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Coreo AG (COR2.DE)

COR2.DE on Xetra

1.34EUR
26 Nov 2020
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€1.34
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11,401
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€1.59
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€1.07

Latest Key Developments (Source: Significant Developments)

Coreo Waives Issuance Of Corporate Bond 2020/2025
Monday, 14 Sep 2020 

Sept 14 (Reuters) - Coreo AG ::DUE TO ALTERNATIVE FINANCING OPTIONS, COREO AG WAIVES ISSUANCE OF CORPORATE BOND 2020/2025.CURRENT PLACEMENT VOLUME OF AROUND 10 MILLION EUROS, INCLUDING COMMITMENTS OF ANCHOR SHAREHOLDERS CHRISTIAN ANGERMAYER AND ALEX SCHÜTZ FAMILIENSTIFTUNG, DOES NOT MEET EXPECTATIONS.IS CONDUCTING EXTENSIVE TALKS WITH A WELL-KNOWN INVESTOR AND TWO ANCHOR SHAREHOLDERS, WHO OFFERED TO PROVIDE COMPANY WITH ENTIRE BOND VOLUME OF EUR 30 MILLION.IN NEXT FEW WEEKS, TERMS AND CONDITIONS ARE TO BE FINALISED AND BOND WILL THEN BE ISSUED IN A PRIVATE PLACEMENT.FINANCING IS INTENDED TO ENABLE COREO AG TO ACQUIRE PROPERTIES WORTH MORE THAN EUR 40 MILLION IN A TIMELY MANNER, FOR WHICH COMPANY ALREADY HAS EXCLUSIVITY.  Full Article

Coreo: Bond Subscription Period Commences
Monday, 24 Aug 2020 

Aug 24 (Reuters) - Coreo AG ::COREO BOND: SUBSCRIPTION PERIOD COMMENCES WITH SUBSCRIPTION COMMITMENTS OF EUR 8 MILLION FROM THE ANCHOR SHAREHOLDERS.6.75% INTEREST P.A. WITH INTEREST PAYMENT EVERY SIX MONTHS.5 YEARS TERM.SUBSCRIPTIONS AS OF EUR 1.000 POSSIBLE.PUBLIC OFFER FROM 24 AUGUST TO 8 SEPTEMBER 2020 IN GERMANY, AUSTRIA AND LUXEMBOURG.  Full Article

Coreo Issues Corporate Bond Of Up To EUR 30 Million
Thursday, 13 Aug 2020 

Aug 13 (Reuters) - COREO AG ::COREO AG DECIDES TO ISSUE A CORPORATE BOND OF UP TO EUR 30 MILLION.BOND SHALL HAVE A TERM OF 5 YEARS AND A COUPON OF 6.75% P.A., PAYABLE EVERY SIX MONTHS..PUBLIC OFFERING IN PERIOD FROM AUGUST 24, 2020 TO SEPTEMBER 8, 2020 (BOTH INCLUSIVE).INTENTION TO USE REVENUES FROM BOND IN PARTICULAR TO FINANCE FURTHER GROWTH OF COMPANY..  Full Article

Coreo Carries Out Capital Increase
Wednesday, 3 Jun 2020 

June 3 (Reuters) - COREO AG ::COREO AG CARRIES OUT A CAPITAL INCREASE.VOLUME OF 10 PERCENT OF SHARE CAPITAL.TO INCREASE COMPANY'S SHARE CAPITAL OF CURRENTLY EUR 15,945,880 TO EUR 17,540,460.ISSUE PRICE PER NEW SHARE IS EUR 1.20..INTENTION TO USE GROSS ISSUE PROCEEDS OF APPROXIMATELY EUR 1.91 MILLION TO FURTHER EXPAND REAL ESTATE PORTFOLIO OF COMPANY.WITH EFFECT FROM JANUARY 1, 2019, NEW SHARES ARE ENTITLED TO A SHARE IN PROFITS..ALEX SCHÜTZ FAMILIENSTIFTUNG (FAMILY FOUNDATION) WILL SUBSCRIBE FOR ALL COREO SHARES..  Full Article

