Peach Property Group AG expands portfolio; target rental income t...

Portfolio with 336 apartments in northern Hesse notarised Purchasing yield over 11 percent Target rental income for the Peach Group increased by more than CHF 1.2 million to over CHF 10 million Purchase agreements completed for development properties and building land in Bad Reichenhall, Wollerau and Rorschach Zurich, November 6, 2014 – Peach Property Group […]

Peach Property Group announces notarisation of sales agreement fo...

Zurich, 7 October 2014 – Peach Property Group a leading property investor and developer of high-end residential and commercial real estate, today announced the notarisation of the agreement to sell its major “Am Zirkus 1” project in Berlin to a special property fund of KanAm Grund. Situated in a unique location right on the banks […]

Peach Property Group AG hosts investor and analyst conference...

Press Release Zurich, 23 September 2014 – Peach Property Group AG, a leading property investor and developer of high-end residential and commercial real estate, today hosts an investor and analyst conference in Zurich. At the conference, the company will provide further details on the progress made with investment properties and current development projects that had […]

Peach Property Group AG celebrates topping-out ceremony for resid...

Berlin/Zurich, 4 September 2014 – Peach Property Group AG today celebrated the topping-out ceremony for its residential project Living 108 on Chausseestraße, in Berlin’s Mitte district. Construction is proceeding quickly and according to plan. At the same time, Peach Property Group AG has also been successful in marketing the exclusive, owner-occupied flats, reporting high demand: […]

Peach Property Group AG with significant profit growth in the fir...

Net profit for the period of CHF 4.4 million 17 percent over last year’s half-year result Earnings before taxes rise 12 percent to CHF 5.9 million Operating income up 57 percent to CHF 42.6 million Considerable value increases and higher rental income from investment properties; progress on all development projects Major projects in Berlin and […]

Peach Property Group AG successfully completes first stage of maj...

 Roland Berger Strategy Consultants have moved in as anchor tenant Hotel due to open on 14 August 2014 Other major projects in Berlin and Hamburg are also close to completion Market value of property portfolio at end of June 2014 had risen by more than 10% compared to end of 2013, reaching CHF 595.9 million […]

Peach Property Group AG announces block trade of shares

  Existing and new shareholders acquire shares by way of a block trade Transaction carried out at prevailing market price   Zurich, 20 June 2014 – Peach Property Group AG, a leading property investor and developer of high-quality residential real estate, today announced a change in its shareholder structure. In an institutional transaction, a total […]

Annual General Meeting of Peach Property Group AG approves all pr...

Press Release Zurich, 9 May 2014 – The shareholders of Peach Property Group AG, a leading property investor and developer of high-quality residential real estate in Switzerland and Germany, approved all proposals with clear majorities at today’s General Meeting. A total of 62.99 percent of the issued share capital was represented at the General Meeting […]

Peach Property Group AG: new chairperson and new member proposed...

  Zurich, 4 April 2014 – Peach Property Group AG plans to strengthen its Board of Directors and is proposing to the General Meeting on 9 May 2014 to elect Martin Eberhard (born 1958) as a new and thus the sixth member of the Board. In addition, all current members of the Board of Directors […]

Peach Property Group AG reports increased earnings and income for...

  Operating income rose by 25 percent to just under CHF 62 million in 2013 Earnings before taxes grew CHF 1 million to approximately CHF 2.9 million Acquisition of Gretag AG raises target rental income by 63 percent New record sales volume with property worth CHF 86.3 million authenticated Market value of portfolio up 37 […]

Peach Property Group AG announces profit for 2013

  Zurich, 28 February 2014 – Peach Property Group AG, a leading property investor and developer of high-quality residential real estate in the German-speaking region of Europe, today announced that, contrary to original estimates, it expects to have recorded a profit in the 2013 financial year. Despite one-off extraordinary charges amounting to more than CHF […]

Peach Property Group AG announces preliminary figures for financi...

  Operating income lifted by just under 20 percent to over CHF 56 million Substantial increase in rental income by around 30 percent to around CHF 5.8 million; successful integration of newly acquired Gretag AG Current operating costs down approximately 20 percent (CHF 3 million) despite integration of Primogon AG and Gretag AG Sales volume […]