Acquisition of an additional portfolio in Bochum – number o...

Acquisition of 172 residential units in Bochum in form of share deal > Total residential letting space increases to around 445,300 square meters > Annual target rental income increases by around CHF 1 million to CHF 34 million > Transaction expected to close in 2017 Peach Property Group, an investor specialising in the management of […]

Increase in number of apartments by 13 percent to more than 6,700...

Acquisition of a portfolio with 793 residential units in Hesse and Thuringia to supplement the existing portfolio in the north of Hesse > Number of apartments in this region up to 1,245 > New portfolio has 44.168 m2 of residential space and an occupancy level of roughly 93 percent > Annual target rental income in […]

Acquisition of 1,100 apartments in the greater Bielefeld region...

Peach Property Group increases residential portfolio to nearly 6,000 units by purchasing 1,100 apartments in the greater Bielefeld region > Acquisition of 1,109 apartments mostly in the Bielefeld-Herford region in North Rhine-Westphalia > New portfolio with rental residential space of 72,598 square meters and rental level of around 95 percent; entire rental area increases to […]

Peach Property Group AG: Newly designed Website with additional d...

Zürich (pta/20.10.2017/07:00) – Peach Property Group, an investor focusing on residential property in Germany, has launched the final part of the company’s new corporate design with its newly designed Website. The web site https://www.peachproperty.com presents the key points of the company’s core business: holding residential property, focusing on sustainably growing the properties’ values, innovative real […]

Peach Property Group with full placement of its hybrid convertibl...

Recently topped-up hybrid convertible bond fully subscribed at the end of the subscription period due to strong demand Proceeds to be used for further portfolio expansion and repayment of liabilities Further acquisitions being prepared     Zurich, 2 October 2017 – Peach Property Group, an investor specialising in the management of residential property in Germany, […]

Peach Property Group acquires additional residential portfolio in...

Purchase agreement for 273 residential units in Kaiserslautern and Saarbrücken notarized Lettable residential area in total portfolio increases by 12,544 square meters to 317,513 square meters New portfolio is around 94 percent let with actual rental income of around CHF 1 million (EUR 0.9 million) per year Annual target rental income increases to CHF 25.1 […]

Peach Property Group increases the target volume for its converti...

Significant subscription volumes shortly after beginning of pre-subscription period Option to increase target volume from CHF 25 million to up to CHF 59 million will be used Pre-subscription right for shareholders until 29 September 2017 (noon CET) with bookbuilding for non-subscribed bonds Proceeds to be used to further portfolio increase and repayment of liabilities   […]

Peach Property Group acquires further property portfolio in North...

Acquisition of a pure residential portfolio with 266 units in Bochum and Hamm Target rent of around CHF 1.1 million (EUR 0.95 million) with a vacancy rate of around 5% Existing residential portfolios in the area to deliver management synergies Total residential portfolio increases to around 4,600 apartments, target rent to around CHF 24.1 million […]

According to final figures Peach Property Group’s profits soar...

  Significant expansion of investment portfolio and asset management progress as main profit drivers Rental income up by 61 percent to CHF 6.8 million Market value of investment portfolio totals CHF 332 million, up 48 percent on year-end 2016; total portfolio at market value of CHF 414 million compared to CHF 318 million at end […]

Peach Property Group more than quadruples net profit to CHF 16 mi...

Market value of investment portfolio increases by 48 percent to CHF 332 million as at the end of the first half-year; market value of the total portfolio increases to CHF 414 Mio. Rental income up 61 percent to CHF 6.8 million Positive earnings contribution from the sale of development projects Zurich, 10 August 2017 – […]

Peach Property Group expands real estate portfolio in North Rhine...

Acquisition of 85 fully-let residential units in Mülheim an der Ruhr as a complement to portfolio in North Rhine-Westphalia Direct proximity to portfolio in Oberhausen; joint management increases efficiency Peach Property Group’s portfolio of residential units grows to 4,328 units Annual target rental income of the entire investment portfolio increases to CHF 22.4 million   […]

Peach Property Group secures growth financing

German Sparkasse and Volksbank institutes finance ongoing expansion through a syndicated loan with a volume of up to EUR 60 million In the first stage around EUR 30 million will be provided with an increase option Interest rate for financing 3.25% plus 5-Y-Midswap with a 5-year term Transaction arranged by Kreissparkasse Biberach’s center of competence […]

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

Zurich, 11 May 2017 – The shareholders of Peach Property Group AG, an investor specialising in the management of residential property in Germany, approved all proposals submitted by the Board of Directors with clear majorities at the today’s Annual General Meeting in Zurich. Overall, 30 percent of the Company’s voting capital was represented at the […]

Peach Property Group resolves capital increase; Kreissparkasse Bi...

422,554 new registered shares issued from authorised capital Kreissparkasse Biberach becomes Peach Property Group AG’s second largest shareholder with 7.8% Peach Property Group AG’s free float remains at a high 70% Proceeds will be used to finance acquisitions in residential real estate in Germany First day of trading of new shares – 7 April 2017 […]

Peach Property Group publishes final figures for 2016: Profits so...

Earnings after taxes vastly improved to CHF 10.4 million after CHF 1.2 million in the previous year Rental income up by over 7% to CHF 9.2 million thanks to portfolio expansion and reduction of vacancies, residential property accounts for 85% Equity ratio at market values leaps from 33% to 45% NAV at market values after […]

Peach Property Group acquires 1,114 apartments in North Rhine-Wes...

Purchase agreement for a residential portfolio with approx. 73,000 m2 of residential space in Oberhausen and Duisburg has been certified, rentable residential space increases to more than 283,500 m2 Peach Property Group’s portfolio of residential properties grows by more than one third to around 4,243 units Target rental income of CHF 5.7 million p.a. Attractive […]

Peach Property Group lifts earnings before taxes to CHF 15 millio...

Earnings before taxes up from CHF 3.3 million to around CHF 15 million; Portfolio reaches 3,150 residential units; annualized target rental income increases by 39 percent to CHF 16.3 million; Balance sheet bolstered: equity ratio (IFRS) up to over 40 percent; Operating costs cut once again; Positive outlook for 2016; continued focus on highly profitable […]