Press Release

Start of Sales for the “360°” Project of 172 Flat in Berlin-Friedrichshain

13.

February 2017

Berlin, 13 February 2017 – ACCENTRO just kicked off the marketing drive for its “360°” housing development comprising 172 flats. The two apartment buildings at Koppenstrasse 81-86 and Lange Strasse 74-79 add up to a total of 145 existing flats. In addition, another 27 modern attic apartments are being created by topping up the buildings.

“In the case of the ‘360°’ project, we are modernising existing flats and adding balconies and lifts to create an attractive residential quarter in a central location. The project highlight is that we topped up these previously five-storey buildings to add aspirational attic floors,” said Jacopo Mingazzini, the CEO of ACCENTRO.

About two thirds of the new attic apartments to be created will be structured as split-level apartments; these will have between two and five bedrooms, and range from 74 to 146 square metres in size. The existing flats have two to 3.5 bedrooms and vary between 55 to 89 square metres. Among the new amenities for the residents will be the installation of lift, which will serve the two new floors along with the lower storeys.

The “360°” project is located in the heart of Friedrichshain-Kreuzberg, one of Berlin’s most popular and diverse boroughs. Although the Ostbahnhof railway station is only a five-minute walk from the “360°” project, the neighbourhood has a strikingly quiet ambience and excellent infrastructure. Starting today, prospective owner-occupiers and buy-to-let investors will have the chance to come to the “360°” project and see for themselves.

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

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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