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Peach Property Group AG
Ansprechpartner: Dr. Thomas Wolfensberger and Dr. Marcel Kucher
Tel.: +41 44 485 50 00
E-Mail: investors@peachproperty.com

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pta20201016007
Announcement according to SIX adhoc publication article 53 KR

Peach Property Group AG: Corporate bond with a volume of EUR 300 million fully placed


Zürich (pta007/16.10.2020/07:00) - > High demand and target volume successfully achieved
> Term of five years, coupon of 4.375 percent p.a.
> Proceeds to be used to finance the announced portfolio purchases in Germany
> Continuation of the dynamic growth course

The Peach Property Group, an investor specialising in portfolio management in Germany, with a focus on residential real estate, has successfully placed an unsecured corporate bond with a volume of EUR 300 million with institutional investors in Europe and the United States. The bond was oversubscribed, and the target volume of EUR 300 million was successfully achieved. The bond, which was issued at an issue price of 100 percent, has a term of five years. The interest rate is 4.375 percent p.a.

The proceeds from the bond will be used for our further growth in Germany, in particular for the already announced purchases of 10 290 apartments in Germany. As a result, the residential portfolio of Peach Property AG increases to 23 000 apartments until the end of 2020 with a market value of approximately CHF 2 billion.

Dr. Thomas Wolfensberger, CEO of the Peach Property Group: "We are pleased with the high interest of investors in our corporate bond, which is a clear signal of confidence in our business model. Similar to our recently placed CHF 230 million mandatory convertible bond, subscriptions also exceeded our actual target volume for the bond. The additional financial resources provide the necessary means for our dynamic growth course in the German residential properties market. With the recent acquisitions, we have reached a relevant size in that market, and with Ares Management Corporation as an additional anchor shareholder, we have a strong partner at our side."

Contacts:

Media, Investors and Analysts
Dr. Thomas Wolfensberger, Chief Executive Officer and Dr. Marcel Kucher, Chief Financial Officer
+41 44 485 50 00 | investors@peachproperty.com

Media Germany
edicto GmbH, Axel Mühlhaus
+49 69 90 55 05 52 | amuehlhaus@edicto.de

About Peach Property Group AG

Peach Property Group is a property investor and developer focused on investments in Germany. 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 (Chairman), Peter Bodmer, Dr. Christian De Prati, Kurt Hardt and Klaus Schmitz.

For more information, see http://peachproperty.com

This announcement does not contain or constitute an offer of, or the solicitation of an offer to buy or subscribe for, securities to any person in Australia, Canada, South Africa, Japan, or the United States of America (the "United States") or in any jurisdiction to whom or in which such offer or solicitation is unlawful. The securities referred to herein have not been and will not be registered under U.S. Securities Act of 1933, as amended (the "Securities Act") and may not be offered or sold in the United States or to, or for the account or benefit of, U.S. persons, absent such registration, except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the Securities Act.

This announcement is directed at and/or for distribution in the United Kingdom only to (i) persons who have professional experience in matters relating to investments falling within article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (the "Order") or (ii) high net worth entities falling within article 49(2)(a) to (d) of the Order (all such persons are referred to herein as "relevant persons). This announcement is directed only at relevant persons. Any person who is not a relevant person should not act or rely on this announcement or any of its contents. Any investment or investment activity to which this announcement relates is available only to relevant persons and will be engaged in only with relevant persons.

The bonds are not intended to be offered, sold or otherwise made available to and should not be offered, sold or otherwise made available to any retail investor in the European Economic Area ("EEA"). For these purposes, a "Retail Investor" means a person who is one (or more) of: (i) a retail client as defined in point (11) of Article 4(1) of MIFID II; (ii) a customer within the meaning of Directive (EU) 2016/97, where that customer would not qualify as a professional client as defined in point (10) of article 4(1) of MIFID II; or (iii) not a Qualified Investor as defined in Regulation (EU) 2017/1129 (the "Prospectus Regulation"). Consequently, no key information document required by Regulation (EU) No 1286/2014 (the "PRIIPs Regulation") for offering or selling the bonds or otherwise making them available to retail investors in the EEA has been prepared and therefore offering or selling the bonds or otherwise making them available to any retail investor in the EEA may be unlawful under the PRIIPs Regulation.

This announcement contains forward-looking statements, which do not represent facts and are characterized by the words "expect", "believe", "estimate", "intend", "aim", "assume" or similar expressions. Such statements express the intentions, opinions or current expectations and assumptions of the Peach Property group and are based on current plans, estimates and forecasts which the Peach Property group has made to the best of its knowledge, but which do not claim to be correct in the future. Forward-looking statements are subject to risks and uncertainties that are difficult to predict and usually cannot be influenced by the Peach Property group. Actual events or developments may differ materially from those contained in or expressed by such forward-looking statements.

(end)
emitter: Peach Property Group AG
Neptunstrasse 96
8032 Zürich
Switzerland
contact person: Dr. Thomas Wolfensberger and Dr. Marcel Kucher
phone: +41 44 485 50 00
e-mail: investors@peachproperty.com
website: www.peachproperty.com
stock exchanges: listed in SIX Swiss Exchange; open market (free market) in Frankfurt, free market in Stuttgart; open market in Berlin
ISIN(s): CH0118530366 (share)
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