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2017‑07‑05

Corestate Capital Holding S.A.: Closing of the acquisition of HFS Helvetic Financial Services AG ...

Corestate Capital Holding S.A.: Closing of the acquisition of HFS Helvetic Financial Services AG

07/05/2017

DGAP-Ad-hoc: Corestate Capital Holding S.A.: Closing of the acquisition of HFS Helvetic Financial Services AG

Corestate Capital Holding S.A. / Key word(s): Takeover/Mergers & Acquisitions

05-Jul-2017 / 15:48 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.



CORESTATE Capital Holding S.A.: Closing of the acquisition of HFS Helvetic Financial Services AG

Luxembourg, 5 July 2017. CORESTATE Capital Holding S.A. (CORESTATE) closed today the acquisition of HFS Helvetic Financial Services AG, as announced on 1 July 2017. In addition to the payment of the cash component of the purchase price, CORESTATE's share capital was increased by the issuance of 7,365,256 new shares against contribution in kind from authorized capital as part of the transaction. This increases the amount of outstanding shares to 20,972,255. The new shares are entitled to dividends as of January 1, 2017 and rank pari passu with the existing shares of CORESTATE.
 

IR Contact
Alexander Groschke
Phone: +49 69 3535630-106 / Cell phone: +49 162 2087670
alexander.groschke@corestate-capital.com

PR Contact
Alexander Schmidt
Edelman.ergo
Phone: +49 69 271389-26 / Cell phone: +49 177 2604152
alexander.schmidt@edelmanergo.com
 

About CORESTATE Capital Holding S.A.
CORESTATE Capital Holding S.A. (CORESTATE) is an investment manager and co-investor with EUR 20bn* in assets under management. As a fully integrated real estate platform, CORESTATE offers its clients combined expertise in the areas of investment and fund management as well as real estate management services. The company operates as a respected business partner of institutional clients and wealthy private investors internationally. CORESTATE is headquartered in Luxembourg and has 29 offices including in Frankfurt, London, Madrid, Singapore and Zurich. The company employs over 470 people and is listed on the Frankfurt Stock Exchange. Further information is available at www.corestate-capital.com.
*Following the completion of the Hannover Leasing Group

Forward-Looking Statements
This ad hoc announcement may contain forward-looking statements based on current assumptions and forecasts made by our management. Various known and unknown risks, uncertainties and other factors could lead to material differences between the actual future results, financial situation, development or performance of our company and the estimates given here. These factors include those discussed in our public reports, which are available on our website at [ir.corestate-capital.com]. The company assumes no liability whatsoever to update these forward-looking statements or to conform them to future events or developments. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof.

-ENDS-


05-Jul-2017 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de



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2017‑07‑18

CORESTATE sets up open-ended residential property special AIF with at least EUR 300m equity ...

CORESTATE sets up open-ended residential property special AIF with at least EUR 300m equity

07/18/2017

DGAP-News: CORESTATE sets up open-ended residential property special AIF with at least EUR 300m equity

DGAP-News: Corestate Capital Holding S.A. / Key word(s): Real Estate/Funds

18.07.2017 / 08:30
The issuer is solely responsible for the content of this announcement.



CORESTATE sets up open-ended residential property special AIF with at least EUR 300m equity

CORESTATE Capital Holding S.A. (CORESTATE), a fully integrated investment manager and co-investor headquartered in Luxembourg, is currently setting up an open-ended special AIF with a focus on residential property in Germany. An initial EUR 70m equity for the seed portfolio has already been secured; the first investor is a German pension fund. The target volume of the CORESTATE Residential Germany Fund II is at least EUR 300m. Hannover Leasing Investment GmbH is mandated as the investment management company.

The CORESTATE Residential Fund II focuses on newly built residential property in metropolitan areas and prospering cities throughout Germany and will aim at an annual payout rate of at least 4%.

Thomas Landschreiber, CIO and Co-Founder, CORESTATE: "The increase in demand from institutional investors since CORESTATE's listing in autumn 2016 is remarkable. Due to our strong network and asset sourcing capabilities we have top quality assets worth several billion EUR in our pipeline, which secures us an excellent advantage over our competitors. Residential real estate represents one of our strongest asset classes."

CAPERA Immobilien Service GmbH, a CORESTATE subsidiary, will be responsible for the property management.

 

IR Contact
Alexander Groschke
Phone: +49 69 3535630-106 / Cell phone: +49 162 2087670
alexander.groschke@corestate-capital.com

PR Contact
Tom Zeller
Phone: +49 69 264867715 / Cell phone: +49 176 10430063
tz@feldhoff-cie.de

About CORESTATE Capital Holding S.A.
CORESTATE Capital Holding S.A. (CORESTATE) is an investment manager and co-investor with EUR 20bn in assets under management. As a fully integrated real estate platform, CORESTATE offers its clients combined expertise in the areas of investment and fund management as well as real estate management services. The company operates as a respected business partner of institutional clients and wealthy private investors internationally. CORESTATE is headquartered in Luxembourg and has 29 offices including in Frankfurt, London, Madrid, Singapore and Zurich. The company employs over 470 people and is listed on the Frankfurt Stock Exchange. Further information is available at www.corestate-capital.com.

Forward-Looking Statements
This press release may contain forward-looking statements based on current assumptions and forecasts made by our management. Various known and unknown risks, uncertainties and other factors could lead to material differences between the actual future results, financial situation, development or performance of our company and the estimates given here. These factors include those discussed in our public reports, which are available on our website at [ir.corestate-capital.com]. The company assumes no liability whatsoever to update these forward-looking statements or to conform them to future events or developments. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof.

-ENDS-



18.07.2017 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de



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Events

Aug 16, 2017 Publication half-yearly financial statements

Sep 18, 2017 Berenberg and Goldman Sachs 6th German Corporate Conference (Munich, Germany)