Acquisition of 4,800 residential units in Germany; portfolio grow...

> Increase in the portfolio to more than 23,000 units > Strengthening of existing locations through the acquisition of apartments in Lower Saxony, North Rhine-Westphalia and Rhineland-Palatinate with significant synergy potential > Rental income increases by 26 percent to CHF 110m target rent or CHF 97m actual rent, respectively > Significant appreciation potential: vacancy rate […]

Higher rental income, reduced vacancies and a further margin impr...

* Rise in rental income by 42 percent to CHF 27.4m; on a like-for-like basis a 5.4 percent increase resulted * Strong improvement of the operating margin through economies of scale after a successful integration of the 2019 acquisitions; increase in FFO I per share by 20 percent to CHF 0.50 * Decrease in vacancy […]

Acquisition of 5,450 apartments – value of investment portf...

=> Purchase agreement for portfolio of 5,450 apartments in Germany signed; transaction expected to close at the end of 2020 => Strategic acquisition will yield substantial increase in NAV per share expected by end of 2020 and position the company for higher FFO generation and a sustainable future dividend => Portfolio with residential vacancies of […]

Annual General Meeting approves all proposals with a vast majorit...

The shareholders of Peach Property Group AG, an investor specialising in holding German investment properties focusing on residential real estate today accepted all of the agenda items at today’s general meeting in Zurich with a clear majority. A total of around 40 percent of the share capital respectively 72 percent of the registered voting rights […]

New record-breaking profit in 2019 – well equipped for the...

-> Earnings after taxes soar to CHF 91.0 million (previous year: CHF 45.3 million) -> Actual rental income up significantly to CHF 38.9 million (previous year: CHF 29.6 million); Vacancies fall by 26 percent to 9.3 percent (previous year: 12.5 percent) -> Net asset value (NAV) per share increases substantially to CHF 45.11 (previous year: […]

Strong growth and record-breaking CHF 109 million earnings before...

* Peach Property Group nearly doubles 2019 earnings before taxes to around CHF 109 million * Market value of the real estate portfolio as of 31.12.2019 increases by more than 50 percent to CHF 1.1 billion * Actual rental income amount to around CHF 39 million – an increase of 31 percent versus prior year […]