EQS-Adhoc: Coreo AG: Coreo sells all WEG units at Hagenweg in Göttingen

11.10.23 18:33 Uhr

EQS-Ad-hoc: Coreo AG / Key word(s): Disposal
Coreo AG: Coreo sells all WEG units at Hagenweg in Göttingen

11-Oct-2023 / 18:33 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by EQS News - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

Frankfurt am Main - October 11, 2023 - Coreo AG (ISIN: DE000A0B9VV6) has sold its 119 WEG units in the Hagenweg property in Göttingen to a real estate developer. The sale is subject to regulatory approvals. The sale is part of a portfolio adjustment and will lead to a loss compared to the last IFRS book value in the amount of EUR 600 thousand.
Contact:
Coreo AG
Investor Relations
Bleichstrasse 64
D-60313 Frankfurt a. M.
ir@coreo.de
T: +49 (0) 69-21 93 96-0

End of Inside Information

Information and Explanation of the Issuer to this announcement:

About Coreo AG
Coreo AG (WKN: A0B9VV), based in Frankfurt am Main, is an opportunistic real estate investor. Investments are primarily made in residential and commercial properties with significant appreciation potential or where there is an existing need for development, preferably in medium-sized centers. The aim is to build up an efficiently managed, high-yield real estate portfolio.

11-Oct-2023 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.eqs-news.com

Language:	English
Company:	Coreo AG
	Bleichstraße 64
	60313 Frankfurt am Main
	Germany
Phone:	+49 69 2193 96-0
Fax:	+49 69 2193 96-150
E-mail:	ir@coreo.de
Internet:	www.coreo.de
ISIN:	DE000A0B9VV6
WKN:	A0B9VV
Listed:	Regulated Unofficial Market in Berlin, Dusseldorf, Frankfurt (Basic Board), Hamburg, Munich, Stuttgart, Tradegate Exchange
EQS News ID:	1746817