Category 'Press Releases'

Peach Property Group lifts earnings before taxes to CHF 15 million according to preliminary 2016 figures; residential portfolio reaches 3,150 units

01.02.2017

Earnings before taxes up from CHF 3.3 million to around CHF 15 million;
Portfolio reaches 3,150 residential units; annualized target …

Peach Property Group increases profit after tax to CHF 3.6 Mio and significantly increases equity ratio to 45% in first half of 2016

24.08.2016

Profit after tax up 6 percent to CHF 3.6 million; profit before tax of CHF 7.7 million (plus 65 percent)
Equity …

Peach Property Group acquires portfolio in Kaiserslautern – residential portfolio increases by 40% to 3,150 units, annual target rent reaches CHF 16.2 million

22.08.2016

 

Purchase agreement for the acquisition of 901 apartments and 10 commercial units notarised in Kaiserslautern
Lettable space of the investment portfolio …

Peach Property Group and NOVUM Hotel Group conclude 20-year lease agreement: former Hoesch headquarters in Dortmund will be transformed into a 4-star hotel with 210 rooms

12.07.2016

Hotel with 210 rooms planned in historic building
Lease agreement concluded with NOVUM Hotel Group for a 4-star hotel as “NOVUM …

Peach Property Group repays EUR 50 million bond

01.07.2016

Zurich, 1 July 2016 – Peach Property Group, an investor specialising in the management of residential property in Germany, yesterday …