The Grounds Real Estate Development AG · ISIN: DE000A2GSVV5 · EQS - Company News

The Grounds closes the first half-year of 2024 with a loss, and confirms the revised annual forecast

The Grounds closes the first half-year of 2024 with a loss, and confirms the revised annual forecast Consolidated sales revenues decline to EUR 8.7 million (First half / 2023: EUR 16.2 million) Group EBIT of EUR -4.3 million following EUR 0.4 million in the first half of 2023 Consolidated balance sheet total reduced by around EUR 8.1 million to EUR 139.5 million (31 December 2023: EUR 147.8 million) EBIT for the whole year expected to be between EUR -7 million and EUR -9 million Berlin, 26.0...

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Corporate News The Grounds Real Estate Development AG

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26 September 2024 08:00AM
The Grounds closes the first half-year of 2024 with a loss, and confirms the revised annual forecast
The Grounds closes the first half-year of 2024 with a loss, and confirms the revised annual forecast Consolidated sales revenues decline to EUR 8.7 million (First half / 2023: EUR 16.2 million) Group EBIT of EUR -4.3 million following EUR 0.4 million in the first half of 2023 Consolidated balance sheet total reduced by around EUR 8.1 million to ...
The Grounds Real Estate Development AG
20 September 2024 08:30AM
Shareholders of The Grounds Approve Capital Increase with a Clear Majority
Shareholders of The Grounds Approve Capital Increase with a Clear Majority Capital increase by up to EUR 53.4 million after prior capital reduction at a ratio of 2:1 Major milestone reached in the implementation of the announced potential partnership with H.I.G. Capital Berlin, 20 September 2024 – The shareholders of The Grounds Real Estate Devel...
The Grounds Real Estate Development AG
20 September 2024 08:30AM
Shareholders of The Grounds Approve Capital Increase with a Clear Majority
Shareholders of The Grounds Approve Capital Increase with a Clear Majority Capital increase by up to EUR 53.4 million after prior capital reduction at a ratio of 2:1 Major milestone reached in the implementation of the announced potential partnership with H.I.G. Capital Berlin, 20 September 2024 – The shareholders of The Grounds Real Estate Devel...
The Grounds Real Estate Development AG
09 August 2024 09:09PM
Capital measures with participation of H.I.G. Capit
  Ad-hoc announcement pursuant to Article 17 of the MAR(Market Abuse Regulation)   -Capital measures with participation of H.I.G. Capital –   Announced potential partnership with H.I.G. Capital is now to be implemented Capital increase by up to EUR 53.4 million with prior capital reduction at a ratio of 2:1 Further increase of the bond issu...
The Grounds Real Estate Development AG
29 April 2024 08:00AM
The Grounds ends 2023 with a decline in sales revenues and negative consolidated earnings - positive outlook for financial year 2024
The Grounds ends 2023 with a decline in sales revenues and negative consolidated earnings - positive outlook for financial year 2024 Consolidated sales revenues reduced to EUR 23.9 million (previous year: EUR 36.8 million) Consolidated EBIT declines to EUR -4.8 million (previous year: EUR 3.4 million) Consolidated balance sheet total increases b...
The Grounds Real Estate Development AG
29 April 2024 08:00AM
The Grounds ends 2023 with a decline in sales revenues and negative consolidated earnings - positive outlook for financial year 2024
The Grounds ends 2023 with a decline in sales revenues and negative consolidated earnings - positive outlook for financial year 2024 Consolidated sales revenues reduced to EUR 23.9 million (previous year: EUR 36.8 million) Consolidated EBIT declines to EUR -4.8 million (previous year: EUR 3.4 million) Consolidated balance sheet total increases b...
The Grounds Real Estate Development AG
24 April 2024 08:45AM
The Grounds announces the sale of all residential units in its “Maggie” project in Berlin-Lichtenberg
The Grounds announces the sale of all residential units in its “Maggie” project in Berlin-Lichtenberg 27 new residential units sold New building in the courtyard area and loft conversion in the portfolio Ongoing residential unit construction projects in Magdeburg also on schedule Berlin, 24 April 2024 –The Grounds Real Estate Development AG (The...
The Grounds Real Estate Development AG
28 December 2023 06:33PM
The Grounds cancels purchase contract and receives compensation payment
The Grounds cancels purchase contract and receives compensation payment Contract for sale of Terra Homes project development in Erkner cancelled The contract was cancelled by mutual agreement at the buyer’s request Project implementation continues unchanged and on schedule by The Grounds Successful project development activities for the year as...
