Gateway Real Estate generated EBIT adjusted of EUR 28.4 million in H1 2020 - Seite 2

The company is very well positioned, and the Group's pipeline is very strong due to project purchases made in the last fiscal year. The outbreak of the covid-19 pandemic led to radical changes in social and business life. The current situation of the economy and the society is dominated by large uncertainties and the pandemic's long-term consequences are still not foreseeable. Unchanged, Gateway observes the current development very closely, analyses the circumstances, risks and opportunities within the framework of the implemented risk management system and manages its decisions based on the results. Accordingly, a qualified forecast for 2020 will be issued once this is reasonably possible.

About Gateway Real Estate

Gateway Real Estate AG is a leading listed developer of commercial and residential real estate in Germany (WKN: A0JJTG / ISIN: DE000A0JJJTG7). The company has a broadly diversified portfolio, excellent market access and a well-filled project pipeline. In this way, the company achieves sustainable and profitable growth. The Group is currently developing real estate with an estimated gross development volume (GDV) of around EUR 5 billion.

Further information: https://gateway-re.de/en/

Contact
Sven Annutsch
The Squaire No. 15, Am Flughafen
60549 Frankfurt am Main
T [phone]
F [phone]
E-Mail: [e-mail]

End of Media Release

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Issuer: Gateway Real Estate AG
Key word(s): Real estate

15.09.2020 Dissemination of a Press Release, transmitted by DGAP - a service of EQS Group AG.
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Language:	English
Company:	Gateway Real Estate AG
	THE SQUAIRE - Zugang N°15,Am Flughafen 1
	60549 Frankfurt/Main
	Germany
Phone:	[phone]
Fax:	[phone] - 99
E-mail:	[e-mail]
Internet:	www.gateway-re.de
ISIN:	DE000A0JJTG7
WKN:	A0JJTG
Listed:	Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Munich, Stuttgart
EQS News ID:	1131349