Berlin, 24 May 2018 – SRC Research has started the coverage of ACCENTRO Real Estate AG. According to the initial assessment, the bank-independent analysts house for Financials and Real Estate Stocks, rates the shares with "buy". The target price is set at EUR 13.00 per share. This represents an upside potential of around 27 per cent compared to the share price at the time of publication.
The study can be downloaded here.
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
Accentro Real Estate AG
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Kirchhoff Consult AG
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