BankM AG
BankM – Repräsentanz der FinTech Group Bank AG: Listing of FCR Immobilien AG at Frankfurt Stock Exchange (Scale)
BankM: Listing of FCR Immobilien AG at Frankfurt Stock Exchange (Scale) Frankfurt, 09 November 2018 – BankM – Representative Office of FinTech Group Bank AG (“BankM”) has supported the introduction of FCR Immobilien AG into the Scale market segment of the Frankfurt Stock Exchange as an applying Capital Market Partner, also supporting the company in structuring. BankM will continue to support the real estate investor active throughout Germany on the capital market and, as Designated Sponsor, will ensure liquid trading of the FCR shares (WKN A1YC91, ISIN DE000A1YC913) which has been tradable since Wednesday. The successful flotation was carried out according to plan by way of a listing by including all existing 4,219,588 FCR shares in the Scale segment. The group of shareholders consists of institutional and private investors. With the listing, FCR Immobilien AG has reached another important milestone in the course of its strong and sustainable corporate growth. Over the course of the year, the portfolio has grown to 44 properties, and the total lettable area is currently around 200,000 m². As a result, sales revenues rose to over EUR 18 million in the first nine months and are therefore already higher than in 2017 as a whole (EUR 16.4 million). “We are delighted with the successful launch of FCR Immobilien AG on the scale. Especially in the current stock market environment, the listing is very positive news”, explains Ralf Hellfritsch, founding partner of BankM and responsible for the project.
About FCR Immobilien AG: The dynamically growing FCR Immobilien AG is an investor specialising in shopping centres and specialist retail parks in Germany. The focus is on properties in promising secondary locations that offer above-average return potential due to their location. In addition to a favorable purchase price, the success of FCR Immobilien AG is based on value-creating asset management and the successful sale of optimized portfolio properties. FCR Immobilien AG’s portfolio currently consists of more than 40 properties with a rentable area of around 200,000 m². The tenants include well-known brands such as EDEKA, Netto, ROSSMANN, OBI, REWE and ALDI.
About BankM – Representative Office of FinTech Group Bank AG: Since 2007, BankM – representative office of FinTech Group Bank AG (Frankfurt am Main, Germany) is the partner of small and mid-sized enterprises and specialising in capital market financing with its experienced, interdisciplinary team. Around 100 SME customers benefit from individual service and rapid access to selected investors that fit their needs. BankM’s services include capital market advisory, arranging IPOs and capital increases for equity financing, debt advisory and financing, designated sponsoring, research and M&A. Based in Frankfurt am Main, Germany, BankM is a legally dependent branch of FinTech Group Bank AG and is integrated into the banking and regulatory structures of FinTech Group Bank AG. FinTech Group Bank AG has a full banking licence for all types of banking business in compliance with the German Banking Act, underlies the statutory Deposit Guarantee Scheme of the Entschädigungseinrichtung deutscher Banken GmbH (EdB) and also operates as a “white-label bank” (e.g. for ViTrade and flatex). Each year, FinTech Group Bank AG handles over 12 million securities orders and currently has assets under administration of over EUR 11 billion. The balance sheet total is of well over EUR 1 billion (as of June 2018).
Ralf Hellfritsch
This announcement does not constitute a recommendation or an offer or a solicitation of an offer for the purchase, sale or subscription of any mentioned securities. It does not serve any investment advice but general information purposes only. End of Media Release Issuer: BankM – Repräsentanz der FinTech Group Bank AG Key word(s): Finance
09.11.2018 Dissemination of a Press Release, transmitted by DGAP – a service of EQS Group AG. |