Berlin, 25 June 2020 – ACCENTRO Real Estate AG successfully held its Annual General Meeting yesterday. Due to restrictions related to the Covid-19 pandemic, this year’s Annual General Meeting was held in a virtual format.

The meeting was attended by shareholders representing 88% of the share capital of ACCENTRO Real Estate AG. Shareholders ratified all items on the agenda by a large majority. Lars Schriewer, CEO of ACCENTRO Real Estate AG, expressed his satisfaction: “We would like to thank our shareholders for their great commitment and trust and are pleased that we will be able to further our company’s successful growth together in the future. The EUR 250 million bond we successfully placed in Q1 2020, together with the new authorised capital approved by the Annual General Meeting today, give us the financial flexibility we need to take advantage of attractive growth opportunities as and when they arise”.

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