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The latest announcement is out from Peach Property Group AG ( (CH:PEAN) ).
Peach Property Group AG has agreed to sell around 2,000 residential and commercial units from its non-strategic portfolio, mainly in North Rhine-Westphalia and other scattered German locations, to an institutional investor, representing about 38% of its non-core holdings. Although the confidential purchase price is below the assets’ book value, implying a negative impact of roughly EUR 0.65 per share on net tangible assets, the deal will generate more than EUR 40 million in net cash after liabilities, costs and taxes, bolstering liquidity for the implementation of the group’s strategy to concentrate on a high-yield core portfolio and finance further operational optimisation, with completion expected in the first half of 2026 and additional smaller disposals of non-strategic assets planned.
The most recent analyst rating on (CH:PEAN) stock is a Buy with a CHF8.40 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 Zurich-headquartered real estate investor focused on rental apartments in Germany, particularly high-yield properties in Tier II cities around major metropolitan areas, with activities spanning the full value chain from site evaluation and acquisition to active asset management and leasing or sale. The group also selectively develops residential properties in Switzerland for sale as condominiums, and is listed on the SIX Swiss Exchange with its German operations based in Cologne.
Average Trading Volume: 24,912
Current Market Cap: CHF341.5M
Find detailed analytics on PEAN stock on TipRanks’ Stock Analysis page.