VERIANOS examines issue of new corporate bond

• Private placement to professional and semi-professional investors is being reviewed
• Proceeds from the issue would primarily be used to co-invest in real estate funds currently in the fundraising process
• Conversion of legal form into a "European Company" (Societas Europaea, SE) supports Europe-oriented approach

Cologne/Frankfurt am Main, 13 January 2020 - VERIANOS Real Estate Aktiengesellschaft ("VERIANOS"), a listed real estate company (ISIN: DE000A0Z2Y48, WKN: A0Z2Y4) operating at the interface between the real estate and capital markets, is considering to issue another corporate bond. It is examined to privately place a bond to the target groups of professional and semi-professional investors. Based on its existing solid financial structure, VERIANOS considers to invest the proceeds from the bond issue in the sustainable, long-term development of the company and, especially, to co-invest in the VERIANOS European Real Estate Opportunities Fund and the VERIANOS Real Estate Mezzanine Fund, which are currently in the fundraising process.

VERIANOS Management Board member Tobias Bodamer says: "Fundraising for the two new funds initiated by us is in the finishing straight, commitments from anchor investors have been obtained. Issuing a bond for the planned co-investments in these vehicles would be a logical consequence." On the one hand, the funds invest directly in properties with value creation potential in Europe, initially with a focus on Germany and Spain (VERIANOS European Real Estate Opportunities Fund). On the other hand, the funds raised are to be used to grant mezzanine loans with a volume of between EUR 2.0 and 8.0 million per investment (VERIANOS Real Estate Mezzanine Fund). "The mezzanine fund shall also stabilise our cash flow. We target an internal rate of return in the double-digit range for both funds and, with regard to our investment strategies, we are well positioned both sectorally and geographically. In the small and mid-cap investment segment which VERIANOS focuses on, we see attractive investment opportunities even in the current market environment," says Tobias Bodamer.

The examined issue would be the third corporate bond of VERIANOS Real Estate Aktiengesellschaft. The company's current 6.5% bearer bond (ISIN: DE000A2G8VP3) with a volume of up to EUR 6.0 million and a term of five years was placed in 2018. The first bond of VERIANOS (ISIN: DE000A2BPU08) was repaid as scheduled last year.

In addition, the Management Board expects that BaFin's completed approval for VERIANOS Capital Partners GmbH to operate as a capital management company in accordance with the German Capital Investment Act will result in a significantly higher transaction volume with existing and new investment products and, consequently, in rising results. To support its Europe-oriented business approach, the company is also currently in the process of converting its legal form from a German stock corporation (AG) into a Societas Europaea (SE) to be able to act as a legal entity throughout the EU, which will also have a much more operational management structure thanks to a monistic governance model.

About VERIANOS

VERIANOS is a listed real estate company with headquarters in Cologne and offices in Frankfurt, Luxembourg, Madrid, Milan and Valencia. The company sees itself as a real estate partnership that acts for its customers at the interface of real estate and capital markets. With its business units Investment and Advisory, VERIANOS realises customised investment products and ambitious advisory and financing mandates for its clients.

Further information on VERIANOS Real Estate Aktiengesellschaft is available on www.verianos.com.

This publication constitutes neither an offer to sell nor a solicitation to buy any securities.
 

Contact:
VERIANOS Real Estate Aktiengesellschaft
Investor Relations
+49 69 69 768 88 100
Mail: [email protected]
 

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