17.05.2021 Accentro Real Estate AG  DE000A0KFKB3

DGAP-News: ACCENTRO Increases Condominium Sales by 98%


DGAP-News: Accentro Real Estate AG / Key word(s): Real Estate
ACCENTRO Increases Condominium Sales by 98%

17.05.2021 / 09:30
The issuer is solely responsible for the content of this announcement.

ACCENTRO Increases Condominium Sales by 98%

- 135 units sold for 51.4 million euros during Q1

- March 2021 is the most successful month for individual sales in the company's history

- Pipeline for individual sales well filled with half a billion euros in selling value


Berlin, 17 May 2021 - ACCENTRO Real Estate AG, a residential real estate investor and Germany's leading housing privatisation company, just concluded a successful first quarter for its housing privatisation business. During the first three months of the year, 135 residential units were retailed to tenants, owner-occupiers and buy-to-let investors. The sales added up to 51.4 million euros, thereof 32.3 million euros in March alone. This makes March 2021 the most successful month for individual sales in the annals of ACCENTRO. Overall, the first quarter of 2020 was clearly exceeded. During last year's reference period, 95 units had been sold for 26.0 million euros.

In addition, ACCENTRO's existing pipeline for individual sales is well filled and comprises properties in a prospective selling value of approximately half a billion euros. These have already been lawfully partitioned into condominiums and are therefore exempt from the recently enacted Development Land Release Act that applies to residential real estate in "strained housing markets." The pipeline assets will form the basis for ACCENTRO's continued successful business development in the years to come.

"Our success in the housing privatisation business reflects the faith that condominium buyers have in ACCENTRO. But it also showcases our sales strength and the quality of our products," said Lars Schriewer, CEO of ACCENTRO Real Estate AG. "The keen interest shown by retail condominium buyers despite the coronavirus crisis is simultaneously a signal to politics to keep subsidising homeownership. The demand for condominiums is as strong as it's ever been," Schriewer adds.

"ACCENTRO is superbly positioned on the market. We are developing into a broad-based residential property investor who is building up a proprietary nationwide portfolio parallel to the privatisation business," Schriewer added. Just recently, ACCENTRO managed to fully place a 100-million-euro bond. Sole investor was a major pension fund.

About ACCENTRO Real Estate AG

ACCENTRO Real Estate AG is a residential property investor and Germany's market leader in housing privatisations. Its real estate portfolio consisted of around 5,200 units as of 31 December 2020. In addition to Berlin, regional focal points include East German cities and conurbations, as well as the Rhine-Ruhr metro region and Bavaria. The business activity of ACCENTRO comprises four core divisions. These are the tenant-sensitive retailing of condominiums to owner-occupiers and private buy-to-let investors, the sale of real estate portfolios to institutional investors, the set-up and management of a proprietary real estate portfolio, and third-party condominium marketing for property asset holders, investors and developers. The shares of ACCENTRO Real Estate AG are listed on the Prime Standard segment of the Frankfurt Stock Exchange (German securities code number WKN: A0KFKB, ISIN: DE000A0KFKB3). www.accentro.ag

Investor Relations Contact:

Thomas Eisenlohr
Kantstrasse 44/45
D-10625 Berlin
E-mail: [email protected]
Tel. +49 (0)30 - 88 71 81 272

Press and Public Relations Contact:

Christian Dose
WMP EuroCom AG
Barckhaus Strasse 1
D-60325 Frankfurt
E-mail: [email protected]
Tel. +49 (0)69 2475689491
Mobile: +49 173 6679900


17.05.2021 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de

Language: English
Company: Accentro Real Estate AG
Kantstr. 44/45
10625 Berlin
Phone: +49 (0)30 - 887 181 - 0
Fax: +49 (0)30 - 887 181 - 11
E-mail: [email protected]
Internet: www.accentro.ag
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich, Stuttgart, Tradegate Exchange
EQS News ID: 1196941

End of News DGAP News Service

1196941  17.05.2021 


Die wichtigsten Finanzdaten auf einen Blick
  2016 2017 2018 2019 2020 2021 2022e
Umsatzerlöse1 125,11 159,30 205,61 143,27 125,18 192,75 163,00
EBITDA1,2 34,05 36,53 33,21 40,54 35,63 46,60 23,00
EBITDA-Marge3 27,22 22,93 16,15 28,30 28,46 24,18 14,11
EBIT1,4 33,94 36,42 32,86 39,80 34,77 45,16 8,80
EBIT-Marge5 27,13 22,86 15,98 27,78 27,78 23,43 5,40
Jahresüberschuss1 26,47 20,12 18,30 26,30 18,06 13,13 -11,60
Netto-Marge6 21,16 12,63 8,90 18,36 14,43 6,81 -7,12
Cashflow1,7 21,72 -25,20 -48,43 -75,67 -32,66 99,55 0,00
Ergebnis je Aktie8 0,90 0,81 0,56 0,81 0,51 0,37 -0,36
Dividende8 0,15 0,17 0,16 0,00 0,00 0,04 0,00
Quelle: boersengefluester.de und Firmenangaben

  Geschäftsbericht 2021 - Kostenfrei herunterladen.  
1 in Mio. Euro; 2 EBITDA = Ergebnis vor Zinsen, Steuern und Abschreibungen; 3 EBITDA in Relation zum Umsatz; 4 EBIT = Ergebnis vor Zinsen und Steuern; 5 EBIT in Relation zum Umsatz; 6 Jahresüberschuss (-fehlbetrag) in Relation zum Umsatz; 7 Cashflow aus der gewöhnlichen Geschäftstätigkeit; 8 in Euro; Quelle: boersengefluester.de

Wirtschaftsprüfer: Ebner Stolz

Accentro Real Estate
WKN Kurs in € Einschätzung Börsenwert in Mio. €
A0KFKB 2,320 Halten 75,26
KGV 2023e KGV 10Y-Ø BGFL-Ratio Shiller-KGV
0,00 11,61 0,00 4,37
0,31 0,76 0,39 12,02
Dividende '22 in € Dividende '23e in € Div.-Rendite '23e
in %
0,00 0,00 0,00 31.08.2022
Q1-Zahlen Q2-Zahlen Q3-Zahlen Bilanz-PK
31.05.2023 31.08.2023 30.11.2022 28.04.2023
Abstand 60Tage-Linie Abstand 200Tage-Linie Performance YtD Performance 52 Wochen
-5,96% -39,66% -64,85% -66,38%
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Immobilien (Wohn) , A0KFKB , A4Y , XETR:A4Y