Berlin, 27 December 2023 – In the ad hoc notice on 16 December 2023, The Grounds Real Estate Development AG (The Grounds / ISIN: DE000A2GSVV5) reported on advanced negotiations for the sale of a majority stake in a real estate company. These negotiations will continue in January and will not be concluded in the current financial year. An update on the 2023 guidance is scheduled for the beginning of January 2024.
Contact:
The Grounds Real Estate Development AG
Jacopo Mingazzini, Management Board
Charlottenstraße 79-80, 10117 Berlin
+49 (0) 30 2021 6866
+49 (0) 30 2021 6849
E-Mail: info@tgd.ag
Web: www.thegroundsag.com
End of the Ad hoc announcement
