EQS-Adhoc

Peach Property Group acquires further residential properties in Lower Saxony and increases residential portfolio to 2,250 units - Seite 2

Dr Thomas Wolfensberger, CEO of Peach Property Group AG, said: "This latest
acquisition increases our residential portfolio to more than 2,250 units.
With this acquisition we have shown that we are able to purchase property
at very favourable terms even in the current market situation. We managed
to reduce the vacancy rate in our Munster portfolio substantially over the
past few years and created attractive living space in the mid-price
segment. This is an approach we will also pursue with our newly acquired
residential portfolio. In addition, we will benefit from the joint
management of these properties and the residential complexes situated
nearby."

Contact:

Media, investors and analysts

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

German media

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

About Peach Property Group AG

Peach Property Group is a property investor and developer focused on
investments in Germany and Switzerland. The Group stands for long time
experience, competence and quality. Innovative solutions for modern housing
needs, strong partnerships and a wide value chain complete the profile of
the Group. The portfolio consists of an increasing number of high yield
investment properties, typically in B-cities in close reach to metropolitan
areas. In addition, the Group develops properties for its own portfolio or
for the sale as condominium. Developments for sale focus on A-locations and
encompass attractive architecture and high level furnishing for an
international clientele. The business activities of the Group cover the
entire value chain, from property acquisition and site selection to active
asset management and finally to the sale or lease of properties.

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.eqs.com/c/fncls.ssp?u=KVXEXKRLXA
Document title: Press Release

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04.04.2016 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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450799 04.04.2016