01.11.2013 – 18:03

Peach Property Group AG

DGAP-Adhoc: Peach Property Group AG : COO Bruno Birrer leaves executive management

Peach Property Group AG   / Key word(s): Change of Personnel

01.11.2013 18:00

Release of an ad hoc announcement pursuant to Art. 53 KR
---------------------------------------------------------------------------

Press release

Peach Property Group AG: COO Bruno Birrer leaves executive management

Zurich, 1 November 2013 - Peach Property Group AG, a leading property
investor and developer of high-quality residential real estate in the
German-speaking region of Europe, today announced a reduction in the number
of executive management members. Bruno Birrer, who has been with the Peach
Group since 2006 and has held the position of Chief Operating Officer in
recent years, will leave the company by mutual agreement and on completely
amicable terms at the end of January 2014.

Going forward, the executive management will comprise the following
members:

- Dr. Thomas Wolfensberger, Chief Executive Officer
- Renzo Fagetti, Managing Director Switzerland
- Bernd Hasse, Managing Director Germany
- Mirco Riondato, Chief Investment Officer
- Dr. Marcel Kucher, Chief Financial Officer
- Dr. Andreas Steinbauer, Head of Sales and Marketing

Thomas Wolfensberger, CEO of Peach Property Group AG, states: 'I would like
to extend sincere thanks to Bruno Birrer. He has made valuable
contributions to building the company and has been a role model in every
aspect and a highly esteemed colleague. I wish him all the best for his
professional and private future.'

Contacts
Media, investors and analysts
Dr. Thomas Wolfensberger, Chief Executive Officer and
Dr. Marcel Kucher, Chief Financial Officer
+41 (0) 44 485 50 00 |  investors@peachproperty.com

Media Germany:
edicto GmbH, Axel Mühlhaus
+49 (0) 69 90 55 05 52 |  amuehlhaus@edicto.de

About Peach Property Group
Peach Property Group AG one of the leading developers in the field of
top-quality residential property in the German-speaking region of Europe.
Its activities cover the entire prime property development value chain,
from site evaluation to project planning, implementation and marketing.
Peach Property Group focuses on city and holiday residences in exceptional
locations and featuring highest-quality fittings for a discerning
clientele. The company's integrated corporate strategy encompasses not only
the development of exclusive residential properties, but also the
management of investment properties for the purpose of generating
consistent annual revenues.

Peach Property Group AG is headquartered in Zurich and also has a branch
office in Cologne. The company's shares are listed on SIX Swiss Exchange
(PEAN, ISIN CH0118530366).

Visit www.peachproperty.com for more information.



+++++
Additional features:
Document: http://n.equitystory.com/c/fncls.ssp?u=NQTBBDCMAH

Document title: Peach COO


01.11.2013 News transmitted by EQS Schweiz AG.
The issuer is responsible for the contents of the release.

EquityStory publishes regulatory releases, media releases on the capital
market and press releases.
The EquityStory Group distributes authentic and real-time financial news
for over 1'300 listed companies.
The Swiss news archive can be found at www.equitystory.ch/news

---------------------------------------------------------------------------

Language:               English
Company:                Peach Property Group AG
                        Seestrasse 346
                        8038 Zürich
                        Switzerland
Phone:                  +41 44 485 50 00
Fax:                    +41 44 485 50 11
E-mail:                  investors@peachproperty.com
Internet:            www.peachproperty.com
ISIN:                   CH0118530366
Valor:                  A1C8PJ
Listed:                 Freiverkehr in Berlin, Stuttgart; Frankfurt in Open
                        Market ; SIX

End of Announcement                             EQS Group News-Service

---------------------------------------------------------------------------