Public disclosure of inside information according to article 17 MAR
ERWE Immobilien AG: ERWE Immobilien AG increases its bond to Euro 30 million
Frankfurt
(pta020/09.01.2020/14:25 UTC+1)
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* Full placement expected shortly
Frankfurt am Main, 9 January 2020. The Management Board of ERWE Immobilien AG (ISIN: DE000A1X3WX6), Frankfurt am Main, today decided with the approval of the Supervisory Board to raise the volume of its 7.5 percent 2019/2023 corporate bond (ISIN DE000A255D05) by Euro 17.5 million to Euro 30 million. Given increased demand, the Management Board expects the bond to be fully placed in the near future. The corporate bond is traded in the Open Market at Deutsche Börse AG (open trading on the Frankfurt Stock Exchange).
The Management Board
ERWE Immobilien AG focuses on developing a highly profitable commercial real estate portfolio. Its preferred sites involve promising downtown locations in German cities and exclusively prime locations in smaller towns and municipalities. ERWE acquires properties whose potential value growth can be sustainably exploited by introducing new utilisation concepts. This way, the company aims to build a highly profitable and valuable portfolio with substantial revenue growth. ERWE Immobilien AG is listed in the Regulated Market (General Standard) in Frankfurt and in open trading on the stock exchanges in Frankfurt am Main (XETRA), Berlin, Düsseldorf and Stuttgart (ISIN: DE000A1X3WX6).
Contact for enquiries:
german communications AG
Jörg Bretschneider
Milchstr. 6 B
20148 Hamburg
T. +49-40-4688330, F. +49-40-46883340
presse@german-communications.com
Investor Relations:
Hillermann Consulting e. K.
Christian Hillermann
Streit´s Hof, Poststraße 14-16
20354 Hamburg
T.+49-40-32027910, F. +49-40-320279114
office@hillermann-consulting.de
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Emitter: |
ERWE Immobilien AG Herriotstraße 1 60528 Frankfurt Germany |
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Contact Person: | Christian Hillermann | |
Phone: | +49 40 320 279-10 | |
E-Mail: | office@Hillermann-Consulting.de | |
Website: | www.erwe-ag.com | |
ISIN(s): | DE000A1X3WX6 (Share) | |
Stock Exchange(s): | Regulated Market in Frankfurt; Free Market in Berlin, Dusseldorf, Stuttgart |