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Peach Property Group AG ( (CH:PEAN) ) has provided an announcement.
Peach Property Group AG has secured a seven-year extension on a EUR 203 million loan from a major German bank, which accounts for about 20% of its total financial liabilities. This extension is part of the company’s balance sheet transformation strategy, aimed at strengthening its financial base and supporting its focus on strategic portfolio performance and shareholder value enhancement.
The most recent analyst rating on (CH:PEAN) stock is a Buy with a CHF7.95 price target. To see the full list of analyst forecasts on Peach Property Group AG stock, see the CH:PEAN Stock Forecast page.
More about Peach Property Group AG
Peach Property Group AG is a real estate investor specializing in rental apartments in Germany, with a focus on high-yield properties in Tier-II cities near metropolitan areas. The company is involved in the entire real estate value chain, from site evaluation to asset management, and also develops properties in Switzerland for sale as condominiums. Headquartered in Zurich, the group emphasizes innovation, digitization, and sustainability in its operations.
Average Trading Volume: 124,510
Current Market Cap: CHF326.5M
See more insights into PEAN stock on TipRanks’ Stock Analysis page.