EQS-News

Corestate Capital Holding S.A.: Corestate successfully completes financial restructuring - Seite 2

On an operational level, the extensive restructuring of Corestate that was launched last year and the accompanying rigorous cost-cutting program have so far been implemented as planned. Going forward, the Group’s structure will consist of a holding company and operating subsidiaries. The latter will focus on asset management and will operate largely as independent entities.

 

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About Corestate Capital Holding S.A. (Corestate)

In its core business as an investment manager and co-investor within the Group, Corestate manages assets of approximately €13.2bn (June 2023). Through its independent subsidiaries, the company gives investors the opportunity to invest in major social trends such as urbanization, demographic change and sustainability, all of which will have a crucial and lasting impact on the environment in which we live and work. A consistent focus on sustainably successful asset classes is as central to Corestate’s corporate strategy as flanking the investments it manages with broad ESG expertise. Staffed by roughly 400 experts, the Group provides a comprehensive suite of services and advice to semi-institutional investors and high-net-worth private investors. Corestate is listed on the Frankfurt Stock Exchange with offices in cities such as Luxembourg, Frankfurt, Munich, Zurich, Paris and Madrid. For more information, please visit www.corestate-capital.com.

Forward-looking statements

This press release may contain certain forward-looking statements based on current assumptions and forecasts made by our management. Various known and unknown risks, uncertainties and other factors could cause the actual results, financial situation, development or performance of our company to differ materially from the estimates given here. These factors include those described in the reports published on our website at corestate-capital.com. The Company assumes no obligation to update such forward-looking statements or to align them with future events or developments. Undue importance should not be attached to forward-looking statements that are deemed reasonable at the date of publication.