German real estate
| Deutsche Real Estate AG
|
|
|---|---|
 |
|
| legal form | Corporation |
| ISIN | DE0008055021 |
| founding | 1871 as Geestemünder Bank AG |
| Seat |
Berlin , Germany
|
| management | Boaz roses |
| Number of employees | 48 (December 31, 2018) |
| sales | EUR 29.1 million (2018) |
| Website | www.drestate.de |
The German Real Estate is a listed real estate company based in Berlin . Together with its subsidiaries, it specializes in the acquisition and active asset management of commercial real estate in Germany. The controlling company is Summit Real Estate Holdings Ltd., Haifa , Israel .
Stock exchange
The company's 20,582,200 shares are traded on the Frankfurt Stock Exchange under WKN 805502. The company is listed in the CDAX and DIMAX . The Summit Group holds 89.98% of the shares and 10.02% of the shares are in free float.
history
Geestemünder Bank AG was founded in Bremerhaven in 1871. From 1986 the Vereins- und Westbank from Hamburg took over 82% of the total share capital. The entire banking business, including the employees, was transferred to Bankhaus Neelmeyer AG from Bremen in 1997. The company was renamed Geestemünder Verwaltungs- und Grundstücks Aktiengesellschaft (GVG). At the general meeting of GVG on April 13, 1999, a change of name to "Deutsche Real Estate AG" was decided. As of December 31, 2018, the property portfolio consisted of 28 properties with a total area of 359,413 m². In addition to its own, 56 Summit Group properties were managed.
Web links
swell
- ^ DGAP announcement of June 15, 2012.
- ↑ a b c d Annual Report of March 2019 for the 2018 financial year (PDF; 2.49 MB).
- ↑ Shareholder structure of Deutsche Real Estate AG October 2018 .
- ^ History of the Geestemünder Bank AG .