Frankfurt (pta004/30.12.2020/08:32) - ...ERWE Immobilien AG advances to the Prime Standard
* Admission by Deutsche Börse AG
* Compliance with international transparency requirements
* Access to untapped groups of investors
Frankfurt/M., 30. December 2020. ERWE Immobilien AG (WKN: A1X3WX, ISIN: DE000A1X3WX6), Frankfurt/M., will be admitted to the Prime Standard segment of the Frankfurt Stock Exchange. Accordingly, Deutsche Börse AG has today issued its approval. Inclusion in this segment puts ERWE Immobilien AG, which focuses on developing and building a highly profitable commercial real estate portfolio mostly in A-locations of German B-cities, into a position to increasingly turn to international investor groups. This is because this publicly regulated market segment, organized by private law, is subject to the highest transparency standards, thus membership is a requirement for inclusion in the DAX, MDAX, TecDAX and SDAX indices.
"We are consistently pursuing our strategy for growth and see strong demand to participate in the required restructuring of German inner cities by developing and realizing intelligent concepts for buildings," says ERWE-board member Christian Hillermann. "In this context we are increasingly addressing international investors." Until now ERWE has been listed on the General Standard segment of the Regulated Market.
ERWE Immobilien AG focuses on developing a highly profitable commercial real estate portfolio. Its preferred sites involve promising downtown locations in German cities and exclusively prime locations in smaller towns and municipalities. ERWE acquires properties whose potential value growth can be sustainably exploited by introducing new utilisation concepts. This way, the company aims to build a highly profitable and valuable portfolio with substantial revenue growth. ERWE Immobilien AG is listed on the Prime Standard in Frankfurt and in open trading on the stock exchanges in Frankfurt am Main (XETRA), Berlin, Düsseldorf and Stuttgart (ISIN: DE000A1X3WX6).
Contacts for enquiries:
german communications AG
Milchstr. 6 B
T. +49-40-4688330, F. +49-40-46883340
ERWE Immobilien AG
T.+49-69-96 376 869-25, F.+49-69-96 376 869-30
|emitter:||ERWE Immobilien AG|
|contact person:||Christian Hillermann|
|phone:||+49 69 96376869 23|
|stock exchanges:||regulated market in Frankfurt; free market in Dusseldorf, free market in Stuttgart; open market in Berlin|