Ad hoc announcement according to article 53 KR

Peach Property Group AG: EUR 250 million corporate bond fully placed

Zürich (pta011/12.11.2019/07:00 UTC+1) -> Placement with institutional investors in Europe and the USA
-> Term of 3 1/4 years, coupon of 3.5 percent p.a.
-> Bond receives Ba3 rating from Moody's as well as BB- from Standard & Poor's and Fitch
-> Funds to finance the previously announced portfolio acquisition in Germany and for further growth

Peach Property Group, an investor specialising in the management of residential property in Germany, has successfully placed its corporate bond with a volume of EUR 250 million with institutional investors in Europe and the USA. The bond, which was placed at an issue price of 99.238 percent, has a term of 3 1/4 years through February 15, 2023 and bears a coupon of 3.5 percent p.a. It was rated Ba3 by Moody's as well as BB- by Standard & Poor's and Fitch.

The listing of the corporate bond is planned, and an application has been filed for listing on TISE - The International Stock Exchange - on the Official List. The proceeds from the bond will be used to finance the further growth in Germany - in particular the previously announced acquisition of a real estate portfolio comprising 3,650 apartments. This acquisition will increase Peach Property's residential portfolio by around 40 percent to more than 12,450 apartments with a market value of just over CHF 1.1 billion by the end of 2019.

Dr. Thomas Wolfensberger, Peach Property Group's CEO, commented: "We are very pleased with the strong interest from investors in our corporate bond and the trust they placed in our company. This marks a further milestone in the implementation of our growth strategy, for which we have now created additional financial scope."


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 (0)69 90 55 05 52 |

About Peach Property Group AG:

The Peach Property Group is a real estate investor and developer with an investment focus in Germany. The group stands for many years of experience, competence and quality. Innovative solutions for state-of-the-art living needs, strong partnerships and a broad value chain round off the profile. The portfolio consists of high-yield portfolio properties, typically in B-cities in the catchment area of conurbations. In addition, the Group develops real estate for its own portfolio or for condominium marketing. In the latter area, the Group concentrates on A locations and properties with attractive architecture and upscale furnishings for an international clientele. Its activities span the entire value chain from evaluating locations through to acquisitions and also active asset management and property sales or lettings.

Peach Property Group AG has its registered office in Zurich and the Group is headquartered in Cologne. Peach Property Group AG is listed on SIX Swiss Exchange (PEAN, ISIN CH0118530366). Its Board of Directors consists of Reto Garzetti (President), Peter Bodmer, Dr. Christian De Prati and Kurt Hardt.

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This announcement does not constitute an offer or a solicitation of an offer to purchase for securities in the United States of America, Australia, Canada, Japan or any other jurisdiction in which an offer is restricted by law. The securities referred to in this publication have not and will not be registered under the provisions of the U.S. Securities Act of 1933 in its current applicable version ("U.S. Securities Act) and may not be sold or offered for sale in the United States of America for the account of or to US persons without prior registration under the U.S. Securities Act, except in a transaction that is not subject to, or exempt from, the provisions of the Securities Act.

This announcement is directed at or for distribution in the United Kingdom only to (i) persons who have professional experience in matters relating to investments within the meaning of Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 ("Order") or (ii) high net worth entities falling within Article 49(2)(a) to (d) of the Order (all such persons being referred to as "relevant persons"). This notice is addressed only to relevant persons. Other persons should not act or rely on this announcement or any of its contents.

The bonds are not intended to be offered, sold or otherwise made available to retail investors in the European Economic Area ('EEA') and should not be offered, sold or otherwise made available to retail investors in the EEA. For the purposes of this provision, the term "retail investor" means a person who meets one (or more) of the following criteria: (i) he is a retail investor within the meaning of Article 4(1) No. 11 of MiFID II; (ii) he is a client within the meaning of Directive (EU) 2016/97 unless such client is a professional client within the meaning of Article 4(1) No. 10 of MiFID II; or (iii) he is not a qualified investor within the meaning of Regulation (EU) 2017/1129 ("EU Prospectus Regulation"). Accordingly, no basic information sheet required under Regulation (EU) No 1286/2014 (the "PRIIPS Regulation") has been produced for the offer or sale or other provision of bonds to retail investors in the EEA; therefore, the offer or sale or other provision of bonds to retail investors in the EEA may be unlawful under the PRIIPS Regulation.

This document contains forward-looking statements, which are not statements of fact and are identified by the words "expect", "believe", "estimate", "intend", "aim", "assume" and similar expressions. These statements reflect the intentions, beliefs or current expectations and assumptions of the Peach Property Group and are based on current plans, estimates and projections made by the Peach Property Group to the best of its knowledge, but are not guarantees of future performance. Forward-looking statements are subject to risks and uncertainties that are difficult to predict and are usually beyond the control of the Peach Property Group. Actual events or developments may differ materially from those discussed or implied by such forward-looking statements.


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