The Grounds Real Estate Development AG
28 December 2023 06:29PM
The Grounds Real Estate Development AG cancels purchase contract and receives compensation payment
 Ad hoc announcement pursuant to Article 17 of the Market Abuse Regulation The Grounds cancels purchase contract and receives compensation payment Berlin, 28 December 2023 – Today, The Grounds Real Estate Development AG (The Grounds / ISIN: DE000A2GSVV5)  cancelled the contract concluded on 18 March 2022 for the sale of the Terra Homes project in...
The Grounds Real Estate Development AG
28 November 2023 10:00AM
The Grounds Invites Noteholders of the 2021/2024 Convertible Bond to Vote on Its Extension on Modified Terms – With Major Noteholders Having Signalled their Approval Ahead of Time
The Grounds Invites Noteholders of the 2021/2024 Convertible Bond to Vote on Its Extension on Modified Terms – With Major Noteholders Having Signalled their Approval Ahead of Time Conversion of 2021/2024 convertible bond into corporate bond proposed, subject to an extension of its maturity by three years and an interest increase to 8% p.a. Occasi...
The Grounds Real Estate Development AG
13 October 2023 08:32AM
H.I.G. Realty Moves ahead with Strategic Investment in The Grounds
H.I.G. Realty Moves ahead with Strategic Investment in The Grounds Subsidiary of H.I.G. Capital, LLC, acquires bond issued by The Grounds over an amount of EUR 10 million Funding for investments in ongoing projects of The Grounds Equity investment by H.I.G. Capital via a capital increase under review as further option Main shareholders of The G...
The Grounds Real Estate Development AG
22 September 2023 08:00AM
The Grounds Real Estate Development AG confirms forecast in difficult market environment
The Grounds confirms forecast in difficult market environment Sales revenues and earnings decline in the first half-year Construction progress is on schedule for current projects in Berlin, Magdeburg and Erkner More than half of the newly-built residential units in the “Maggie” project in Berlin have already been sold Berlin, 22 September 2023 –...
The Grounds Real Estate Development AG
28 April 2023 08:00AM
The Grounds Real Estate Development AG remained on its growth track in 2022 in a more difficult market environment - positive outlook for 2023
The Grounds remained on its growth track in 2022 in a more difficult market environment - positive outlook for 2023 Group sales increase as planned by above 16% to EUR 36.8 million (previous year: EUR 31.6 million) Group EBIT declines to EUR 3.4 million (previous year: EUR 9.2 million) Consolidated balance sheet total rises by more than 34% to E...
The Grounds Real Estate Development AG
28 April 2023 08:00AM
The Grounds Real Estate Development AG remained on its growth track in 2022 in a more difficult market environment - positive outlook for 2023
The Grounds remained on its growth track in 2022 in a more difficult market environment - positive outlook for 2023 Group sales increase as planned by above 16% to EUR 36.8 million (previous year: EUR 31.6 million) Group EBIT declines to EUR 3.4 million (previous year: EUR 9.2 million) Consolidated balance sheet total rises by more than 34% to E...
The Grounds Real Estate Development AG
19 October 2022 12:00PM
Surrounding area grows more strongly than Berlin
EQS-Media / 19.10.2022 / 12:00 CET/CEST PRESS RELEASE   The Grounds Surrounding Area Report Berlin 2022:Surrounding area grows more strongly than Berlin Expert's report by IW Cologne commissioned by The Groundsanalyses housing markets in Berlin and 53 surrounding communities Number of inhabitants increased in the last 10 years in all muni...
The Grounds Real Estate Development AG
19 October 2022 12:00PM
Surrounding area grows more strongly than Berlin
EQS-Media / 19.10.2022 / 12:00 CET/CEST PRESS RELEASE   The Grounds Surrounding Area Report Berlin 2022:Surrounding area grows more strongly than Berlin Expert's report by IW Cologne commissioned by The Groundsanalyses housing markets in Berlin and 53 surrounding communities Number of inhabitants increased in the last 10 years in all muni...
The Grounds Real Estate Development AG
23 September 2022 08:00AM
The Grounds Real Estate Development AG quadruples Group sales and significantly increases half-year earnings
The Grounds quadruples Group sales and significantly increases half-year earnings Group sales more than quadrupled to EUR 21.4 million compared to previous year Group EBIT rises by around 81% to EUR 2.9 million (H1 2021: EUR 1.6 million); consolidated profit after tax of EUR 1.5 million (H1 2021: EUR 0.0 million) Successful sales and growing ren...
