Peach Property Group AG: Resignation of Head of Letting & Sales

[ Report ]

Zürich (pta022/23.12.2024/18:30) - Ad hoc announcement pursuant to Art. 53 LR

* Dr Andreas Steinbauer is leaving the company by 31 March 2025

Dr Andreas Steinbauer, Head of Letting & Sales, and member of the Executive Management of Peach Property Group AG, is leaving the company by 31 March 2025 on best mutual agreement.

Michael Zahn, Chairman of the Board of Directors of Peach Property Group AG: "Dr Steinbauer has been with the company since 2009 and has played an important role in the development and direction of the company. The Management and the Board of Directors would like to thank Dr Steinbauer for his commitment to Peach Property Group AG. We wish him all the best for the future, both personally and professionally."

Contacts:

Media, investors and analysts

Gerald Klinck, Chief Executive Officer
+41 44 485 50 00 | investors@peachproperty.com

Media Germany

Rosenberg Strategic Communications GmbH & Co. KG

Dirk T. Schmitt, Managing Partner

+49 170 302 8833 | D.Schmitt@RosenbergSC.com

About Peach Property Group AG

Peach Property Group is a property investor focused on residential investment in Germany. The group stands for many years of experience, expertise and quality. Innovative solutions for tenants' needs, strong partnerships and a broad value chain complete the profile, while digitalization and sustainability characterize the operational business. The portfolio consists of high-yield properties, typically in German Tier II cities in the catchment areas of major metropolitan areas. Activities therefore cover the entire value chain, from site evaluation and acquisition to active asset management and the letting or sale of properties. In addition, the Group is developing selected properties in Switzerland for sale as condominiums, the latest of which is the "Peninsula Wädenswil" project.

Peach Property Group AG is headquartered in Zurich and has its German headquarters in Cologne. Peach Property Group AG is listed on the SIX Swiss Exchange (PEAN, ISIN CH0118530366). The Board of Directors includes Michael Zahn (Chairman), Cyrill Schneuwly, Beat Frischknecht, Urs Meister and Eric Assimakopoulos.

Further information: https://www.peachproperty.com/en/

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