EQS-Adhoc

Peach Property Group: Issue of 2015/2020 bond cancelled for the time being

EQS Group-Ad-hoc: Peach Property Group AG / Key word(s): Issue of Debt
Peach Property Group: Issue of 2015/2020 bond cancelled for the time
being

05.11.2015 / 18:30
Release of an ad hoc announcement pursuant to Art. 53 KR.
The issuer is solely responsible for the content of this announcement.

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Press release

Peach Property Group: Issue of 2015/2020 bond cancelled for the time being

Zurich/Cologne, 5 November 2015 - Peach Property Group AG, an investor in
residential and commercial real estate, today announced that it has decided
to cancel the issue of the planned 2015/2020 bond of its German subsidiary
Peach Property Group (Deutschland) AG for the time being after having
reviewed the subscription orders received at the end of the subscription
period. Due to the alternative financing options available, a change of the
bond terms - especially as regards its coupon and target volume - is not a
viable alternative. Repayment of the existing 2011/2016 (ISIN DE000A1KQ8K4)
bond, which expires on 30 June 2016, and the expansion of the Group's
investment portfolio can well be financed otherwise as well.

Contacts:

Media, investors and analysts

Dr. Thomas Wolfensberger, Chief Executive Officer and Dr. Marcel Kucher,
Chief Financial Officer
[phone] | [e-mail]


Media Germany

edicto GmbH, Axel Mühlhaus, Peggy Kropmanns
[phone] | [e-mail]

About Peach Property Group (Deutschland) AG

Peach Property Group (Deutschland) AG is a wholly-owned subsidiary of
Swiss-based Peach Property Group AG. The company is a successful holder of
high-yield residential investment properties and selected retail and office
properties in Germany. These are located in medium-sized cities ("B" and
"C" cities), mainly in the vicinity of major urban agglomerations. Going
forward, the company's focus will be on expanding its property portfolio
aimed at increasing value by adding properties in Germany that generate
good yields. As of 30 June 2015, the investment portfolio of Peach Property
Group (Deutschland) AG had a market value of EUR 88 million. In the first
six months of 2015, Peach Property Group (Deutschland) generated earnings
after taxes of approx. EUR 7.4 million, compared with EUR 0.35 million in
the previous year. Equity almost doubled compared with the end of 2014,
reaching EUR 15.5 million as of 30 June 2015.

About Peach Property Group AG

Peach Property Group AG is a property investor and developer focused on
investments in Switzerland and Germany. The portfolio includes an
increasing number of investment properties that are designed to generate
sustained income as well as attractive residential development properties.
The Group's activities cover the entire value chain, from site evaluation
to project planning, implementation and marketing. In the investment
segment, the Group is focused on properties with a potential for achieving
attractive yields based on active asset management - typically secondary
locations in the catchment area of urban agglomerations. In the development
segment, the Group concentrates on exceptional locations and properties
with high-end specifications and amenities that meet the requirements of a
demanding clientele.

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).

For more information, see www.peachproperty.com

End of ad hoc announcement

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Additional features:

Document: http://n.equitystory.com/c/fncls.ssp?u=USADPNIJBB
Document title: Bond Cancellation

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05.11.2015 News transmitted by EQS Schweiz AG. www.eqs.com - news
archive: http://switzerland.eqs.com/de/News

The issuer is responsible for the contents of the release.

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Language: English
Company: Peach Property Group AG
Seestrasse 346
8038 Zürich
Switzerland
Phone: [phone]
Fax: [phone]
E-mail: [e-mail]
Internet: www.peachproperty.com
ISIN: CH0118530366
Valor: A1C8PJ
Listed: Regulated Unofficial Market in Berlin, Stuttgart; Open
Market in Frankfurt ; SIX


End of News EQS Group News Service
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409613 05.11.2015