Coreo FY Consolidated Net Loss Of EUR 862,000
Thursday, 23 Apr 2020 

April 23 (Reuters) - COREO AG ::FY CONSOLIDATED NET RESULT AT TEUR -862 AFTER TEUR 1,660.FY RENTAL REVENUES INCREASED FROM TEUR 2,164 TO TEUR 2,919.IMPOSSIBLE TO FORECAST WHETHER AND WHEN THESE FUNDS CAN BE SECURED ON CAPITAL AND FINANCING DUE TO COVID 19 PANDEMIC.EXPECTS A SIGNIFICANT INCREASE IN RENTAL REVENUES AND AN ONGOING REDUCTION IN VACANCY RATE IN HYDRA PORTFOLIO FOR CURRENT FISCAL YEAR.  Full Article

Coreo Acquires Residential Portfolio In North Rhine-Westphalia
Tuesday, 5 Nov 2019 

Nov 5 (Reuters) - Coreo AG ::DGAP-NEWS: COREO ACQUIRES RESIDENTIAL PORTFOLIO IN NORTH RHINE-WESTPHALIA.PARTIES AGREED NOT TO DISCLOSE ACQUISITION PRICE..PROPERTY PORTFOLIO WILL GENERATE REVENUE AND EARNINGS CONTRIBUTIONS FOR FIRST TIME IN BUSINESS YEAR 2020.PROPERTY PORTFOLIO WILL GENERATE REVENUE AND EARNINGS CONTRIBUTIONS FOR FIRST TIME IN BUSINESS YEAR 2020.CLOSING IN 2020.  Full Article

Coreo Sells Property In Mannheim
Thursday, 31 Oct 2019 

Oct 31 (Reuters) - COREO AG ::DGAP-NEWS: COREO SELLS PROPERTY IN MANNHEIM.ACQUISITION PRICE 1.325 MILLION EURO.TRANSACTION WILL LEAD TO CORRESPONDING SALES AND EARNINGS CONTRIBUTIONS IN CURRENT FINANCIAL YEAR..IT IS EXPECTED THAT CLOSING WILL TAKE PLACE IN 2019.  Full Article

Coreo H1 Result Amounts Up At EUR 1.7 Mln
Tuesday, 17 Sep 2019 

Sept 17 (Reuters) - Coreo AG ::2019 GROWTH TARGET REAFFIRMED.INCREASED NET RENTAL INCOME IN H1 BY MORE THAN 120% VERSUS SAME PERIOD OF PREVIOUS YEAR TO EUR 1.1 MILLION.H1 RESULT AMOUNTS TO EUR 1.7 MILLION (PREVIOUS YEAR EUR 1.1 MILLION).  Full Article

Coreo Sells Part Of Its Portfolio In Goettingen
Tuesday, 16 Jul 2019 

July 16 (Reuters) - COREO AG ::SELLS PART OF ITS PORTFOLIO IN GÖTTINGEN.FURTHER CONSOLIDATION IN 2019.TRANSFER OF BENEFITS AND BURDENS IN 2019.PARTIES AGREED NOT TO DISCLOSE PURCHASE PRICE AND OTHER DETAILS OF TRANSACTION.TRANSACTION WILL STILL HAVE AN EFFECT ON SALES AND EARNINGS IN 2019.  Full Article

Coreo FY Consolidated Net Income At EUR 1.7 Mln
Tuesday, 30 Apr 2019 

April 30 (Reuters) - COREO AG ::FY CONSOLIDATED NET INCOME AT EUR 1.7 MILLION.FY RENTAL INCOME INCREASED BY ALMOST 400 % FROM EUR 383 THOUSAND TO EUR 1.5 MILLION.FY GROUP SALES OF EUR 8.9 MILLION (2017: EUR 482 THOUSAND).OUTLOOK 2019: EXPECTS DYNAMIC GROWTH OF REAL ESTATE PORTFOLIO AND OF RENTAL INCOME TO CONTINUE.  Full Article