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United States

Accentro Real Estate AG (E7SG.F)

E7SG.F on Frankfurt Stock Exchange

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23 Sep 2016
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BRIEF-Accentro Real Estate acquires about 200 residential units in central Berlin

* Acquires approximately 200 residential units in central Berlin for the privatization portfolio

BRIEF-Accentro Real Estate H1 net profit down at 7.4 million

* H1 revenue 73.6 million euros ($81.98 million) versus 118.0 million euros year ago

BRIEF-Accentro Real Estate sells real estate portfolio, raises forecast and plans first dividend

* Sold property portfolio in Berlin with 419 residential units

BRIEF-Accentro Real Estate Q1 revenue up at 24.1 mln euros

* Q1 revenue more than doubles to 24.1 million euros ($27.40 million)(Q1-2015: 9.0 million euros)

BRIEF-Accentro Real Estate Q1 revenues up at EUR 24.1 million

* Q1 EBIT before valuation effects increased to 7.5 million euros (Q1-2015: 2.9 million euros)

BRIEF-Accentro Real Estate FY 2015 revenues up at EUR 157 mln

* FY 2015 revenues of 157.0 million euros ($44.72 million) vs 66.1 million euros year ago

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