• Company presents new and current projects
  • Peach Property Group boosts activities in Germany
  • New development project in Berlin in the wake of „Living 106“; further acquisitions strengthen the investment property portfolio

Zurich/Cologne, 5 October 2012 – Peach Property Group Deutschland – brand innovator, developer of luxury residential properties and manager of investment properties – is back this year as an exhibitor at EXPO REAL, the Munich-based international property fair. Visitors to the fair should come to Hall A2, Stand 413 to learn more about the company’s current luxury residential development projects, its expanded investment property portfolio and its new initiatives in the German market.

Peach Property Group Deutschland is keen to communicate the marked strengthening of its activities. Evidence of these include its increased funding to expand its investment portfolio, and a new development project in Berlin: the start has been announced of „Living 108“, a premium-quality residential project located on Chausseestraße in Berlin-Mitte. Occupying a newly acquired site at Chausseestraße 108/109 measuring 2660 m2, this development comprises an ensemble of around 100 high-quality residential dwellings offering 7500 m² of floor space and an additional commercial unit. „Living 108“ finds Peach Property Group Deutschland building on the successful branding of the neighbouring project, „Living 106“.

The company announced only a few days ago that it has acquired the former Hoesch headquarters in Dortmund – two historic properties yielding a lettable area of some 17,500 m2. Following extensive renovation work designed to safeguard their history and heritage, the properties will offer combined commercial and residential use. Other acquisitions already realised for its investment portfolio include properties in Erkrath-Hochdahl, near Düsseldorf, and in the Lunenburg Heath in Munster.

Peach Property Group Deutschland is also providing information on other exclusive residential projects currently undergoing preparation in Hamburg and Berlin.

Bernd Hasse, Managing Director of Peach Property Group Deutschland: “Following a successful inaugural attendance at EXPO REAL last year, we look forward to being able to showcase our solid results and promising prospects in the German market before an informed trade audience. We have 12 successful months behind us and expect to hold interesting discussions in Munich.”

Peach Property Group Deutschland develops and markets attractive residential property projects with strong brands in the luxury segment, and is also establishing a high-yielding portfolio of investment properties.

Contacts

Investors and analysts:

Bernd Hasse, Managing Director of Peach Property Group (Deutschland) GmbH
+49 (0)221 29923 0, investors@peachproperty.com

Media

Koopmann.kommunikation | Hans Peter Koopmann
+49 (0)171 45 77 889 | post@koopmannkommunikation.de

About Peach Property Group (Deutschland) GmbH

Peach Property Group (Deutschland) GmbH, a wholly owned subsidiary of Swiss-based Peach Property Group AG, is one of the leading developers of very high quality residential properties in Germany. Its activities encompass the development of new construction projects in the luxury segment as well as the renovation of existing properties offering attractive returns and a significant potential for value appreciation. As a brand innovator, the company works with strong partners and brands such as “yoo inspired by Starck”, thereby creating unique developments. In addition, Peach Property Group (Deutschland) GmbH invests in high-yielding investment properties in order to generate steady cash flows on top of attractive development returns. For its projects, the company relies on a long-proven development and marketing platform.

Download Press Release PDF