The Grounds Real Estate Development AG
23 September 2022 08:00AM
The Grounds Real Estate Development AG quadruples Group sales and significantly increases half-year earnings
The Grounds quadruples Group sales and significantly increases half-year earnings Group sales more than quadrupled to EUR 21.4 million compared to previous year Group EBIT rises by around 81% to EUR 2.9 million (H1 2021: EUR 1.6 million); consolidated profit after tax of EUR 1.5 million (H1 2021: EUR 0.0 million) Successful sales and growing ren...
The Grounds Real Estate Development AG
31 August 2022 08:00AM
The Grounds Real Estate Development AG acquires residential property with densification potential in Berlin-Lichtenberg
CORPORATE NEWS The Grounds acquires residential property with densification potential in Berlin-Lichtenberg - Existing residential building with 22 residential units and building permits for attic extension and courtyard development - Popular residential area in Weitlingkiez with very good transport links - Transfer of portfolio to fixed assets...
The Grounds Real Estate Development AG
31 August 2022 08:00AM
The Grounds Real Estate Development AG acquires residential property with densification potential in Berlin-Lichtenberg
CORPORATE NEWS The Grounds acquires residential property with densification potential in Berlin-Lichtenberg - Existing residential building with 22 residential units and building permits for attic extension and courtyard development - Popular residential area in Weitlingkiez with very good transport links - Transfer of portfolio to fixed assets...
The Grounds Real Estate Development AG
13 July 2022 08:00AM
The Grounds acquires a 5,560 m2 plot in Königs Wusterhausen
The Grounds acquires a 5,560 m2 plot in Königs Wusterhausen - Residential building project planned - Attractive location southeast of Berlin Berlin, 13.07.2022 – The Grounds Real Estate Development AG (The Grounds / ISIN: DE000A2GSVV5) concluded the contract to purchase a 5,560 m2 plot of land in Königs Wusterhausen yesterday. Once legal buildin...
The Grounds Real Estate Development AG
13 July 2022 08:00AM
The Grounds Real Estate Development AG: The Grounds acquires a 5,560 m2 plot in Königs Wusterhausen
The Grounds acquires a 5,560 m2 plot in Königs Wusterhausen - Residential building project planned - Attractive location southeast of Berlin Berlin, 13.07.2022 – The Grounds Real Estate Development AG (The Grounds / ISIN: DE000A2GSVV5) concluded the contract to purchase a 5,560 m2 plot of land in Königs Wusterhausen yesterday. Once legal buildin...
The Grounds Real Estate Development AG
13 June 2022 08:00AM
Magdeburg City Council approves land development plan and sets course for the future of Börde Bogen
Magdeburg City Council approves land development plan and sets course for the future of Börde Bogen - Resolution adopted on 9 June 2022 - Building plot with 67,870 m2 of gross floor area Berlin, 13 June 2022 – In its meeting on Thursday, 9 June 2022, Magdeburg City Council approved the building development plan memorandum for the "Southern Sieve...
The Grounds Real Estate Development AG
26 April 2022 03:22PM
The Grounds Real Estate Development AG entirely sells the 'Property Garden' in Magdeburg
CORPORATE NEWS The Grounds entirely sells the "Property Garden" in Magdeburg - Project development with 64 residential units in Magdeburg - Attractive location with excellent infrastructure - Completion planned for June 2024 Berlin, 26 April 2022 - The Grounds Real Estate Development AG (The Grounds / ISIN: DE000A2GSVV5), only around eight mon...
The Grounds Real Estate Development AG
13 April 2022 08:00AM
The Grounds Real Estate Development AG successfully closes the 2021 financial year, and again increases consolidated EBIT and Group earnings
CORPORATE NEWS The Grounds successfully closes the 2021 financial year, and again increases consolidated EBIT and Group earnings - Consolidated sales revenues of EUR 31.6 million at previous year's level - EBIT increases considerably by 50% to EUR 9.2 million - Consolidated profits amounting to EUR 5.1 million - Balance sheet total exceeds the...
