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Aroundtown SA (AT1.DE)

AT1.DE on Xetra

7.28EUR
20 Sep 2019
Change (% chg)

€0.10 (+1.34%)
Prev Close
€7.19
Open
€7.20
Day's High
€7.28
Day's Low
€7.11
Volume
20,143,822
Avg. Vol
2,925,283
52-wk High
€7.95
52-wk Low
€6.85

Latest Key Developments (Source: Significant Developments)

TLG Immobilien places 1 bln eur in notes, bonds for Aroundtown stake buy
Tuesday, 17 Sep 2019 

Sept 17 (Reuters) - TLG Immobilien AG ::SAYS BLENDED INTEREST RATE OF 1,875% PER YEAR.SAYS ESTABLISHES LONG TERM FINANCING FOR TLG'S ACQUISITION OF SHARES OF AROUNDTOWN AND FUTURE GROWTH.  Full Article

Aroundtown SA Says Co has started Evaluation Of A Potential Merger With TLG Immobilien AG
Monday, 2 Sep 2019 

Sept 1 (Reuters) - Aroundtown Sa ::DGAP-ADHOC: AROUNDTOWN SA ANNOUNCES THE START OF EVALUATION OF A POTENTIAL MERGER WITH TLG IMMOBILIEN AG FOLLOWING TLG'S ACQUISITION OF 9.99% STAKE IN AROUNDTOWN FROM ITS LARGEST SHAREHOLDER AVISCO.BOARD RESOLVED TO START WITH EVALUATION OF A POTENTIAL MERGER WITH TLG AND TO COMMENCE DISCUSSIONS IN RELATION THERETO.  Full Article

TLG Immobilien Says Acquires Equity Stake Of 9.99% In Aroundtown SA
Monday, 2 Sep 2019 

Sept 1 (Reuters) - Tlg Immobilien Ag ::DGAP-ADHOC: TLG IMMOBILIEN AG ACQUIRES AN EQUITY STAKE OF 9.99% IN AROUNDTOWN SA AND COMMENCES DISCUSSIONS WITH AROUNDTOWN SA REGARDING A POTENTIAL BUSINESS COMBINATION.AGREEMENT TO PURCHASE 9.99% STAKE IN AROUNDTOWN FROM AVISCO GROUP FOR EUR1,016 MILLION.PRICE AGREED FOR STAKE PURCHASE VALUES AROUNDTOWN AT EUR 8.3 PER SHARE.STAKE PURCHASE IS ACCRETIVE TO FFO PER SHARE OF TLG FROM DAY 1.TLG IMMOBILIEN-CO, AVISCO CONCLUDED OPTION AGREEMENT PURSUANT TO WHICH TLG HAS RIGHT TO PURCHASE FROM AVISCO ANOTHER STAKE OF UP TO 4.99% OF AROUNDTOWN.PRICE PER SHARE OF OPTION IS EQUIVALENT TO PURCHASE PRICE OF STAKE PURCHASE.OPTION IS EXERCISABLE BY EITHER PARTY PRIOR TO FEBRUARY 28, 2020.AVISCO SUPPORTS POTENTIAL MERGER BETWEEN TLG AND AROUNDTOWN.CO ACQUIRES AN EQUITY STAKE OF 9.99% IN AROUNDTOWN SA.  Full Article

Aroundtown Announces Successful Placement Of 84 Million New Shares From Capital Increase
Tuesday, 16 Jul 2019 

July 15 (Reuters) - Aroundtown SA ::DGAP-ADHOC: AROUNDTOWN SA ANNOUNCES SUCCESSFUL PLACEMENT OF 84 MILLION NEW SHARES FROM CAPITAL INCREASE RESULTING IN EUR 600.6 MILLION IN GROSS PROCEEDS.AROUNDTOWN SA SAYS OFFER PRICE PER NEW SHARE WAS FIXED AT EUR 7.15.AROUNDTOWN SA SAYS COMPANY INTENDS TO USE NET PROCEEDS FROM CAPITAL INCREASE PRIMARILY TO FUND COMPANY'S GROWTH STRATEGY..  Full Article

