Eyemaxx sells 'Vivaldi Höfe' project in Schönefeld

Eyemaxx sells "Vivaldi Höfe" project in Schönefeld

Aschaffenburg, 24 June 2019 - Eyemaxx Real Estate AG (General Standard; ISIN: DE000A0V9L94; "Eyemaxx") has sold the "Vivaldi-Höfe" project in Berlin-Schönefeld to a renowned Berlin-based real estate company. The buyer takes over the entire project including the further implementation as well as the plot of land of around 73,000 m² east of the centre of Schönefeld, which Eyemaxx had acquired in Summer 2017. It was agreed not to disclose the purchase price.

The "Vivaldi Höfe" are the second project that Eyemaxx launched in Schönefeld. The large-scale project "Sonnenhöfe" on a plot of around 51,000 m², also in Schönefold, is carried out by Eyemaxx in cooperation with DIE Deutsche Immobilien Entwicklungs AG (DIEAG).

Dr. Michael Müller, CEO of Eyemaxx Real Estate AG: "The fact we can completely sell the entire Vivaldi Höfe project to a renowned German real estate company underpins the quality of the project. It also confirms the excellent location. We seized the opportunity to sell because we received an excellent offer. We will use the inflow of funds for the implementation of our well-filled pipeline and the launch of new, attractive projects."
 

About Eyemaxx Real Estate AG

Eyemaxx Real Estate AG is a real estate company with a long-standing successful track record, focussing on residential properties in Germany and Austria. In addition, Eyemaxx also realises commercial properties in central Europe. In the company's recent past its corporate strategy has also included hotels and serviced apartments as well as developing urban districts in Germany.

Eyemaxx' business activities take a dual-pronged approach. These include high-margin projects and also the continued expansion of its stocks of let commercial properties, which generate ongoing rental income and thus constant cash flows. In so doing, Eyemaxx uses the expertise offered by its experienced management team together with a strong team of real estate professionals, and also a well-established and broad network which opens up additional access to attractive properties and projects. As a result, the current project pipeline has been grown to total around one billion euros.

Shares of Eyemaxx Real Estate AG are listed in the General Standard of Frankfurt Stock Exchange and in the direct market plus on Vienna Stock Exchange. The company has also issued several bonds, which are also listed on the stock exchange.

You can find more information at www.eyemaxx.com
 

Contact

Investor Relations/Financial Press
Axel Mühlhaus, Peggy Kropmanns
edicto GmbH
Tel.: +49 69 905505-52
E-mail: eyemaxx@edicto.de