In view of the complex bond restructuring procedures, the process to appoint an auditor for the consolidated and separate financial statements of Corestate Capital Holding S.A. (“Corestate”) for the past financial year 2022 has been delayed. As a result, the audited financial statements will not be available by 30 April 2023. This will also have an impact on the timely fulfilment of the Company’s disclosure obligations during the year 2023. In addition, there may subsequently be delays in the implementation of the resolutions from the creditors’ meetings. The company is currently
in constructive discussions with auditing firms regarding an appointment. As soon as a suitable auditor can be mandated and proposed for election at the Annual General Meeting, the company will publish a complete financial calendar for 2023.
About CORESTATE Capital Holding S.A. (CORESTATE)
CORESTATE is an investment manager and co-investor with € 17.3 billion in assets under management in the core business (as of 30 Sep 2022). The company sees itself as a manager for the entire length of the real estate value chain. Thanks to its fully integrated real estate platform, it is able to offer investors a wide range of services, especially the opportunity to invest in large-scale societal trends such as urbanisation, demographic shifts or sustainability – trends that will continue to have a decisive influence on the living and working environment in the long term. The consistent focus on asset classes that will be successful in the long run constitutes a central cornerstone of the company strategy. At CORESTATE, all concepts are supported with ESG expertise that is unique to the industry. With more than 400 experts, CORESTATE offers clients and investors a full range of services and consultation from a single source, from project financing and real estate management to sales. CORESTATE is listed on the Frankfurt Stock Exchange and operates as a respected business partner for institutional and semi-institutional investors as well as high-net-worth private investors in 11 countries across Europe, with offices in Frankfurt, Munich, Zurich, Paris, and Madrid. Please visit www.corestate-capital.com for further information.
Forward-looking statements
This press release may contain certain forward-looking statements based on current assumptions and forecasts made by our management. Various known and unknown risks, uncertainties and other factors could lead to material differences between the actual future results, financial position, development or performance of the Company and the estimates given here. These factors include those described in published reports. These reports are available on our website www.corestate-capital.com. The Company assumes no obligation whatsoever to update these forward-looking statements or to conform them to future events or developments. No inappropriate significance should be attached to forward-looking statements, which apply only to the date of this communication.
