on CGRE AG (isin : DE000A0N3EU3)
CGRE AG Transfers 4,000,000 Bearer Shares to CG Commercial Asset GmbH
On June 27, 2024, CGRE AG announced the successful completion of its capital increase initially announced on February 19, 2024. The capital increase facilitated the transfer of 4,000,000 newly created bearer shares to CG Commercial Asset GmbH, as part of an agreement with Gröner Group AG. This move increased CGRE AG's share capital from EUR 2,000,000.00 to EUR 6,000,000.00, excluding shareholders' subscription rights.
The transaction grants CGRE AG an indirect 89.9% stake in five real estate projects managed by Gröner Group AG, Berlin. This strategic move aims to bolster CGRE AG's asset portfolio and strengthen its market position.
R. P.
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