Ad-Hoc
CORESTATE publishes preliminary figures / audit procedures of auditor are ongoing
Luxembourg, 8. March 2022 – CORESTATE Capital Holding S.A. (CORESTATE) today announces its preliminary unaudited results for the 2021 financial year. Audit procedures of the auditor Ernst & Young are not fully completed and ongoing with a focus on [...]
Stavros Efremidis becomes new Chairman of the Supervisory Board
In connection with the changes in the shareholder base of Corestate Capital Holding S.A. ("Corestate"), it is planned to appoint Mr. Stavros Efremidis and Dr. Bertrand Malmendier as new members of the Supervisory Board with effect from 1 January 2022. [...]
Corestate Capital Holding S.A. – Karl Ehlerding and Stavros Efremidis intend to acquire a significant stake
Luxembourg, 1 December 2021 – The Board of Directors of Corestate Capital Holding S.A. (Corestate) has become aware that Karl Ehlerding and Stavros Efremidis or companies associated with them intend to acquire a significant stake in the company from [...]
Ad-hoc – Corestate with preliminary figures for 2020: revenues within outlook, EBITDA and adjusted net profit miss company´s expectations – outlook for 2021 foresees significant growth
CORESTATE based on its unaudited and preliminary figures, generated aggregated revenues and gains of € 191m in 2020 and thus met its own financial outlook of € 185m to € 210m. EBITDA was at € 17m and therefor also below [...]
Corestate Capital Holding S.A.: Corestate acquires Aggregate Financial Services and appoints their founders as Members of the Management Board
CORESTATE announces the full acquisition of Frankfurt-based Aggregate Financial Services GmbH (“AFS”), a leading debt financing platform and fully licensed securities trading bank. AFS was founded in 2018 and has enabled more than € 3bn of financings on behalf [...]
René Parmantier becomes new CEO – Lars Schnidrig remains on board as CFO
The Supervisory Board of Corestate Capital Holding S.A. has appointed René Parmantier as the new Chairman of the Management Board (CEO) with immediate effect and for a term of 3 years. The 45-year-old has more than 25 years of professional [...]
New anchor shareholder and changes in the Supervisory Board
Corestate Capital Holding S.A. (“Corestate”) has a new anchor investor, Vestigo Immobilien Investments Limited Partnership (“Vestigo”). Since 27 November 2020, Vestigo owns around 9.9% of the share capital of the Company. In the context of the investment of Vestigo [...]
Adhoc: New anchor shareholder and changes in the Supervisory Board
Corestate Capital Holding S.A. ("CORESTATE") has a new anchor shareholder with the investment of Vestigo Immobilien Investments Limited Partnership. Vestigo Immobilien Investments Limited Partnership is new anchor shareholder of the Company with around 9.9 % of the [...]
Adhoc: Former major shareholders sold shares in the Company
The Management Board of Corestate Capital Holding S.A. (Corestate) today has obtained knowledge that the shareholders Mr Norbert Ketterer, Mrs Sandra Ketterer and Mr Yannick Heller who held significant stakes in the Company sold almost all of their Corestate [...]
CORESTATE shows significant recovery in third quarter of 2020 – financial outlook for the full year confirmed
CORESTATE announced today its results for the third quarter of 2020. According to this, the core business, real estate assets under management, has grown organically by 4.1% to € 25.2bn since the start of the year. Assets under management including [...]
Klaus Schmitt to become new Chairman of the Management Board (CEO) at CORESTATE – Management Board to be expanded
CORESTATE today announced that Klaus Schmitt, most recently a member of the Management Board of Patrizia AG, will be taking over as Chairman of the Management Board (CEO) for an initial period of three years with effect from 1 [...]
Corestate Capital Holding S.A. resolves on capital increase against cash contributions
Today, the management board of Corestate Capital Holding S.A., with the approval of the supervisory board, resolved on a capital increase against cash contributions through partial utilization of authorised capital. The share capital will be increased by 4,186,382 new shares [...]
Corestate successfully increases capital and opens up significant scope for further profitable growth and debt reduction
CORESTATE increased its share capital by 19.5% today and placed the resulting shares in full with long-term investors without discount to the market price. The Company has increased its share capital by € 313,978.65 through issuing 4,186,382 new shares with [...]
Corestate publishes new financial outlook for the financial year 2020
CORESTATE withdrew its financial outlook for 2020 on 22 April 2020 in light of the impact of the COVID-19 pandemic. The Company has since gained a significantly better overview of the further business trends and has therefore issued a financial [...]
Adhoc News: Corestate withdraws financial outlook for 2020 and proposes to the Annual General Meeting that the dividend for financial year 2019 be waived
CORESTATE has withdrawn its outlook for financial year 2020 due to the COVID-19 pandemic. In view of the significant shift in investment decisions, transactions and valuation approaches in core markets and products that can be expected, the Company no longer [...]
Ad Hoc Announcement: CORESTATE appoints Lars Schnidrig as its new Chief Executive Officer and extends management contract with Thomas Landschreiber – management structure sustainably aligned
The Supervisory Board of CORESTATE Capital Holding S.A. ("CORESTATE") today appointed Lars Schnidrig Chairman of the Management Board and Chief Executive Officer (CEO) of the Company for a four-year term effective April 1, 2019. The 46-year-old former Chief Financial Officer [...]
