Instone Real Estate

Instone Real Estate Group AG
legal form	Corporation
ISIN	DE000A2NBX80
founding	2017
Seat	Essen , Germany
management	Kruno Crepulja ( CEO )
Number of employees	340
sales	360.8 million euros
Branch	property
Website	www.instone.de
As of December 31, 2018

Instone Real Estate is a listed German project developer for residential real estate based in Essen .

The company was created in 2017 from the merger of the real estate developers Formart and GRK-Holding . Instone Real Estate went public in February 2018 and was promoted to the SDAX in August 2019 . According to the company, around 1000 residential units were developed annually between 2014 and 2016 and handed over to owner-occupiers or private and institutional investors. In August 2019, the company's development portfolio comprised 47 development projects valued at a total sales volume of 5.1 billion euros.

The Instone share has been part of the SDAX index of Deutsche Börse since August 29, 2019 . Instone is replacing the IT service provider Cancom , which was promoted to the MDAX on an unscheduled basis .

Individual evidence

1. ↑ Instone Real Estate: Imprint , accessed on August 27, 2019.
2. ↑ ^{a b} Instone Real Estate: Facts & Figures , accessed on August 27, 2019.
3. ↑ Instone Real Estate: 2018 Annual Report , accessed August 27, 2019.
4. ↑ immobilienmanager.de: Formart and GRK merge to Instone Real Estate , accessed on August 27, 2019.
5. ↑ Handelsblatt: Disappointing stock market start for Instone Real Estate , accessed on August 27, 2019.
6. ↑ boerse.ard.de: This is the successor to Axel Springer , accessed on August 27, 2019.
7. ↑ boerse.ard.de: Instone und das Betongold , accessed on August 27, 2019.
8. ^ Deutsche Börse Group - Extraordinary adjustment in MDAX. Retrieved August 28, 2019 .