Press releases

The Grounds sells commercial property in Grünheide (Mark) and doubles 2020 earnings forecast

Berlin – The Grounds Real Estate Development AG (The Grounds/ ISIN: DE000A2GSVV5) concluded today a contract for the sale of a commercial property that will already be recognised in the current year’s income statement...

The Grounds gains Armin H. Hofmann as an additional strategic major shareholder and future Supervisory Board member

Berlin – The Grounds Real Estate Development AG (The Grounds/ ISIN: DE000A2GSVV5) has gained a new strategic major shareholder: Armin H. Hofmann...

Thomas Schäfer-Aabakke Becomes Head of Corporate Finance & Accounting for The Grounds Real Estate Development AG

Berlin – As of 1 November 2020, Thomas Schäfer-Aabakke has become the Head of Corporate Finance & Accounting for The Grounds Real Estate Development AG ("The Grounds")...

The Grounds significantly increases group result to EUR 1.0 million in first half of 2020

Berlin – The Grounds increased its consolidated net income to EUR 2.5 million in the first half of 2020 (previous year: EUR 1.8 million) and considerably improved the group result after taxes to EUR 1.0 million (previous year: EUR -0.1 million)...

The Grounds Real Estate Development AG buys two apartment blocks in Berlin

Berlin – The Grounds Real Estate Development AG (The Grounds/ISIN: DE000A2GSVV5) has acquired two apartment blocks in Berlin Pankow...