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Accentro Real Estate AG (E7SG.F)

E7SG.F on Frankfurt Stock Exchange

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1 Dec 2016
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Latest Key Developments (Source: Significant Developments)

Accentro Real Estate acquires about 200 residential units in central Berlin
Monday, 26 Sep 2016 02:01am EDT 

Accentro Real Estate AG : Acquires approximately 200 residential units in central Berlin for the privatization portfolio .Purchase price for the portfolio is approximately 27 million euros ($30.29 million).  Full Article

Accentro Real Estate H1 net profit down at 7.4 million
Friday, 12 Aug 2016 02:00am EDT 

Accentro Real Estate AG : H1 revenue 73.6 million euros ($81.98 million) versus 118.0 million euros year ago . H1 net profit of 7.4 million euros versus 20.0 million euros year ago .Significant increase in the forecast for the 2016 financial year; now expects to see a consolidated income close to 20 million euros by the end of the financial year.  Full Article

Accentro Real Estate sells real estate portfolio, raises forecast and plans first dividend
Friday, 5 Aug 2016 09:48am EDT 

Accentro Real Estate AG : Sold property portfolio in Berlin with 419 residential units . Instead of previously planned fy after-tax profit of 10 million euros ($11.05 million), now sees after-tax profit of almost the double of it . Sells real estate portfolio with high profit, raises forecast and plans first dividend .Sale with sales volume of 51 million euros will contribute to a significant increase in earnings in Q3.  Full Article

Accentro Real Estate Q1 revenue up at 24.1 mln euros
Friday, 13 May 2016 02:00am EDT 

Accentro Real Estate AG : Q1 revenue more than doubles to 24.1 million euros ($27.40 million)(Q1-2015: 9.0 million euros) . Q1 EBIT before measurement effects up to 7.5 million euros(Q1-2015: 2.9 million euros) .Positive outlook for financial year 2016 confirmed.  Full Article

Accentro Real Estate Q1 revenues up at EUR 24.1 million
Friday, 6 May 2016 02:00am EDT 

Accentro Real Estate Ag : Positive outlook confirmed for 2016 financial year . Q1 EBIT before valuation effects increased to 7.5 million euros (Q1-2015: 2.9 million euros) . Q1 net profit 2.2 million euros versus 5.0 million euros year ago .Q1 revenues at 24.1 million euros more than doubled (Q1-2015: 9.0 million euros).  Full Article

Accentro Real Estate acquires buildings in Berlin
Friday, 4 Dec 2015 02:00am EST 

Accentro Real Estate AG:Acquires attractive old buildings in Berlin.  Full Article

Accentro Real Estate cancels convertible bond 2012/2017
Thursday, 16 Jul 2015 12:31pm EDT 

Accentro Real Estate AG:Cancels convertible bond 2012/2017.Cancellation due to small pending nominal amount.  Full Article

Accentro Real Estate AG buys 419 residential units in Berlin
Thursday, 4 Jun 2015 12:21pm EDT 

Accentro Real Estate AG:Buys 419 residential units central located in Berlin.Total residential area is 22,186 square metres.  Full Article

Accentro Real Estate (former ESTAVIS AG) achieves high profit from sale of portfolio, gives Q1 2015 earnings outlook
Friday, 3 Apr 2015 12:57pm EDT 

Accentro Real Estate AG:Achieved high profit from sale of Berlin-Hohenschoenhausen portfolio.Profit contribution of around 13.1 million euros is expected to be effective in Q2 2015.Revaluation of Hohenschoenhausen portfolio had significant positive impact on IFRS group earnings in Q1 2015, which are expected to amount to about 5 million euros.  Full Article

ESTAVIS AG sells its whole commercial real estate portfolio
Monday, 22 Dec 2014 02:21pm EST 

ESTAVIS AG:Sells its whole commercial real estate portfolio to two domestic capital companies via share deal.Says selling price is 16.382 million euros and is calculated on basis of IFRS book values.Says these funds should be mainly invested in further buildup of privatization portfolio.  Full Article

BRIEF-Accentro Real Estate Q3 sales triple to 66.9 million euros

* Sales in the third quarter 66.9 million euros ($72.97 million), more than tripled (Q3-2015: 20.4 million euros)