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  DGAP-News: Corestate Capital Holding S.A .: CORESTATE acquires 4711 house in Kln | Notice | Bit Updates
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DGAP-News: Corestate Capital Holding S.A .: CORESTATE acquires 4711 house in Kln | Notice

Friday, October 20th, 2017 | bitcoin updates

Corestate Capital Holding S.A .: CORESTATE Acquires 4711 House in Cologne ^ DGAP-News: Corestate Capital Holding S.A. / Key word (s): MiscellaneousCorestate Capital Holding SA: CORESTATE acquires 4711 House in Cologne20.10.2017 / 08: 55The issuer is solely responsible for the content of this announcement. ————————————————– ——- CORESTATE acquires 4711 house in CologneThe CORESTATE Capital Holding SA (CORESTATE), a fully integrated investment manager and co-investor based in Luxembourg, has acquired the former company headquarters of the Parfümmarke 4711 in Cologne. CORESTATE is planning the development of an aparthotel, which has a market value of approx. EUR 60 million. The object is located in the dynamic city district of Ehrenfeld and is located in the immediate vicinity of numerous shopping opportunities, restaurants and bars, fitness studios, a park and very good public transport links. Thomas Landschreiber, Chief Investment Officer of CORESTATE: "The object is part of the Barthonia Forum , a 70,000-square-meter, mixed-use complex with office, residential and commercial buildings.The pipeline in theStudent Living and Microliving segment is very well filled and we have established a strong platform with stable management solutions GroschkeT: +49 69 3535630-106 / M: +49 162 2087670alexander.groschke@corestate-capital.comPR ContactTom ZellerT: +49 69 264867715 / M: +49 176 10430063tz@feldhoff-cie.de About CORESTATE Capital Holding SACORESTATE Capital Holding SA (CORESTATE) is an investment manager and co-investor with assets under management of approximately EUR 22 billion *. As a fully integrated real estate platform, CORESTATE offers its clients expertise in investment and fund management as well as real estate management services from a single source. The company is internationally active as a respected business partner for institutional investors as well as wealthy private investors. The company has its head office in Luxembourg and has 41 other offices in Frankfurt, London, Madrid, Singapore and Zurich. CORESTATE employs more than 530 people and is listed on the Frankfurt Stock Exchange (Frankfurt). For further information, please visit www.corestate-capital.com * End of 2017Forward-Related StatementsThis press release may contain forward-looking statements that are based on current assumptions and forecasts our management. Various known as well as unknown risks, uncertainties and other factors may cause the actual results, financial position, development or performance of our company to differ materially from the estimates made here. These factors include those that we have described in published reports. These reports are available on our website ir.corestate-capital.com. The Company assumes no liability whatsoever to update such forward-looking statements or to adapt them to future events or developments. Forward-looking statements, the effect of which is limited to the date of such communication, should not be considered to be inappropriate. ————————————————– ——— 20.10.2017 Dissemination of a Corporate News, transmitted by DGAP – a service of EQS Group AG.The issuer / publisher is responsible for the content of this announcement. DGAP's Distribution Services include Regulatory Announcements, Corporate News / Financial news and press releases.Media archive at http: //www.dgap.de——————————— —————————————— Language: EnglishCompanies: Corestate Capital Holding SA 4, Rue Jean MonnetL-2180 LuxembourgLuxembourgTelephone: +49 69 3535630-106Fax: +49 69 3535630-29Email: alexander.groschke @ corestate-capital.comInternet: www.corestate-capital.comISIN: LU1296758029WKN: A141J3Börsen: Freiverkehr in Berlin, Tradegate Exchange; Open Market (Scale) in FrankfurtEnter Announcement DGAP News-Service ————————————- ————————————– 620795 20.10.2017 °

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