Peach Property Group AG

EQS-Adhoc: Peach Property Group AG resolves to issue a hybrid bond

EQS Group-Ad-hoc: Peach Property Group AG  / Key word(s): Bond/Issue of Debt
Peach Property Group AG resolves to issue a hybrid bond

01.12.2015 / 07:00
Release of an ad hoc announcement pursuant to Art. 53 KR.
The issuer is solely responsible for the content of this announcement.


Press release

Peach Property Group AG resolves to issue a hybrid bond

-Subscription period from 1 December to 11 December 2015

-Volume of CHF 25 million with possibility to increase to a total of CHF 50

-Fixed coupon: 5.00% p.a. through December 2018

-Proceeds to be used to refinance the group and further expand the portfolio of
investment properties in Germany

Zurich, 1 December 2015 - The Management Board of Peach Property Group AG, a
leading investor in the residential and commercial real estate sectors, has
resolved to issue a subordinated bond ("hybrid bond", ISIN: CH0305711647). The
subscription period as part of the public offer in Switzerland starts on 2
December 2015 and is expected to end on 11 December 2015 (noon), with earlier
closing also possible. In addition, there will be a private placement with
select European investors. The target volume for the hybrid bond is CHF 25
million. In the  event of greater demand, it is possible to increase the volume
to CHF 50 million. The hybrid bond has an unlimited term, and termination by
Peach Property Group is possible for the first time on 15 December 2015. The
interest coupon is 5.00% p.a. through 15 December 2018, and 3-month Libor plus
9.25% thereafter. The hybrid bond will be listed on the SIX Swiss Exchange from
15 December 2015. The prospectus including all details can be found on the Peach
Property Group AG's Web site

As a result of the roadshow for the group's subsidiary Peach Property Group
(Deutschland) AG, institutional investors from Switzerland in particular have
announced very concrete interest in the structure of a hybrid bond at group
level which has now been selected. As a result, the company is confident that
the it will be able to place the planned volume.

Peach Property Group plans to use the proceeds from the hybrid bond to refinance
the group's liabilities and to expand its portfolio of investment properties in
Germany in particular. The company believes that there continue to be
attractive, profitable opportunities for investment on the market in Germany. As
per June 30, 2015 Peach Property Group has a portfolio of both residential and
commercial investment properties in Germany and Switzerland with a market value
of CHF 200 million and a development portfolio with a market value of CHF 139
million. The real estate assets not encumbered with mortgages and thus
uncollateralized real estate assets totals around CHF 170 million. Over the
medium term, the investment focus is on Germany in particular, and more
precisely on North Rhine-Westphalia, Lower Saxony and Hessen.

Over the past few years, the focus of  the overall portfolio has increasingly
shifted towards investment properties; as of the end of September 2015 around
63% of the portfolio was invested in investment properties according to the
asset reporting published each quarter. Over the medium term, the company aims
to hold 75% of its total portfolio in real estate. As an active portfolio
manager, in so doing the Peach Property Group aims to constantly increase the
value of its investment portfolio via active asset management.


Media, investors and analysts

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

German media

edicto GmbH, Axel Mühlhaus, Peggy Kropmanns
+49 (0) 69 90 55 05 52 |

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

Important information

This document does not contain or constitute an offer of, or the solicitation of
an offer to buy or subscribe for, securities to any person in the European
Union, Australia,  Canada, Japan, or the United States or in any jurisdiction to
whom or in which such offer or solicitation is unlawful. The securities referred
to herein may not be offered or sold in the United States absent registration
under the U.S. Securities Act of 1933, as amended (the "Securities Act") or
another exemption from, or in a transaction not subject to, the registration
requirements of the Securities Act. Subject to certain exceptions, the
securities referred to herein may not be offered or sold in the EU, Australia,
Canada or Japan or to, or for the account or benefit of, any national, resident
or citizen of Australia, Canada or Japan. The offer and sale of the securities
referred to herein has not been and will not be registered under the Securities
Act or under the applicable securities laws of the EU, Australia, Canada or
Japan. There will be no public offer of the securities in the United States.

In the United Kingdom, this document is only being distributed to and is only
directed at persons who (i) are investment professionals falling within Article
19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order
2005 (as amended) (the 'Order') or (ii) are persons falling within Article
49(2)(a) to (d) of the Order (high net worth companies, unincorporated
associations, etc.) (all such persons together being referred to as 'Relevant
Persons'). This document is directed only at Relevant Persons and must not be
acted on or relied on by persons who are not Relevant Persons. Any investment or
investment activity to which this document relates is available only to Relevant
Persons and will be engaged in only with Relevant Persons.

No action has been taken that would permit an offering of the securities or
possession or distribution of this announcement in any jurisdiction where action
for that purpose is required. Persons into whose possession this announcement
comes are required to inform themselves about and to observe any such

If any statements in this document contain forward-looking statements, such
statements do not represent facts and are characterized by the words 'will',
'expect', 'believe', 'estimate', 'intend', 'aim', 'assume' or similar
expressions. Such statements express the intentions, opinions or current
expectations and assumptions of Peach Property Group and the persons acting
together with Peach Property Group. Such forward-looking statements are based on
current plans, estimates and forecasts which Peach Property Group and the
persons acting together with Peach Property Group have made to the best of their
knowledge, but which do not claim to be correct in the future. Forward-looking
statements are subject to risks and uncertainties that are difficult to predict
and usually cannot be influenced by Peach Property Group or the persons acting
together with Peach Property Group. It should be kept in mind that the actual
events or consequences may differ materially from those contained in or
expressed by such forward-looking statements.

The information contained in this announcement is for background purposes only
and does not purport to be full or complete. No reliance may be placed for any
purpose on the information contained in this announcement or its accuracy or
completeness. The information in this announcement is subject to change.

This document does not constitute an issuing prospectus according to Article 652
a and 1156 of the Swiss Code of Obligations, nor does it constitute a listing
prospectus according to Article 27 ff of SIX Swiss Exchange's listing

End of ad hoc announcement

Additional features:

Document title: Press Release

01.12.2015 News transmitted by EQS Schweiz AG. - news archive:

The issuer is responsible for the contents of the release.

Language: English

Company:  Peach Property Group AG

          Seestrasse 346

          8038  Zürich


Phone:    +41 44 485 50 00

Fax:      +41 44 485 50 11


ISIN:     CH0118530366

Valor:    A1C8PJ

Listed:   Regulated Unofficial Market in Berlin, Stuttgart; Open Market in
Frankfurt ; SIX

End of News EQS Group News Service
419761  01.12.2015 

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