Peach Property Group places hybrid bond with a volume of around C...

Good demand from institutional and private investors Trading on the SIX Swiss Exchange to commence on 16 December 2015 Proceeds to be used for refinancing and further expansion Zurich, 11 December 2015 – Peach Property Group AG, an investor in the residential and commercial real estate sectors, today announced that it achieved an issue volume […]

Peach Property Group AG: Key progress in planning for the Gretag...

Town council resolves partial revision of the construction and zoning regulations and approves private design plan for the “Gretag site” Construction of 650 rental apartments expected from 2017 Further step in reinforcing strategy of growing value-add residential investment portfolio Zurich, 9 December 2015 – Peach Property Group AG, one of the leading investors in the […]

Peach Property Group AG increases target volume of its hybrid bon...

Subscription commitments in excess of the original target volume of CHF 25 million have already been received Company is thus using the option to increase the volume Subscription still possible through to 11 December 2015 (early closure possible) Proceeds to be used for refinancing and to further expand the Group’s investment portfolio Zurich, 2 December […]

Peach Property Group AG resolves to issue a hybrid bond

Subscription period from 1 December to 11 December 2015 Volume of CHF 25 million with possibility to increase to a total of CHF 50 million Fixed coupon: 5.00% p.a. through December 2018 Proceeds to be used to refinance the group and further expand the portfolio of investment properties in Germany Zurich, 1 December 2015 – The […]

Peach Property Group: Issue of 2015/2020 bond cancelled for the t...

Zurich/Cologne, 5 November 2015 – Peach Property Group AG, an investor in residential and commercial real estate, today announced that it has decided to cancel the issue of the planned 2015/2020 bond of its German subsidiary Peach Property Group (Deutschland) AG for the time being after having reviewed the subscription orders received at the end […]

Peach Property Group: Subscription period for corporate bond star...

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION (IN WHOLE OR IN PART) IN OR INTO THE UNITED STATES, AUSTRALIA, CANADA OR JAPAN OR ANY OTHER JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OF SUCH JURISDICTION. Public offering from today, 3 November, 9:00 am until 2:00 pm on 5 November 2015 (subject […]

Peach Property Group considers issuing a corporate bond before ye...

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION (IN WHOLE OR IN PART) IN OR INTO THE UNITED STATES, AUSTRALIA, CANADA OR JAPAN OR ANY OTHER JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OF SUCH JURISDICTION. Bond to be issued by German Peach subsidiary Listing in Entry Standard segment planned Funds […]

Peach Property Group examines financing options and hires Bankhau...

NOT FOR DISTRIBUTION IN THE UNITED STATES, CANADA, JAPAN AND AUSTRALIA Zurich/ Cologne, 20 October 2015 – Peach Property Group today announced that in view of the company’s positive business performance it is examining options to refinance the existing corporate bond (ISIN DE000A1KQ8K4) as well as to generate additional funds for a further expansion of […]

Peach Property Group extends lease with EDEKA in Erkrath by more...

Lease agreement with Edeka Group extended until the end of 2031 EDEKA increases rented space to total of 6,700 m² of commercial space from Peach in Erkrath near Düsseldorf Full occupancy through general rental agreement with EDEKA  Zurich, 5 October 2015 – Peach Property Group AG, a specialist investor in high-potential residential and commercial properties, […]

Peach Property Group reports profitable growth for the first half...

Investment properties account for 61% of portfolio Equity ratio (market value) rises to 27.3% Rental income increased by 9% to CHF 4.2 million Portfolio market value up 11% to CHF 204 million Implementation of cost-cutting programme in the amount of CHF 2,5 million completed CHF 3.4 million in profit after tax despite negative currency effects; profit […]

Peach Property Group AG: Annual General Meeting approves all prop...

  Zurich, 8 May 2015 – The shareholders of Peach Property Group AG, a leading investor in residential and commercial real estate, approved all proposals submitted by the Board of Directors with clear majorities at today’s Annual General Meeting. Overall, 56 percent of the company’s voting capital was represented at the meeting. Among the resolutions […]

Peach Property Group announces agenda for the General Meeting to...

Zurich, 9 April 2015 – Peach Property Group AG, a leading investor in residential and commercial real estate, today announced the agenda for its Annual General Meeting to be held on 8 May 2015 at 2pm in the Park Hyatt Hotel in Zurich. One of the proposals the Board of Directors will submit to the […]

Peach Property Group AG with changes to the executive management...

Zurich, 01 April 2015 – Peach Property Group AG, a leading investor in residential and commercial real estate, today announced changes to its executive management team. This comes after the recently reported downsizing of its Board of Directors in a move to further adjust its management team to the Company’s new positioning in the market. […]

Peach Property Group to acquire two portfolios with 636 apartment...

Expansion of the standardised, value-enhancing investment property portfolio in line with the business strategy Number of apartments owned by Peach Property Group to increase by 72% to over 1,500 Target rent to rise by around CHF 2.25 million or 20 percent to approx. CHF 12 million Reduction of the currently high vacancy rate through active asset […]

Peach Property Group changes Board of Directors and announces det...

Reduction of Board of Directors to three members New President of Board of Directors nominated Programme to cut costs by CHF 2.5 million annually CEO forgoes part of fixed salary Zurich, 20 March 2015 – Peach Property Group, a leading investor in residential and commercial real estate, today announced changes on its Board of Directors. […]

Peach Property Group publishes 2014 financial statements

Rental income up by 34 percent to CHF 7.7 million Market value of investment properties up 32 percent to CHF 183 million Reduction of financing liabilities by CHF 77 million Consolidated net loss of CHF 10.4 million due to extraordinary charges from major projects The projects affected have mostly been completed; the majority of the […]

Peach Property Group AG: Sale of major “Am Zirkus 1” project...

Project sale to KanAm Grund Group special property fund executed Cash return of CHF 13 million is slightly above the expected range Full occupancy of the property achieved Continued implementation of the strategy with a stronger focus on investment properties  Zurich, 19 February 2015 – Peach Property Group, a leading investor in residential and commercial […]

Peach Property Group AG: Extraordinary factors due to nearly comp...

Net loss of around CHF 13 million based on preliminary figures Rental income from investment properties increases by more than 30 percent Market value of investment properties up 30 percent Equity ratio target remains at 40 percent Zurich, 30 January 2015 – Peach Property Group AG, a leading investor in residential and commercial real estate, […]