The Grounds Real Estate Development AG
01 April 2022 01:00PM
The Grounds Real Estate Development AG acquires a residential complex in Fehrbellin
CORPORATE NEWS The Grounds acquires a residential complex in Fehrbellin - 24 residential units with 1,503 m2 of total rentable area - Purchase is for the existing portfolio Berlin, 01.04.2022 - The Grounds Real Estate Development AG (The Grounds / ISIN: DE000A2GSVV5) has acquired a plot of land with a residential complex in Fehrbellin (Brandenb...
The Grounds Real Estate Development AG
18 March 2022 01:06PM
The Grounds Real Estate Development AG sells Terra Homes project development in Erkner near Berlin in the context of a forward sale
CORPORATE NEWS The Grounds sells Terra Homes project development in Erkner near Berlin in the context of a forward sale - 17 newly-built semi-detached houses with an innovative energy concept - Located in the countryside in the neighbourhood of the new Tesla factory Berlin, 18.03.2022 - Today, the Grounds Real Estate Development AG (The Grounds...
The Grounds Real Estate Development AG
22 December 2021 02:25PM
The Grounds Real Estate Development AG gains joint venture partner for Börde Bogen project development in Magdeburg
CORPORATE NEWS The Grounds gains joint venture partner for Börde Bogen project development in Magdeburg - Stonehedge acquires 51% stake - Around 67,882 m2 of gross floor area - Attractive location with excellent infrastructure Berlin, 22.12.2021 - The Grounds Real Estate Development AG (The Grounds / ISIN: DE000A2GSVV5) concluded a contract t...
The Grounds Real Estate Development AG
04 October 2021 03:55PM
The Grounds Real Estate Development AG: Increase of convertible bond 2021/2024 (ISIN: DE000A3H3FH2) by EUR 4.8 million considerably oversubscribed
The Grounds Real Estate Development AG: Increase of convertible bond 2021/2024 (ISIN: DE000A3H3FH2) by EUR 4.8 million considerably oversubscribed Ad-hoc notice pursuant to Article 17 of the Market Abuse Directive   Berlin, 4 October 2021 - The Grounds Real Estate Development AG (ISIN DE000A2GSVV5) has received subscription applications fo...
The Grounds Real Estate Development AG
29 September 2021 05:55PM
The Grounds Real Estate Development AG significantly expands operative business and resolves a further capital market measure
CORPORATE NEWS The Grounds significantly expands operative business and resolves a further capital market measure - Sales revenues increased sevenfold to EUR 4.9 million - Fixed assets grow by 40%, inventories by 51% - EBIT of EUR 1.6 million is 13.3% above previous year's level - Management Board and Supervisory Board resolve increase in the ...
The Grounds Real Estate Development AG
29 September 2021 05:50PM
The Grounds Real Estate Development AG increases the convertible bond 2021/2024 (ISIN: DE000A3H3FH2) by up to EUR 4.8 million to up to EUR 16.8 million
The Grounds Real Estate Development AG increases the convertible bond 2021/2024 (ISIN: DE000A3H3FH2) by up to EUR 4.8 million to up to EUR 16.8 million Ad-hoc notice pursuant to Article 17 of the Market Abuse Directive Berlin, 29 September 2021 - The Grounds Real Estate Development AG has resolved to increase the convertible bond 2021/2024 (ISIN:...
The Grounds Real Estate Development AG
02 September 2021 08:00AM
The Grounds Real Estate Development AGstarts marketing for terraced houses in Dallgow-Döberitz
CORPORATE NEWS The Grounds starts marketing for terraced houses in Dallgow-Döberitz - 28 spacious terraced houses "Am Reitplatz" (at the Riding School) - An optimum suburban location to the west of Berlin - Fully let - suitable for capital investors or owner-occupiers Berlin, 02.09.2021 -The Grounds Real Estate Development AG (The Grounds / IS...
The Grounds Real Estate Development AG
30 August 2021 08:00AM
The Grounds Real Estate Development AG: Annual General Meeting approves all agenda items with a large majority - Timo Tschammler elected as the new Chairman of the Supervisory Board
CORPORATE NEWS Annual General Meeting approves all agenda items with a large majority Timo Tschammler elected as the new Chairman of the Supervisory Board of The Grounds Berlin, 30.08.2021 - The Annual General Meeting of The Grounds Real Estate Development AG (The Grounds / ISIN: DE000A2GSVV5) approved all the agenda items with a large majority....
