EQS-Adhoc

Peach Property Group AG: Annual General Meeting approves all proposals

EQS Group-Ad-hoc: Peach Property Group AG / Key word(s): AGM/EGM
Peach Property Group AG: Annual General Meeting approves all proposals

21.04.2016 / 19:00
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 AG: Annual General Meeting approves all proposals


Zurich, 21 April 2016 - The shareholders of Peach Property Group AG, an
investor specialising in the management of residential property in German,
approved all proposals submitted by the Board of Directors with clear
majorities at the today's Annual General Meeting. Overall, 48 percent of
the company's voting capital was represented at the meeting.

Among others, the real estate and financial expert Reto A. Garzetti (56)
was re-elected as President of the Board of Directors for the duration of
one year. Also the other two members of the Board nominated for
re-election, Peter E. Bodmer and Dr. Christian De Prati, were re-elected
for one-year terms of office.

The shareholders also approved a resolution not to pay a dividend for the
financial year 2015 in order to focus the Group on further growth in its
core business. In this respect, a total of 800 apartments were already
acquired in three portfolio transactions earlier this year.

More detailed information on the resolutions adopted by the Annual General
Meeting of Peach Property Group AG is available on the Company's website at
www.peachproperty.com

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 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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Document: http://n.eqs.com/c/fncls.ssp?u=UYPOTWTMUF
Document title: Press Release

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21.04.2016 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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