Peach Property Group AG

EQS-Adhoc: Peach Property Group resolves capital increase; Kreissparkasse Biberach becomes new anchor investor with 7.8% shares

EQS Group-Ad-hoc: Peach Property Group AG  / Key word(s): Capital Increase
Peach Property Group resolves capital increase; Kreissparkasse Biberach becomes
new anchor investor with 7.8% shares

04-Apr-2017 / 07:00 CET/CEST
Release of an ad hoc announcement pursuant to Art. 53 KR
Press release

Peach Property Group resolves capital increase; Kreissparkasse Biberach becomes
new anchor investor with 7.8% shares

- 422,554 new registered shares issued from authorised capital

- Kreissparkasse Biberach becomes Peach Property Group AG's second largest
shareholder with 7.8%

- Peach Property Group AG's free float remains at a high 70%

- Proceeds will be used to finance acquisitions in residential real estate in

- First day of trading of new shares - 7 April 2017

Zurich, 4 April 2017 - Peach Property Group AG has resolved to perform a capital
increase to reinforce its institutional investor base and to finance the further
expansion of the Group. 422,554 new registered shares of Peach Property Group AG
will be issued from the authorised capital, each with a nominal value of CHF
1.00, while excluding shareholders' subscription rights, as part of a private
placement. The issue price corresponds to the volume-weighted average of Peach
Property Group AG's share price in the past 60 trading days.

All of the 422,554 new registered shares have been subscribed by Kreissparkasse
Biberach. The gross proceeds from the issue totals CHF 6.9 million. Peach
Property Group AG's General Meeting in May 2015 resolved to create authorised
capital in the amount of 2,000,000 shares. The company is planning to issue
these shares from this authorised capital; the other shares from the authorised
capital will expire on 8 May 2017. The funds from the capital increase are to be
used to further expand the portfolio of residential properties, focusing on
B-locations in Germany. The Group was able to increase its portfolio of
residential properties by more than one third to 4,243 units at the start of
March 2017, thus increasing its annualized target rental income to CHF around 22

Kreissparkasse Biberach will acquire an interest of 7.8% in Peach Property Group
AG and thus become the company's second largest shareholder after its CEO Dr.
Thomas Wolfensberger. Kreissparkasse Biberach plans to hold a long-term interest
in Peach Property Group AG as part of its investment strategy.

This placement increases Peach Property Group AG's share capital from CHF
4,991,923 to CHF 5,414,477. This corresponds to an increase in the previous
share capital of around 8.5%. The first day of trading of new shares on SIX
Swiss Exchange is 7 April 2017.

Dr. Thomas Wolfsberger, Peach Property Group's CEO, commented: "Acquiring
Kreissparkasse Biberach as an anchor investor is a key milestone for our
company, and we are very proud of this. This investment anchors our company even
more strongly in the institutional investor segment, and highlights our profile
as a residential property owner. We will use the funds accruing to our company
from this transaction to acquire residential properties in Germany and to thus
accelerate our further growth."


Media, investors and analysts

Dr. Thomas Wolfensberger, Chief Executive Officer and Dr. Marcel Kucher, Chief
Financial Officer

+41 44 485 50 00 |

Media Germany

edicto GmbH, Axel Mühlhaus, Peggy Kropmanns

+49 (0) 69 90 55 05 52 |

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). Its Board of Directors consists of Reto
Garzetti (President), Peter Bodmer and Dr. Christian De Prati.

For more information, see

Additional features:

Document title: Press Release
End of ad hoc announcement------------------------------------------------------

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 (Basic
Board) in Frankfurt; SIX Swiss Exchange


End of Announcement EQS Group News Service


561499  04-Apr-2017 CET/CEST

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