Berlin, 6 October 2017. The Management Board of The Grounds Real Estate Development AG (ISIN DE000A0STSH7) has been able to report on successful transactions of the new operating subsidiary The Grounds Real Estate AG: In the past few days, two purchase contracts for properties in Frankfurt am Main and Neu-Isenburg have been concluded.
Berlin, 2 October 2017. Today the Management Board of The Grounds Real Estate Development AG revised their forecast for the financial years 2017 and 2018. The reasons being various real estate sales and purchases in the past few weeks including today's purchase agreement, which was concluded for a still-to-be developed plot.