DGAP-News: Presence in Munich: Peach Property Group exhibiting at EXPO REAL
(firmenpresse) - EquityStory AG-News: Peach Property Group AG / Key word(s): Real
Estate
Presence in Munich: Peach Property Group exhibiting at EXPO REAL
05.10.2012 / 07:02
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Press release
Presence in Munich: Peach Property Group exhibiting at EXPO REAL
- Company presents new and current projects
- Peach Property Group boosts activities in Germany
- New development project in Berlin in the wake of 'Living 106'; further
acquisitions strengthen the investment property portfolio
Zurich/Cologne, 5 October 2012 - Peach Property Group Deutschland - brand
innovator, developer of luxury residential properties and manager of
investment properties - is back this year as an exhibitor at EXPO REAL, the
Munich-based international property fair. Visitors to the fair should come
to Hall A2, Stand 413 to learn more about the company's current luxury
residential development projects, its expanded investment property
portfolio and its new initiatives in the German market.
Peach Property Group Deutschland is keen to communicate the marked
strengthening of its activities. Evidence of these include its increased
funding to expand its investment portfolio, and a new development project
in Berlin: the start has been announced of 'Living 108', a premium-quality
residential project located on Chausseestraße in Berlin-Mitte. Occupying a
newly acquired site at Chausseestraße 108/109 measuring 2660 m2, this
development comprises an ensemble of around 100 high-quality residential
dwellings offering 7500 m²of floor space and an additional commercial
unit. 'Living 108' finds Peach Property Group Deutschland building on the
successful branding of the neighbouring project, 'Living 106'.
The company announced only a few days ago that it has acquired the former
Hoesch headquarters in Dortmund - two historic properties yielding a
lettable area of some 17,500 m2. Following extensive renovation work
designed to safeguard their history and heritage, the properties will offer
combined commercial and residential use. Other acquisitions already
realised for its investment portfolio include properties in
Erkrath-Hochdahl, near Düsseldorf, and in the Lunenburg Heath in Munster.
Peach Property Group Deutschland is also providing information on other
exclusive residential projects currently undergoing preparation in Hamburg
and Berlin.
Bernd Hasse, Managing Director of Peach Property Group Deutschland:
'Following a successful inaugural attendance at EXPO REAL last year, we
look forward to being able to showcase our solid results and promising
prospects in the German market before an informed trade audience. We have
12 successful months behind us and expect to hold interesting discussions
in Munich.'
Peach Property Group Deutschland develops and markets attractive
residential property projects with strong brands in the luxury segment, and
is also establishing a high-yielding portfolio of investment properties.
Contacts
Investors and analysts:
Bernd Hasse, Managing Director of Peach Property Group (Deutschland) GmbH
+49 (0)221 29923 0, investors(at)peachestates.com
Media
Koopmann.kommunikation | Hans Peter Koopmann
+49 (0)171 45 77 889 | post(at)koopmannkommunikation.de
About Peach Property Group (Deutschland) GmbH
Peach Property Group (Deutschland) GmbH, a wholly owned subsidiary of
Swiss-based Peach Property Group AG, isone of the leading developers of
very high quality residential properties in Germany. Its activities
encompass the development of new construction projects in the luxury
segment as well as the renovation of existing properties offering
attractive returns and a significant potential for value appreciation. As a
brand innovator, the company works with strong partners and brands such as
'yoo inspired by Starck', thereby creating unique developments. In
addition, Peach Property Group (Deutschland) GmbH invests in high-yielding
investment properties in order to generate steady cash flows on top of
attractive development returns. For its projects, the company relies on a
long-proven development and marketing platform.
End of Corporate News
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05.10.2012 This press release was distributed by EQS CORPORATE
COMMUNICATIONS.
www.eqs.com - news archive: www.eqs.com/ch/presskit
The issuer is responsible for the contents of the release.
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Language: English
Company: Peach Property Group AG
Seestrasse 346
8038 Zürich
Switzerland
Phone: +41 44 485 50 00
Fax: +41 44 485 50 11
E-mail: investors(at)peachestates.com
Internet: www.peachestates.com
ISIN: CH0118530366
Swiss Security Number: A1C8PJ
Listed: Freiverkehr in Berlin, Stuttgart; Open Market
in Frankfurt; SIX
End of News EquityStory AG News-Service
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187736 05.10.2012
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Datum: 05.10.2012 - 07:02 Uhr
Sprache: Deutsch
News-ID 189920
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