Peach Property Group AG
Peach Property Group AG: Annual General Meeting approves all proposals
EQS Group-Ad-hoc: Peach Property Group AG / Key word(s): AGM/EGM Press release 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
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 +++++ Additional features: Document: http://n.eqs.com/c/fncls.ssp?u=UYPOTWTMUF Document title: Press Release 2016-04-21 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. |
Language: | English | |
Company: | Peach Property Group AG | |
Seestrasse 346 | ||
8038 Zürich | ||
Switzerland | ||
Phone: | +41 44 485 50 00 | |
Fax: | +41 44 485 50 11 | |
E-mail: | investors@peachproperty.com | |
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 |