Berlin, September 18, 2026 – The Grounds Real Estate Development AG (The Grounds / ISIN: DE000A40KXL9) generated consolidated revenue of EUR 10.0 million in fiscal year 2025, thereby meeting its projected revenue target of EUR 9 million to EUR 11 million. Consolidated EBIT came in at EUR -3.0 million, below the forecast of a break-even ...
Ad hoc disclosure
Pursuant to Section 17 of the Market Abuse Regulation, The Grounds Real Estate Development AG is obliged to publish insider information, which directly affects itself as an issuer without delay for a period of five years on its web site.
The Grounds: Conversion of the EUR 17 million bond issued in 2023/2024 into a hybrid bond
Berlin, December 18, 2025 – The Grounds Real Estate Development AG (“The Grounds” / ISIN: DE000A40KXL9) has agreed with a fund vehicle managed by H.I.G. Capital (“Investor”) to convert the EUR 17 million bond issued by the Investor in 2023/2024 into a hybrid bond. This will result in the bond being reported as equity in ...
The Grounds takes over asset management for companies in the Ziegert Group and confirms revenue and earnings forecast for 2025
Berlin, 21 August 2025 – As previously announced in the ad hoc announcement dated 16 June 2025, The Grounds Real Estate Development AG (The Grounds / ISIN: DE000A40KXL9) has concluded agreements to take over asset management on behalf of the H.I.G. Capital Group for companies belonging to the insolvent Ziegert Group. These companies hold a ...
Management Board negotiating potential takeover of asset management for individual companies of the insolvent Ziegert Group
Berlin, 16. June 2025 – The Management Board of The Grounds Real Estate Development AG (“Company”/ ISIN: DE000A40KXL9) is in discussions with the H.I.G. Capital Group, which also includes the Company’s principal shareholder, regarding the potential takeover of asset management for individual companies of the insolvent Ziegert Group. The conclusion of a corresponding agreement is, of ...
The Grounds acquires a single-family house portfolio in Potsdam and surrounding area
Berlin, 19. December 2024 –Today, The Grounds Real Estate Development AG (The Grounds / ISIN: DE000A2GSVV5) concluded a contract to acquire a portfolio of single-family houses. This purchase involves a total of 79 leased terraced and semi-detached houses located in Potsdam and the surrounding area. The purchase price amounts to EUR 20 million. Company contact:The ...
The Grounds Real Estate Development AG: EUR 40 million of equity capital secured
Berlin, 18 December 2024 – Today, The Grounds Real Estate Development AG (The Grounds / ISIN: DE000A2GSVV5) announces that the implementation of the capital increase, in the context of which a fund managed by H.I.G. Capital is participating in The Grounds with a volume of around EUR 40 million, has been secured. The various conditions ...