Media OutReach | HONG KONG SAR - Media Outreach - 4 April 2023 - Financial PR (Hong Kong) Limited ("Financial PR (HK)") is pleased to announce a strategic alliance
Deutsche Leibrenten AG Raises Additional Financing / Attractive Market Outlook For Property-Based Pension Plans realwire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from realwire.com Daily Mail and Mail on Sunday newspapers.
Pension fund finances continued growth of Deutsche Leibrenten AG
Media
Convertible bonds increased from 50 to 75 million euro.
Frankfurt, January 12, 2021 – Deutsche Leibrenten Grundbesitz AG is funding its strong growth with the support of noted German institutional investors. The amount of convertible bonds issued in November 2019, a total of 50 million euro, has been increased by a further 25 million euro. This activity provides the market leader in property-based pension plans with additional growth capital to increase its acquisitions by a further 50 percent this year.
“Deutsche Leibrenten AG’s property-based pension plan is the most sustainable pension product in Germany and satisfies the strict criteria of ESG-focused investors”, says its CEO, Friedrich Thiele. “We are delighted that the capital markets recognize the great potential here and appreciate the continued support of our expansion strategy.” Underpinning the bonds is an enterprise valuation of 320 mil