Ad hoc announcement according to article 53 KR

Peach Property Group AG: Repayment of 2015 hybrid bond

Zürich (pta006/13.11.2018/07:00 UTC+1) Peach Property Group, an investor specialising in the management of residential property in Germany, is planning to repay its 2015 hybrid bond as early as possible (Swiss Securities Code: 30571164, ISIN; CH0305711647). Accordingly, the Company is terminating the bond in accordance with Section 4.2 of the bond terms and conditions on 15 December 2018. Termination is associated with the redemption of all units.

The interest rate on the perpetual bond was previously 5.00 percent and would have increased to 3-month LIBOR plus 9.25 percent p.a. from mid-December 2018.

Dr. Thomas Wolfensberger, Peach Property Group's CEO: "By terminating the bond, we are paying back the funds on the first possible date and thereby strengthen our free funds from operations (FFO) as of 2019. Even after the repayment, we have sufficient funds available for the medium-term expansion of the portfolio to 11,000 apartments. This underlines our Group's financial strength."

Media, investors and analysts
Dr. Thomas Wolfensberger, Chief Executive Officer and Dr. Marcel Kucher, Chief Financial Officer
+41 44 485 50 00 |

Media Germany
edicto GmbH, Axel Mühlhaus, Peggy Kropmanns
+49 69 90 55 05 52 |

About Peach Property Group AG
Peach Property Group is a property investor and developer focused on investments in Germany and Switzerland. The Group stands for long time experience, competence and quality. Innovative solutions for modern housing needs, strong partnerships and a wide value chain complete the profile of the Group. The portfolio consists of an increasing number of high yield investment properties, typically in B-cities in close reach to metropolitan areas. In addition, the Group develops properties for its own portfolio or for the sale as condominium. Developments for sale focus on A-locations and encompass attractive architecture and high level furnishing for an international clientele. The business activities of the Group cover the entire value chain, from property acquisition and site selection to active asset management and finally to the sale or lease of properties.

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). Its Board of Directors consists of Reto Garzetti (President), Peter Bodmer, Dr. Christian De Prati and Kurt Hardt.

For more information, see


Emitter: Peach Property Group AG
Neptunstrasse 96
8032 Zürich
Contact Person: Dr. Thomas Wolfensberger and Dr. Marcel Kucher
Phone: +41 44 485 50 00
ISIN(s): CH0118530366 (Share)
Stock Exchange(s): SIX Swiss Exchange; Free Market in Berlin, Frankfurt, Stuttgart