pta20170515010
Business news for the stock market

CR Capital Real Estate AG: The new construction project is already ahead of expectations

Berlin (pta010/15.05.2017/09:11 UTC+2) The new construction project developed by CR Capital Real Estate AG near Leipzig is already ahead of expectations during the start-up phase. Just a few weeks after the sales launch, the sales quota is considerably higher than 50%.

Following the breaking of ground at the start of April 2017 and the smooth start of construction, CR Capital Real Estate AG is delighted to report pleasing sales figures.

Demand for the 96 very attractively priced two- and three-floor town homes featuring premium appointments has considerably exceeded the targets set. In light of this, additional areas with a total sum of approximately 86,000 square metres and new projects near Berlin with a project volume of EUR 180 million are currently being developed.

About CR Capital Real Estate AG:
CR Capital Real Estate AG is a property company listed on the Basic Board segment of the Deutsche Börse Cash Market and has been successfully developing and selling real estate for almost 10 years.

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Emitter: CR Capital Real Estate AG
Fasanenstraße 77
10623 Berlin
Germany
Contact Person: Christiane Bohm
Phone: +49 30 889 26 88-28
E-Mail: info@cr-cap.de
Website: www.cr-cap.de
ISIN(s): DE000A0WMQ53 (Share)
Stock Exchange(s): Free Market in Berlin, Dusseldorf, Frankfurt (Basic Board)
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