Corestate sees weak business performance in the first nine months of 2022 – goodwill impairments and one-off effects negatively impact adjusted net profit
The Corestate Capital Group (Corestate) has published its results for the first nine months of 2022. In its core business, real estate equity and real estate debt, assets under management [...]
Corestate with weaker business development in the first half of 2022 -non-recurring items weigh on results
Corestate Capital Group (Corestate) reports results for the first half of 2022. In the core business, Real Estate Equity and Real Estate Debt, the assets under management amount to € [...]
Corestate records rental success at Werne City Mall
Corestate has now successfully renegotiated and extended a lease agreement with food retailer REWE for the local shopping center it manages in Werne. At the same time, with the drugstore [...]
Corestate acquires residential development “Bambi” with seven apartment buildings in the proximity of Kitzingen’s city center
Corestate has acquired a new construction project with seven buildings and a total of 54 residential units for a real estate special AIF. The project was successfully developed by [...]
Corestate publishes ESG report 2022 and strengthens ESG service offering for decarbonization in the real estate sector
Corestate has announced on the occasion of the publication of this year's ESG report that it will further strengthen its ESG services offering additional support for its clients in [...]
Corestate continues to drive transformation and again makes impairments in the Real Estate Debt segment
Corestate continues to drive transformation and again makes impairments in the Real Estate Debt segment Corestate continues to drive transformation and again makes impairments in the Real Estate Debt [...]
Corestate makes substantial impairments in the Real Estate Debt segment
Frankfurt, 14 June 2022 – The Management Board of Corestate Capital Holding S.A. (Corestate) has decided in its meeting today to recognize impairments on the goodwill and brand value as [...]
Corestate reports figures for the first quarter of 2022 – business affected by increased macroeconomic uncertainties
The Corestate Capital Group (Corestate) published its results for the 1st quarter of 2022 today. According to the figures, consolidated aggregated revenues and gains amounted to € 37.6m (previous year: [...]
Evaluation of options for refinancing the convertible bond and bond, including potential alternative scenarios. Financial outlook for 2022 is withdrawn.
Luxemburg, 9 May 2022 – The Management Board of Corestate Capital Holding S.A. ("Corestate") has decided today - while continuing and maintaining the steps taken to raise additional liquidity [...]
CORESTATE presents unqualified audit opinion and publishes Annual Report 2021
Corestate Capital Holding S.A. (Corestate) today announces the final and audited results for the financial year 2021. Advanced audit procedures concluded, Ernst & Young certifies financial statements without qualification [...]
CORESTATE with audited financial statements for 2021
Frankfurt, 20 April 2022 – Corestate Capital Holding S.A. (Corestate) today announces the final and audited results for the financial year 2021. The auditor Ernst & Young has concluded all [...]
Postponement of publication of the audited consolidated financial statements 2021 due to ongoing audit procedure
Luxembourg, 30 March 2022 – Corestate Capital Holding S.A. (Corestate) has been informed by its auditor Ernst & Young (E&Y) that the ongoing audit procedures will not be fully [...]
