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Aves One AG, DE000A168114

Aves One AG, DE000A168114

11.06.2019 - 08:02:48

Aves One sells logistics property for EUR 11.1 million

Corporate NewsAves One sells logistics property for EUR 11.1 millionHamburg, 11 June 2019 - Aves One AG, a strongly growing portfolio holder in the field of logistics assets, sold its logistics property in the Business Park Alsdorf near Aachen in the course of further focusing on its core business areas. The sales price is EUR 11.1 million. The property, which was completed in 2017, is a state-of-the-art contract logistics hall with a total rental area of around 12,000 sqm. Aves One acquired the property in April 2018 for around EUR 10 million. The buyer is Nuveen Real Estate, one of the world's largest real estate investment managers. The closing took place on 7 June 2019. Aves One was consulted on this transaction by Logivest GmbH. "We now intend to use the liquid gains from the sale to further expand our position in the promising rail market. Particularly this segment offers us attractive opportunities. With further acquisitions in the current financial year, we intend to continuously expand our asset portfolio," commented Mr Bauer, CEO of Aves One AG, on the transaction.About Aves One AG Aves One AG is a strongly expanding holder of long-life logistics assets with a focus on freight cars. The portfolio also includes containers and swap bodies. The company plans to increase the value of its assets to more than EUR 1 billion by the end of 2019. With a young, profitable freight car portfolio, Aves One is one of the leading holders of rail logistics assets in Europe. The strategy is geared to constant optimisation of Aves One's stock and further expansion of the logistics portfolio. Based in Hamburg, Aves One AG is listed on the regulated market (Prime Standard) of the Frankfurt Stock Exchange (ISIN: DE000A168114; WKN: A16811).For further information:www.avesone.comContact Aves One AG Jürgen Bauer, CEO T +49 (40) 696 528 350 F +49 (40) 696 528 359 E ir@avesone.com

11.06.2019 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.The issuer is solely responsible for the content of this announcement.The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.dgap.de

Language: English Company: Aves One AG Große Elbstrasse 61 22767 Hamburg

Germany Phone: 040 696528 350 Fax: 040 696528 359 E-mail: ir@avesone.com Internet: www.avesone.com ISIN: DE000A168114 WKN: A16811 Listed: Regulated Market in Frankfurt (Prime Standard), Hamburg, Hanover; Regulated Unofficial Market in Berlin, Dusseldorf, Stuttgart; London EQS News ID: 822207   End of News DGAP News Service

822207  11.06.2019 

@ dgap.de