DGAP-Adhoc: Peach Property Group AG hosts investor and analyst conference
Peach Property Group AG / Key word(s): Conference
23.09.2014 07:02
Release of an ad hoc announcement pursuant to Art. 53 KR
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Press release
Peach Property Group AG hosts investor and analyst conference
Zurich, 23 September 2014 - Peach Property Group AG, a leading property
investor and developer of high-end residential and commercial real estate,
today hosts an investor and analyst conference in Zurich. At the
conference, the company will provide further details on the progress made
with investment properties and current development projects that had been
reported earlier. In addition, Peach Property Group AG will describe the
company's increased focus on its investment property portfolio and provide
an outlook:
The share of investment properties in the overall portfolio is scheduled to
grow to around 50 percent by the end of 2014. Furthermore, Peach Property
Group AG anticipates significant payback from its major projects in Berlin
and Hamburg during the remainder of 2014. Together with the handover of
apartments under these two projects, this should enable the company to once
again reach the target equity ratio at market values of around 40 percent
by the end of 2014.
The investor and analyst conference will start at 10:00 am. The
presentation for this event is available at the following link:
http://investoren.peachproperty.com/websites/peachproperty/English/5400/pr
esentations.html
Contacts:
Media, investors and analysts
Dr. Thomas Wolfensberger, Chief Executive Officer and Dr. Marcel Kucher,
Chief Financial Officer
+41 44 485 50 00 | investors@peachproperty.com
Media Germany
edicto GmbH, Axel Mühlhaus, Peggy Kropmanns
+49 (0) 69 90 55 05 52 | amuehlhaus@edicto.de
About Peach Property Group AG
Peach Property Group AG is a property investor and developer focused on
investments in Switzerland and Germany. The portfolio includes an
increasing number of investment properties that are designed to generate
sustained income as well as attractive residential development properties.
The Group's activities cover the entire value chain, from site evaluation
to project planning, implementation and marketing. In the investment
segment, the Group is focused on properties with a potential for achieving
attractive yields based on active asset management - typically secondary
locations in the catchment area of urban agglomerations. In the development
segment, the Group concentrates on exceptional locations and properties
with high-end specifications and amenities that meet the requirements of a
demanding clientele.
Peach Property Group AG is headquartered in Zurich and has its German Group
headquarters in Cologne. Peach Property Group AG is listed on the SIX Swiss
Exchange (PEAN, ISIN CH0118530366).
For more information, see www.peachproperty.com
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Additional features:
Document: http://n.equitystory.com/c/fncls.ssp?u=SMBSTLGLVX
Document title: Press Release
23.09.2014 News transmitted by EQS Schweiz AG.
The issuer is responsible for the contents of the release.
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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
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