Press releases

General information on The Grounds Real Estate Development AG.

The Grounds Real Estate Development AG acquires land close to the new Tesla Gigafactory.

Berlin – The Grounds Real Estate Development AG has acquired almost 10,000 m² of land close to the new Tesla Gigafactory being built in Erkner / Hohenbinde...

Jacopo Mingazzini appointed member of the Management Board of The Grounds Real Estate Development AG

Berlin – The Supervisory Board of The Grounds Real Estate Development AG (The Grounds) appointed Jacopo Mingazzini to be a member of the company’s Management Board with effect as of 1 August 2020...

The Grounds Real Estate Development AG takes over Capstone Opportunities AG, Berlin, in the course of a non-cash capital increase

Berlin – The Management Board and Supervisory Board of The Grounds Real Estate Development AG (The Grounds) resolved yesterday to take over the majority of Capstone Opportunities AG, Berlin, against the issue of new shares...

The Grounds closes 2019 with group consolidated sales revenues of EUR 13.9 million and a slightly positive group consolidated result.

Berlin – The Grounds with group consolidated EUR 13.9 million in the 2019 financial year (previous year: EUR 31.1 million), achieved earnings before interest and taxes (EBIT) of EUR 2.0 million (previous year: EUR 11.4 million) and, after taxes of EUR 54 thousand (previous year: EUR 4.2 million), a slightly positive group consolidated result...

The Grounds acquires portfolio of 250 residential and 15 commercial units for its real estate holdings

Berlin – The Grounds Real Estate Development AG has significantly expanded its property holding by today’s signature of a purchase contract for a real estate portfolio with 250 residential and 15 commercial units...

Page 6 of 12