regensdorf near Zurich
- Purchase agreement with Turidomus Anlagestiftung notarised
- Transaction expected to be completed by the end of March 2016
- Net-Cash inflow of nearly CHF 70 million or CHF 14 per share
- Solid balance sheet - further strengthening of equity ratio
Zurich, 4 March 2016 - Peach Property Group AG, a leading investor in real estate, today announced the sale of its Gretag property in Regensdorf, Switzerland, along with the planned construction project…
Peach Property Group announces agenda for the General Meeting to be held on 8 Ma …
Zurich, 9 April 2015 – Peach Property Group AG, a leading investor in residential and commercial real estate, today announced the agenda for its Annual General Meeting to be held on 8 May 2015 at 2pm in the Park Hyatt Hotel in Zurich. One of the proposals the Board of Directors will submit to the General Meeting is to create authorised capital of CHF 2 million. This proposal is intended…
Peach Property Group to acquire two portfolios with 636 apartments in North Rhin …
• Expansion of the standardised, value-enhancing investment property portfolio in line with the business strategy
• Number of apartments owned by Peach Property Group to increase by 72% to over 1,500
• Target rent to rise by around CHF 2.25 million or 20 percent to approx. CHF 12 million
• Reduction of the currently high vacancy rate through active asset management and progressive updating of all apartments planned over the next 24 months
• Renovation of the first 110…
Peach Property Group AG successfully completes first stage of major “Am Zirkus …
• Roland Berger Strategy Consultants have moved in as anchor tenant
• Hotel due to open on 14 August 2014
• Other major projects in Berlin and Hamburg are also close to completion
• Market value of property portfolio at end of June 2014 had risen by more than 10% compared to end of 2013, reaching CHF 595.9 million
Zürich, 31 July 2014 – Peach Property Group AG, a leading property investor and developer of high-end residential…
Peach Property Group AG reports increased earnings and income for 2013 according …
• Operating income rose by 25 percent to just under CHF 62 million in 2013
• Earnings before taxes grew CHF 1 million to approximately CHF 2.9 million
• Acquisition of Gretag AG raises target rental income by 63 percent
• New record sales volume with property worth CHF 86.3 million authenticated
• Market value of portfolio up 37 percent to CHF 541 million
Zurich, 13 March 2014 – Peach Property Group AG, a leading…
Peach Property Group AG announces profit for 2013
Zurich, 28 February 2014 – Peach Property Group AG, a leading property investor and developer of high-quality residential real estate in the German-speaking region of Europe, today announced that, contrary to original estimates, it expects to have recorded a profit in the 2013 financial year. Despite one-off extraordinary charges amounting to more than CHF 13 million, earnings before taxes will be just under CHF 2.9 million, which is more than…
Peach Property Group win once again at the 'International Property Awards Europe …
- Highest awards again for achievements in project development and marketing in Germany and Switzerland.
- 'yoo wollerau', 'yoo berlin' and the 'Peninsula Beach House' on Lake Zurich receive a total of seven awards as outstanding projects.
- 'International Property Awards' are among the most prestigious awards in the real estate sector.
Zurich, 10 October 2013 - Peach Property Group AG, a leading developer of exclusive residential properties in the German-speaking countries in…
Peach Property Group AG celebrates topping out of its residential project at Har …
- Important project from an architectural and urban development perspective progressing to plan in Hamburg
- 57 exclusive apartments on the banks of the Outer Alster
- First construction tranche almost sold out; around 60% of second tranche notarised or reserved
- Completion in late summer 2013; conclusion of sales also envisaged in 2013
- Volume of sales expected to be in the region of CHF 103 million (EUR 85 million) with a…
