Berlin, 20 September 2019 – Today, ACCENTRO Real Estate AG (WKN: A0KFKB, ISIN: DE000A0KFKB3), based in Berlin, signed the sale and purchase agreement for the acquisition of a residential portfolio with new-build development potential in Upper Bavaria for a purchase price of more than 50 million euros. For the majority of properties, the transfer of benefits and burdens will take place before 31 December 2019, following the payment of the purchase price in full.   – The Management Board –

About ACCENTRO Real Estate AG

ACCENTRO Real Estate AG is a residential property investor and Germany’s market leader in housing privatisations. Its real estate portfolio consisted of around 5,200 units as of 31 December 2020. In addition to Berlin, regional focal points include East German cities and conurbations, as well as the Rhine-Ruhr metro region and Bavaria. The business activity of ACCENTRO comprises four core divisions. These are the tenant-sensitive retailing of condominiums to owner-occupiers and private buy-to-let investors, the sale of real estate portfolios to institutional investors, the set-up and management of a proprietary real estate portfolio, and third-party condominium marketing for property asset holders, investors and developers. The shares of ACCENTRO Real Estate AG are listed on the Prime Standard segment of the Frankfurt Stock Exchange (German securities code number WKN: A0KFKB, ISIN: DE000A0KFKB3). investors.accentro.de

20-Sep-2019 / 14:22 CET/CEST / Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014