Freitag, 20. Juli 2018

Noratis AG: Portfolio developer of residential properties debuts on the stock exchange

Eschborn, (lifePR) - .

- Successful listing and inclusion of shares in the Scale Segment
- Use of gross proceeds of EUR 17.25 million to be used to realize growth opportunities for residential properties with development potential on the outskirts of urban areas

Noratis AG (, a dynamically growing portfolio developer of residential real estate ("Noratis"), has successfully completed its IPO, becoming the second IPO in the newly founded Scale segment. As of today, the shares of Noratis (ISIN: DE000A2E4MK4, WKN: A2E4MK) are being traded in the Frankfurt Stock Exchange Open Market. Trading started on the level of the placement price (EUR 18.75). CEO Igor Christian Bugarski and CFO André Speth rang the bell on the trading floor for the first price.

"After this strategically crucial step for our company, we now need to focus on our operational business. With the proceeds from the IPO we want to continue our growth over the past few years by successively expanding our real estate portfolio and benefiting from increased financial flexibility regarding acquisition opportunities. At the same time, we are planning to distribute about half of the annual net income to our shareholders. As a strongly growing company with a high payout ratio we want to enrich the universe of listed stocks," explains André Speth.

Igor Christian Bugarski adds, "We continue to see great market and growth potential. Our focus is on properties with development potential, mostly housing estates, employee housing and quarters of the 1950s to the 1970s. There are around 18 million residential units built in these decades. We regularly identify structural and/or commercial value enhancement potentials in these assets. This can be years of maintenance backlog or a high vacancy rate. We address these issues with our development measures. In this way, Noratis preserves and creates housing with an attractive price/performance ratio for medium and small incomes."

The supporting issuing bank is ICF BANK AG as Sole Global Coordinator and Sole Bookrunner.


This publication constitutes neither an offer to sell nor a solicitation to buy or subscribe to securities. Any such offer was solely made on the basis of the securities prospectus published as approved by the Bundesanstalt für Finanzdienstleistungsaufsicht (BaFin). The information legally required to be provided to investors is contained only in the securities prospectus. The securities prospectus dated 19 June 2017 is available free of charge on the internet at the website of the issuer and during normal business hours at the issuer.

The information contained herein is not for distribution, directly or indirectly, in or into the United States of America (including its territories and possessions of any State of the United States of America or the District of Columbia) and must not be distributed to U.S. persons (as defined in Regulation S of the U.S. Securities Act of 1933, as amended ("Securities Act")) or publications with a general circulation in the United States of America. This publication constitutes neither an offer to sell nor a solicitation to buy or subscribe to securities in the United States of America. The securities have not been and will not be registered under the Securities Act and may not be offered or sold in the United States of America absent of registration, unless there is an exemption from registration under the Securities Act. The issuer does not intend to register any portion of the offering in the United States of America or to conduct a public offering of the securities in the United States of America.

This publication is only addressed to and directed at persons in member states of the European Economic Area (other than Germany) who are "qualified investors" within the meaning of Article 2(1)(e) of the Prospectus Directive (Directive 2003/71/EC as amended) ("Qualified Investors"). In addition, in the United Kingdom, this publication is being distributed only to, and is directed only at, Qualified Investors who (i) are persons who have professional experience in matters relating to investments falling within Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005, as amended (the "Order"), (ii) are high net worth entities falling within Articles 49(a) to (d) of the Order, or (iii) other persons to whom it may otherwise lawfully be communicated (all such persons together being referred to as "relevant persons"). Any investment or investment activity to which this publication relates is only available to and will only be engaged in with (i) in the United Kingdom, relevant persons, and (ii) in any member state of the European Economic Area other than the United Kingdom, Qualified Investors. Any other persons who receive this publication in the European Economic Area (other than Germany) should not rely on or act upon it.

This publication is not an offer of securities for sale in Canada, Japan or Australia.

noratis GmbH

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