DGAP-News: InCity Immobilien AG: INCITY SUCCESSFULLY COMPLETES PLACEMENT OF FIRST TRANCHE OF 2018/2023 BOND

INCITY SUCCESSFULLY COMPLETES PLACEMENT OF FIRST TRANCHE OF 2018/2023 BOND

• Target volume of EUR 20 m achieved

Frankfurt am Main, 27 November 2018. InCity Immobilien AG has successfully completed the placement of the first tranche of its 2018/2023 bond (ISIN DE000A2NBF82) and has achieved the target volume of EUR 20 m.

The bond was placed with domestic and foreign investors as part of a private placement. There are no plans for a short-term increase of the bond for the time being. The bond is to be included in the Quotation Board (Open Market) of the Frankfurt Stock Exchange from 3 December 2018. The transaction was supported by MAINFIRST BANK AG.
 

Contacts for enquiries:

InCity Immobilien AG
Beethovenstrasse 71 
60325 Frankfurt am Main, Germany 
www.incity.ag

Press 
Thomas Luber
Tel.: +49 (0)69 7191889 66
presse@incity.ag

Investor Relations
Helge H. Hehl, CFA
Tel.: +49 (0)69 7191889 55
ir@incity.ag
 

About InCity Immobilien AG
As a multi-disciplinary real estate company, InCity Immobilien AG (referred to in the following as InCity AG) is dedicated to creating and increasing the value of real estate and operates in the fields of asset management and project development. For its property portfolio, InCity AG focuses on the real estate markets of the two major cities Berlin and Frankfurt am Main and pursues a sustainable investment strategy. The decisive factors here are location, property quality and long-term value stability. Accordingly, the portfolio consists of high quality core properties with value stability in Berlin as well as properties in locations in Frankfurt that are attractive in the long term which range in value between EUR 5 m and EUR 50 m. In addition, InCity AG assumes comprehensive and individually developed asset management contracts for third parties that are adjusted to meet the needs of the respective property or portfolio. Visit the website for further information about the company: www.incity.ag