DGAP-News: Corestate konzentriert sich auf das Immobiliengeschäft - Management von Flugzeugfonds planmäßig beendet

Corestate focuses on real estate business - Management of aircraft funds ends as planned

• Dr. Peters Group takes over three aircraft funds with one A380 each
• Further reduction of assets not belonging to the core real estate business

Frankfurt, 1 February 2022. The Corestate subsidiary Hannover Leasing transferred the management of the aircraft funds it manages to the Dortmund-based Dr. Peters Group at the end of January 2022. These are assets under management that are not part of the Group's core business and have a volume of around EUR 0.6 billion. The sale is part of Corestate's strategy to focus more strongly on the real estate business in the future. Hannover Leasing most recently managed three aircraft funds, each with an Airbus A380. The lessees are Singapore Airlines and Emirates.

Dr. Peters Group was selected as part of a market sounding. It is one of the largest providers of aircraft investments in Germany and is particularly experienced in the purchase and management of large commercial aircraft such as the Airbus A380.

Press contact

Jorge Person
T: +49 69 3535630-136 / M: +49 162 2632369
[email protected]

Investor Relations contact

Thomas Fritsche
T: +49 69 3535630-106 / M: +49 162 1036025
[email protected]

About CORESTATE Capital Holding S.A. (CORESTATE)

CORESTATE is an investment manager and co-investor with around € 27 billion in assets under management. 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 some 850 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, Vienna, Zurich, Paris, Madrid and London. 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.