Peach Property Group AG

EQS-Adhoc: Peach Property Group AG: Annual General Meeting approves all proposals


EQS Group-Ad-hoc: Peach Property Group AG  / Key word(s): AGM/EGM
Peach Property Group AG: Annual General Meeting approves all proposals

21.04.2016 / 19:00
Release of an ad hoc announcement pursuant to Art. 53 KR.
The issuer is solely responsible for the content of this announcement.

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Press release

Peach Property Group AG:Annual General Meeting approves all proposals


Zurich, 21 April 2016 - The shareholders of Peach Property Group AG, an investor
specialising in the management of residential property in German, approved all
proposals submitted by the Board of Directors with clear majorities at the
today's Annual General Meeting. Overall, 48 percent of the company's voting
capital was represented at the meeting.

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
Dr. Thomas Wolfensberger, Chief Executive Officer and Dr. Marcel Kucher, Chief
Financial Officer
+41 44 485 50 00 | investors@peachproperty.com


Media Germany
edicto GmbH, Axel Mühlhaus, Peggy Kropmanns
+49 (0) 69 90 55 05 52 | amuehlhaus@edicto.de

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, seewww.peachproperty.com

End of ad hoc announcement

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Additional features:

Document:http://n.eqs.com/c/fncls.ssp?u=UYPOTWTMUF
Document title: Press Release

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21.04.2016 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:    +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
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