Berlin, 16 February 2018 – Berlin-based ACCENTRO Real Estate AG (WKN A0KFKB, ISIN DE000A0KFKB3), a key player in the privatisation of residential property in Germany, has announced that it will call its convertible bond 2014/2019 (WKN A1YC4S, ISIN DE000A1YC4S6), issued in 2014, prior to maturity. The remaining balance of EUR 414,737.50 plus interest accrued will be repaid in full and in accordance with the terms of the bond on 27 March 2018. ACCENTRO made this decision based on the low remaining principal value of the bonds. With a coupon rate of 6.25 per cent, the convertible bond was the company’s most expensive financial instrument. Jacopo Mingazzini, CEO of ACCENTRO Real Estate AG, commented: “The transformation measures already implemented in 2018 and the early termination of the convertible bond, which had a relatively high coupon rate of 6.25 per cent, will allow us to optimise our financial structure and our equity ratio, thus contributing to the positive development of ACCENTRO.” Today, ACCENTRO enjoys financial flexibility that will help the company continue to grow. It announced on 24 January 2018 that a corporate bond in the amount of EUR 100 million had been successfully placed within a few hours. The company is currently reviewing acquisition opportunities in Germany’s metropolitan regions in order to expand its privatisation portfolio.

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