Corporate | 4 October 2011 07:03


Peach Property Group AG: Premiere in Munich, for the first time with own stand at EXPO REAL


Peach Property Group AG / Key word(s): Real Estate

04.10.2011 / 07:03

Premiere in Munich: Peach Property Group AG for the first time with own stand at EXPO REAL

Zurich, Switzerland/Munich, Germany, 4 October 2011 – Swiss company, Peach Property Group AG, leading developer of luxury residential property in German-speaking Europe, will for this first time participate in Munich’s EXPO REAL trade fair (4-6 October 2011) with its own stand.

Peach Property Group will present its current luxury accommodation construction projects on a 80m 2 stand in Hall A2. Focal points will be provided by the ‘Harvesterhuder Weg 36’ project in Hamburg, ‘yoo berlin’ and ‘Am Zirkus 1’. In Hamburg, Peach Property Group AG – which has been active on the German property market since 2009 – is currently in the process of realising a project on the shores of Hamburg’s Outer Alster. The project, which is located in a traditional villa region, comprises of 63 apartments of between 80 and 280 m 2 in five newly constructed villas. In Berlin, the Group will build 87 apartments of between 62 and 339 m 2 over a ten-storey standalone building on the banks of the River Spree. ‘you berlin’ will be completed in collaboration with world renowned designer Philippe Starck. The same building complex will also house a new 311-room hotel and 5,000 m 2 of commercial space.

‘Our customers expect the most exclusive living standards with an individual touch. Our projects satisfy these demands to the highest level,’ Dr Thomas Wolfensberger says, CEO of Peach Property Group. It comes as no surprise then that the design of the Peach stand at the EXPO REAL must also satisfy these high standards.

In response to the question as to why Peach Property Group AG presents itself at the trade fair as a company specialised in luxury residential property, Dr Wolfensberger cites several reasons. ‘As a quoted company – we have been listed on the SIX Swiss Exchange in Zurich since November 2010 – the trade fair is a good platform for us to establish and maintain contact with investors, analysts and industry experts. In addition, there’s also the fact that residential property is increasingly becoming a central topic at the Expo Real,’ Wolfensberger goes on. ‘Last year too, the issue was a focus of many trade fair participants. And we note here that investor interest in upscale residential real estate has risen sharply in the wake of current economic developments.’

According to an independent study, Peach Property Group is the second largest developer of luxury real estate in Germany and according to a current analysis by BulwienGesa is a leader in this sector. The foundation stone will be laid this year for the ‘yoo berlin’ project in the German capital, a luxury real estate project in prime location on the shores of the river Spree, Berlin-Mitte. The topping out ceremony was also recently celebrated for the first phase of construction for the Hamburg flagship project, Harvesterhuder Weg 36. For the ‘Living 106’ project, a complex of buildings in the direct vicinity of the BND house on Berlin’s Chausseestrasse, all 76 luxury apartments were sold on completion. The largest project at present, the ‘Peninsula’ project, spans 30,000 m 2 on the shores of Lake Zurich.

Press Contact German Projects:
Koopmann.kommunikation | Hans Peter Koopmann
Tel. +49 171 45 77 889 | post@koopmannkommunikation.de

Press Contact Peach Property Group AG:
Barino Consulting | Siro Barino
Tel. +41 79 335 24 24 | info@barino.ch

Peach projects (selection)

Switzerland:
Peninsula www.waedenswil-peninsula.ch
Peninsula Beach House www.beach-house.ch

Germany:
yoo inspired by Starck, Berlin www.yooberlin.com
Harvestehuder Weg 36, Hamburg www.harvestehuderweg36.com

Austria:
Schooren des Alpes www.elevated-living.at

About Peach Property Group AG
Peach Property Group AG is a leading developer of luxury residential property in German-speaking Europe. Activities stretch across the entire value chain in real estate development from location analysis and project planning all the way to realisation and marketing. Peach Property Group focuses on city and holiday homes in extraordinary locations with state-of-the-art furnishings for a demanding clientele.

Peach Property Group AG employs 34 real estate and financial specialists at its headquarters in Zurich and at its German outlet in Cologne. The Group is currently in the process of planning and realising 14 projects with an anticipated total marketing volume of around CHF 800 million. Peach Property Group AG has been listed on the SIX Swiss Exchange since 12 November 2010 (PEAN, ISIN CH0118530366).

Further information at www.peachestates.com

All press texts of the Peach Property Group for EXPO REAL 2011 will be available in digital form at the online press center of the trade fair under www.exporeal.net , category Exhibitor press releases.



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Language: English
Company: Peach Property Group AG
Seestrasse 346
8038 Zürich
Switzerland
Phone: +41 44 485 50 00
Fax: +41 44 485 50 11
E-mail: investors@peachestates.com
Internet: www.peachestates.com
ISIN: CH0118530366
Swiss Security Number: A1C8PJ
Listed: Regulierter Markt in SIX; Freiverkehr in Berlin, Stuttgart; Open Market in Frankfurt
End of News EquityStory AG News-Service
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