Press Release

ACCENTRO Enhances its Funding Structure through a 10 Million Euro Bond Buyback

31.

March 2017

Berlin, 31 March 2017 – As a result of the early repayment, the loan-to-value (LTV) ratio improved from 53.2% to 49.1%. On top of that, the average interest of the debt capital dropped by 0.45 percentage points down to 2.65%. A like-for-like analysis shows that the annual interest expense for the group was reduced by 925,000 euros, which is tantamount to 25.6%. “The early termination of the high-interest corporate bond has improved our funding structure in sustainable ways, and enables us to use it as basis for pushing forward with our ongoing expansion,” said Jacopo Mingazzini, the CEO of ACCENTRO Real Estate AG.

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

Press And Public Relations Contact

Karl-Philipp Jann

PB3C GmbH

Rankestrasse 17

10789 Berlin

E-Mail

Telefon

jann@pb3c.com

+49 (0)30 - 72 62 76 1612

Press And Public Relations Contact

Jan Hutterer

Kirchhoff Consult AG

Borselstraße 20

22765 Hamburg

E-Mail

Telefon

E-Mail: accentro@kirchhoff.de

+49 (0)40 – 609 186 65

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