The Grounds Real Estate Development AG
16 July 2021 08:00AM
The Grounds Real Estate Development AG: he Grounds acquires another residential property in the surroundings of Berlin
CORPORATE NEWS The Grounds acquires another residential property in the surroundings of Berlin - Purchase of a residential park with 24 residential units and eight garage         parking spaces in Kremmen - Located directly adjacent to the Sana Clinic - Property is intended for the fixed assets portfolio of The Grounds   Berlin, 16.07.2021 - ...
The Grounds Real Estate Development AG
02 July 2021 06:00AM
The Grounds Real Estate Development AG: Timo Tschammler is to become a member of the Supervisory Board of The Grounds
CORPORATE NEWS Timo Tschammler is to become a member of the Supervisory Board of The Grounds - Proven real estate property expert with extensive knowledge of the market and managerial experience - Hansjörg Plaggemars steps down from Supervisory Board mandate at the end of the ordinary Annual General Meeting Berlin, 2 July 2021 - At the ordinary...
The Grounds Real Estate Development AG
23 June 2021 07:58AM
The Grounds Real Estate Development AG triples EBIT and multiplies net profit in 2020
CORPORATE NEWS The Grounds triples EBIT and multiplies net profit in 2020 Consolidated sales revenues +125 % to EUR 31.3 million EBIT tripled to EUR 6.1 million Consolidated profit after taxation increased to EUR 4.0 million Balance sheet total doubled to more than EUR 87.4 million   Berlin, 23 June 2021 - The Grounds Real Estate Development ...
The Grounds Real Estate Development AG
27 January 2021 08:07AM
The Grounds Real Estate Development AG issues convertible bond with a volume of up to EUR 12 million - commitments amounting to EUR 5 million have already been received
CORPORATE NEWS The Grounds Real Estate Development AG issues convertible bond with a volume of up to EUR 12 million - commitments amounting to EUR 5 million have already been received - Issue of a convertible bond with shareholders' subscription rights, with a volume of up to EUR 12 million and with an interest rate of 6% and a three-year term -...
The Grounds Real Estate Development AG
26 January 2021 09:13PM
The Grounds Real Estate Development AG: The Grounds Real Estate Development AG issues convertible bond
Berlin, 26 January 2021 - The Grounds Real Estate Development AG has resolved to issue a convertible bond with subscription rights for shareholders. Commitments by major investors amounting to EUR 5,000,000 are already available to the company, and the total volume amounts to up to EUR 12,000,000. Existing shareholders have submitted declarations s...
The Grounds Real Estate Development AG
10 December 2020 01:18PM
The Grounds Real Estate Development AG:
CORPORATE NEWS The Grounds sells commercial property in Grünheide (Mark) and doubles 2020 earnings forecast - A further increase in the 2020 earnings forecast from EUR 2 million to the present EUR 4 million after taxes - An additional purchase price payment of up to EUR 9.75 million in the future - Another step on the pathway to a purely reside...
The Grounds Real Estate Development AG
10 December 2020 01:15PM
The Grounds Real Estate Development AG sells commercial property in Grünheide (Mark) and doubles 2020 earnings forecast
Ad hoc announcement pursuant to Article 17 of the Market Abuse Regulation The Grounds sells commercial property in Grünheide (Mark) and doubles 2020 earnings forecast   Berlin, 10.12.2020 The Grounds Real Estate Development AG (The Grounds) concluded today a contract for the sale of a commercial property from fixed assets, which will already be ...
The Grounds Real Estate Development AG
20 November 2020 08:00AM
The Grounds Real Estate Development AG gains Armin H. Hofmann as an additional strategic major shareholder and future Supervisory Board member
CORPORATE NEWS The Grounds gains Armin H. Hofmann as an additional strategic major shareholder and future Supervisory Board member - Armin H. Hofmann acquires a shareholding of around 17% in The Grounds - Deutsche Balaton Group reduces its participation, and in future will hold around 16% of the shares in The Grounds - Change in the Supervisory...
The Grounds Real Estate Development AG
02 November 2020 08:00AM
The Grounds Real Estate Development AG: Thomas Schäfer-Aabakke Becomes Head of Corporate Finance & Accounting for The Grounds Real Estate Development AG
Corporate News Thomas Schäfer-Aabakke Becomes Head of Corporate Finance & Accounting for The Grounds Real Estate Development AG - Corporate finance expert with long-term experience in the real estate industry - Senior management team reinforced in the wake of management board appointments earlier this year Berlin, 2 November 2020 - As of 1 ...
The Grounds Real Estate Development AG
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