Publication of insider information under Article 17 of Regulation (EU) No. 596/2014
ERWE Immobilien AG increases its bond to Euro 30 million
- 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 Ex- change).
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: | |
Investor Relations: | |
german communications AG | Hillermann Consulting e. K. |
Jörg Bretschneider | Christian Hillermann |
Milchstr. 6 B | Streit´s Hof, Poststrasse 14-16 |
20148 Hamburg | 20354 Hamburg |
T. +49-40-4688330, F. +49-40-46883340 | T.+49-40-32027910, F. +49-40-320279114 |
presse@german-communications.com | office@hillermann-consulting.de |
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ERWE Immobilien AG published this content on 09 January 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 09 January 2020 16:42:09 UTC