Peach Property Group AG: CFO Thorsten Arsan will leave the company at the end of August 2024

[ Report ]

Zürich (pta027/12.02.2024/18:00) - Ad hoc announcement pursuant to Art. 53 KR

Thorsten Arsan, CFO, will leave Peach Property Group AG at the end of August 2024 to pursue new professional challenges, the company's Board of Directors announced today. The Board of Directors would like to thank the outgoing CFO for his commitment over the past three years and wishes him all the best. A new CFO will be announced shortly.

Contact:

Media, investors and analysts
Klaus Schmitz, Chairman
+44 7921 421839 | klaus.schmitz@peachproperty.com

Media Germany

Feldhoff & Cie
Anke Sostmann, Executive Director
+49 159 04028505 | as@feldhoff-cie.de

About Peach Property Group AG

Peach Property Group is a real estate investor with an investment focus on residential real estate in Germany. The Group stands for many years of experience, competence, and quality. Innovative solutions that cater to tenants' needs, strong partnerships, and a broad value chain round off the profile while digitalization and sustainability underpin the operational activities. The portfolio consists of high-yield properties, typically in German Tier II cities in the commuter belt of metropolitan areas. The activities, therefore, span the entire value chain, from location evaluation and acquisition to active asset management and the letting or sale of properties. In addition, the Group develops selected properties in Switzerland to be sold as condominiums, of which the "Peninsula Wädenswil" development project is the most recent such development project.

Peach Property Group AG has its registered office in Zurich and operational headquarters in Cologne. The company is listed on SIX Swiss Exchange (PEAN, ISIN CH0118530366). Its Board of Directors consists of Klaus Schmitz (Chairman), Dr. Christian De Prati and Peter Bodmer.

More information at https://peachproperty.com

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