Aroundtown: Acquisition Of 900 Mln Eur Properties In Germany And Benelux
Friday, 5 Jul 2019 

July 5 (Reuters) - Aroundtown SA ::HEREBY ANNOUNCES SIGNING OF EUR900 MILLION PROPERTIES LOCATED IN GERMANY AND BENELUX OUT OF EUR1.5 BILLION PIPELINE.ACQUISITION IS EXPECTED TO BE COMPLETED BEFORE YEAR-END.EUR900 MILLION SIGNED DEALS REFLECT AN ACQUISITION-MULTIPLE OF 16X AND HAVE AN UPSIDE POTENTIAL WHICH WILL BRING LONG TERM NOI YIELD (UNLEVERED) TO APPROX. 7%.YEAR TO DATE, TOTAL ACQUISITIONS AMOUNTED TO EUR2.5 BILLION.  Full Article

Aroundtown Publishes Subscription Price And Ratio For Scrip Dividend
Thursday, 4 Jul 2019 

July 4 (Reuters) - AROUNDTOWN SA ::PUBLISHES SUBSCRIPTION PRICE AND RATIO FOR SCRIP DIVIDEND.SUBSCRIPTION PRICE OF EUR 7.06 AND SUBSCRIPTION RATIO OF 32.76 : 1 FOR SCRIP DIVIDEND.  Full Article

Aroundtown Successfully Places EUR 1.4 Bln Fixed Rate Senior Notes
Tuesday, 2 Jul 2019 

July 2 (Reuters) - Aroundtown SA ::DGAP-NEWS: AROUNDTOWN SA SUCCESSFULLY PLACES EUR 1.4 BILLION FIXED RATE SENIOR NOTES UNDER EMTN PROGRAMME.BOOK WAS MULTIPLE TIMES OVERSUBSCRIBED.  Full Article

Aroundtown Confirms Guidance After FFO I Is Up 29% in Q1
Wednesday, 29 May 2019 

May 29 (Reuters) - Aroundtown SA ::DGAP-NEWS: AROUNDTOWN SA ANNOUNCES Q1 2019 RESULTS.ADJUSTED EBITDA INCREASED TO EUR180 MILLION.FFO I UP 29% TO EUR118 MILLION.NET RENTAL INCOME OF EUR178 MILLION.PROFIT FOR PERIOD INCREASED TO EUR437 MILLION.EPRA NAV GREW TO EUR9.2 BILLION AS OF MARCH 2019.GUIDANCE FOR 2019 IS CONFIRMED.  Full Article

Globalworth Says Aroundtown Acquired 11.8 Pct Stake In Company
Wednesday, 20 Mar 2019 

March 20 (Reuters) - Globalworth Real Estate Investments Ltd ::GLOBALWORTH REAL ESTATE INVESTMENTS LTD - AROUNDTOWN SA ACQUIRED AN 11.8% STAKE IN COMPANY.  Full Article

Aroundtown: Submission For Conversions Of Bonds In Aggregate Principal Amount Of EUR 174,400,000
Wednesday, 29 Aug 2018 

Aug 29 (Reuters) - AROUNDTOWN SA ::SUBMISSION FOR CONVERSIONS OF BONDS IN AN AGGREGATE PRINCIPAL AMOUNT OF EUR 174,400,000.CONSIDERING ENDING DISCUSSIONS WITH BONDHOLDERS IN NEAR FUTURE.AIM IS THAT HOLDERS OF BONDS MAY NO LONGER BE INCENTIVIZED TO AGREE TO EXERCISE THEIR CONVERSION RIGHTS.  Full Article

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German real estate firms consider merger to create market leader

Germany's Aroundtown and TLG Immobilien are examining a merger to create a pan-European commercial real estate market leader worth 25 billion euros ($28 billion).