CONSUS Real Estate AG

  • WKN: A2DA41
  • ISIN: DE000A2DA414
  • Land: Deutschland

Nachricht vom 15.07.2019 | 09:03

CONSUS Real Estate AG: CONSUS successfully closes the Leipzig 416 transaction and takes important step in deleveraging programme

DGAP-News: CONSUS Real Estate AG / Key word(s): Real Estate/Financing

15.07.2019 / 09:03
The issuer is solely responsible for the content of this announcement.

The Leipzig 416 project transaction has successfully completed, securing the future development of this key development quarter in Leipzig. Starting in 2016, CG Gruppe AG acquired properties which were previously used by the railway network around Delitzscher Straße in Leipzig and started the development planning of this area with the vision to create a completely new mixed-use quarter in this area of the city. CONSUS Real Estate AG ("CONSUS"), through its subsidiary CG Gruppe, will continue to be involved in the development process working closely with the Austrian real estate development company, which acquired the project.

The sales price for the project will be paid in stages, with the largest portion now paid, and the remaining amount to be paid on achieving certain milestones in 2019 and 2020. The proceeds from the first payment will reduce net debt significantly, of which the majority is high-cost mezzanine and junior debt. The terms of the transaction are confidential.

Andreas Steyer, CEO of CONSUS Real Estate AG, comments: "The successful closing of this transaction demonstrates the strength of our portfolio, and confirms our strategy of focussing on large quarters in the Top 9 cities. The opportunity to realise value and repay expensive debt enabled us to take an important step in our deleveraging programme. CONSUS remains committed to a strategy of developing properties through to completion, focussed on larger projects in the Top 9 cities."

About CONSUS Real Estate AG
CONSUS Real Estate AG ("CONSUS"), with headquarters in Berlin, is a leading German real estate developer with a total development volume of EUR 9.6 billion as of 31 March, 2019. The focus of the company's business activities is on residential real estate in the nine economically strongest metropolitan areas in Germany. CONSUS focuses on the development of neighbourhoods and standardised multi-storey residential buildings. By means of forward sales to institutional investors, the digitalisation of construction processes and industrial series production, the company operates along the entire value chain of real estate development. The implementation of projects, from design to execution to handover, property management and related services, is carried out by CONSUS through its CG and SSN divisions. The shares of CONSUS Real Estate AG are listed in the Scale Segment of Deutsche Börse and the m:access Segment of the Munich Stock Exchange and are traded on XETRA in Frankfurt, among others.

Corporate Communications
Anette von Zitzewitz
phone +49 171 2432736

15.07.2019 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at

show this

Interview im Fokus

HanseYachts: „Der ideale Zeitpunkt für den Kauf“

Die Übernahme des Katamaran-Herstellers Privilège bringt die HanseYachts AG dem Umsatzziel von 200 Mio. Euro einen bedeutenden Schritt näher. „Der Katamaran-Markt ist das derzeit am stärksten wachsende Segment im Yacht-Geschäft. Privilège ist weltweit in Preis und Qualität die Nummer eins“, so CEO Dr. Jens Gerhardt. Zudem sei der Deal ein wichtiger Faktor, um die EBITDA-Marge auf 10 bis 12 % zu steigern. Im spricht der Konzernlenker über die aktuellsten Trends im Yacht-Geschäft, die laufende Barkapitalerhöhung sowie die Weltpremieren in Cannes.


Fonds Research 2019: S.E.A. Asian High Yield Bond bietet attraktive Investitionschance

Auch 2019 hat die GBC AG unter der Vielzahl an Publikumsfonds neun „Fonds Champions“ herausgefiltert. Darunter auch den S.E.A. Asian High Yield Bond (ISIN: LU1138637738), der eine gute Anlagechance anbietet mit einer Strategie, die kaum reproduzierbar ist. Insbesondere vor dem Hintergrund des anhaltenden Niedrigzinsniveaus sehen wir den Anleihefonds als äußerst attraktive Investitionschance, um nachhaltige und volatilitätsarme Renditen zu erzielen. Wir haben den S.E.A. Asian High Yield Bond mit 4 von 5 Falken eingestuft.

Aktueller Webcast

SeaChange Corporation

Second Quarter 2020 Earnings Conference Call

29. August 2019

Aktuelle Research-Studie

ad pepper media International N.V.

Original-Research: ad pepper media International N.V. (von First Berlin Equity Research GmbH): Buy

23. August 2019