Zürich (pta006/17.03.2021/07:00) -
=> FTSE EPRA Nareit Global Real Estate Index Series tracks around global 500 listed real estate companies owning properties worth about EUR 3 trillion on a global basis
=> Inclusion in the index as direct consequence of Peach Property Group's growth strategy and portfolio quality; company will report selected EPRA key figures for the first time on March 30, 2021
=> Index Inclusion to further increase awareness among international investors and increase global demand for the stock
Peach Property Group AG, an investor that specializes in portfolio management in Germany with a focus on residential real estate, will be included in the FTSE EPRA Nareit Global Real Estate Index Series effective March 22, 2021. This was decided by the Index Committee as part of its quarterly review.
The FTSE EPRA Nareit Global Real Estate Index is an international index series issued by the European Public Real Estate Association (EPRA) together with the London Stock Exchange/FTSE and the National Association of Real Estate Investment Trusts (NAREIT). It tracks the performance of listed real estate companies in developed and emerging markets worldwide and currently includes around 500 real estate stocks owing properties with a market value of about EUR 3 trillion. The criteria for being added to the index include a company's real estate focus, its free float as well as its market liquidity.
"We are excited to be included in this dominant index for real estate companies," says Dr. Thomas Wolfensberger, CEO of Peach Property Group AG. "This is an important step for us, we believe that it will have a strong and lasting effect on global investor awareness and liquidity in our stock. It rewards the dynamic growth achieved in recent years and complements the quality of our portfolio. We are proud to present selected EPRA key figures for the first time in our 2020 annual results on March 30, 2021."
Media, investors and analysts
Dr. Thomas Wolfensberger, Chief Executive Officer
+41 44 485 50 00 | firstname.lastname@example.org
edicto GmbH, Axel Mühlhaus,
+49 69 90 55 05 52 | email@example.com
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, Kurt Hardt and Klaus Schmitz.
More information at http://peachproperty.com(end)
|emitter:||Peach Property Group AG|
|contact person:||Dr. Thomas Wolfensberger and Dr. Marcel Kucher|
|phone:||+41 44 485 50 00|
|stock exchanges:||SIX Swiss Exchange; open market (free market) in Frankfurt, free market in Stuttgart; open market in Berlin|