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Peach Property to Sell 2,000 Residential, Commercial Units in Germany to Streamline Portfolio

MT Newswires·12/23/2025 01:32:34
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01:32 AM EST, 12/23/2025 (MT Newswires) -- Peach Property Group (PEAN.SW) plans to sell 2,000 residential and commercial units from its non-strategic portfolio in Germany. The sale is part of the residential real estate investor's portfolio streamlining and accounts for 38% of the company's non-strategic portfolio. Peach Property said in a Tuesday release that the sale price is confidential but is below the book value of the properties. Closing is expected in the first half of 2026. Peach Property expects a cash inflow of 40 million euros after liabilities, transaction costs, and taxes. The company plans to use the inflow to fund upcoming strategic business measures.