EQS-Adhoc

Peach Property Group AG with changes in the executive management team - Seite 2

expiry of their contracts. Given Peach Property Group AG's focus on
investment properties, neither position will be filled again. As announced
previously, the Company will instead create the new position of Chief
Operating Officer / Head of Asset Management Germany.

Thomas Wolfensberger, CEO of Peach Property Group AG, comments:
"After completing our major development programmes, we have now made
fundamental changes to the Peach Group, thereby reducing operating costs
significantly while strengthening the Company's asset management expertise.
The combination of lower operating costs and higher recurring income
generated, for instance, by the recently announced increase in our number
of rental units to over 1,500, is intended to support the Company's
sustainable development and successful growth. I would like to thank all
leaving colleagues for their engaged work over the past years and wish them
only the best for their future. "

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 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=XFYCWECDOG
Document title: Press release

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01.04.2015 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


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