Eyemaxx Real Estate AG

  • WKN: A0V9L9
  • ISIN: DE000A0V9L94
  • Land: Deutschland

Nachricht vom 30.04.2019 | 10:16

Eyemaxx Real Estate AG : Eyemaxx starts new real estate project in Schönefeld near Berlin

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

30.04.2019 / 10:16
The issuer is solely responsible for the content of this announcement.


CORPORATE NEWS

Eyemaxx starts new real estate project in Schönefeld near Berlin

- Construction of 90 residential units with ca. 5,600 square metres of lettable space and ca. 4,600 square metres of office space planned

- Purchase contract for plot of around 9,000 square metres in Schönefeld signed

- Building permit already available; completion scheduled for 2022


Aschaffenburg, 30 April 2019 - EYEMAXX Real Estate AG (General Standard; ISIN: DE000A0V9L94; "Eyemaxx") starts a new residential and office property project in Schönefeld near Berlin. The purchase contract for a ca. 9,000 square metre large plot, on which the project is to be implemented, has now been notarised. It is planned to build two multi-storey buildings with a total of around 90 residential units with a lettable space of ca. 5,600 square metres as well as office spaces of ca. 4,600 square metres. Furthermore, around 200 car parking spaces are to be built. The volume of the project amounts to ca. EUR 40 million.

The building permit is already available; the completion will probably be in early 2022. The location of the new project is in downtown Schönefeld, in Alfred-Döblin-Allee, close to the Berlin Schönefeld Airport as well as the suburban and regional trains and the ICE train station at the airport. Schönefeld is also connected to the motorways A113 and A10.

Dr. Michael Müller, CEO of EYEMAXX Real Estate AG: "We are very pleased that we now start already the third real estate project in Schönefeld. This underpins our very good project access in this promising growth region. Already now quite a number of companies have established themselves in Schönefeld, and the region records a high increase in the number of inhabitants. The demand for modern residential and office spaces is accordingly high".

About EYEMAXX Real Estate AG

EYEMAXX Real Estate AG is a real estate company with a long-standing successful track record, focussing on residential properties in Germany and Austria. In addition, EYEMAXX also realises commercial properties in central Europe. In the company's recent past its corporate strategy has also included hotels and serviced apartments as well as developing urban districts in Germany.

EYEMAXX' business activities take a dual-pronged approach. These include high-margin projects and also the continued expansion of its stocks of let commercial properties, which generate ongoing rental income and thus constant cash flows. In so doing, EYEMAXX uses the expertise offered by its experienced management team together with a strong team of real estate professionals, and also a well-established and broad network which opens up additional access to attractive properties and projects. As a result, the current project pipeline has been grown to total around one billion euros.

Shares of EYEMAXX Real Estate AG are listed in the General Standard of Frankfurt Stock Exchange and in the direct market plus on Vienna Stock Exchange. The company has also issued several bonds, which are also listed on the stock exchange.

You can find more information at www.eyemaxx.com

Contact

Investor Relations/Financial Press
Axel Mühlhaus, Peggy Kropmanns
edicto GmbH
Tel.: +49 69 905505-52
E-mail: eyemaxx@edicto.de



30.04.2019 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.

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