DGAP-News: Aves One starts 2019 business year with further rail acquisitions with a volume of about EUR 33 million

DGAP-News: Aves One starts 2019 business year with further rail acquisitions with a volume of about EUR 33 million

WKN: A16811 ISIN: DE000A168114 Aves One AG

10,70 EUR
EUR %
21.05.2019 - 15:32
28.03.2019 09:30:03

DGAP-News: Aves One AG / Key word(s): Acquisition
Aves One starts 2019 business year with further rail acquisitions with a volume of about EUR 33 million

28.03.2019 / 09:30
The issuer is solely responsible for the content of this announcement.


Corporate News

Aves One starts 2019 business year with further rail acquisitions with a volume of about EUR 33 million

Hamburg, 28 March 2019 - Aves One AG, a strongly growing logistics asset holder, has signed further agreements to expand its portfolio. Since the beginning of 2019, transactions with a volume of EUR 32.5 million have been concluded -including the acquisition of 234 flat cars, 40 tank cars and 80 container transport cars. Together with the contracts concluded last year, deliveries of freight and tank cars with a volume of more than EUR 45 million have already been fixed for 2019. This increases Aves One's asset portfolio in the Rail segment to more than 9,300 freight cars with a volume of over EUR 570 million.

All acquired freight cars are leased on a long-term basis. Asset management of the acquired assets is carried out by the two renowned asset managers Wascosa, Lucerne, and ERR European Rail Rent, Duisburg.

"We are continuing our growth course with continuous acquisitions," says Jürgen Bauer, CEO of Aves One AG. "Not least because of the excellent market situation in the freight transport sector, we want to remain active on the acquisition side and further strengthen our portfolio with attractive acquisitions," Bauer continued.

About Aves One AG
Aves One AG is a strongly expanding holder of long-life logistics assets with a focus on freight cars. The portfolio also includes containers and swap bodies. The company plans to increase the value of its assets to more than EUR 1 billion by the end of 2019. With a young, profitable freight car portfolio, Aves One is one of the leading holders of rail logistics assets in Europe. The strategy is geared to constant optimisation of Aves One's stock and further expansion of the logistics portfolio. Based in Hamburg, Aves One AG is listed on the regulated market (Prime Standard) of the Frankfurt Stock Exchange (ISIN: DE000A168114; WKN: A16811).

For further information
www.avesone.com

Contact
Aves One AG
Jürgen Bauer, CEO
T +49 (40) 696 528 350
F +49 (40) 696 528 359
E ir@avesone.com



28.03.2019 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

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Language: English
Company: Aves One AG
Große Elbstrasse 61
22767 Hamburg
Germany
Phone: 040 696528 350
Fax: 040 696528 359
E-mail: ir@avesone.com
Internet: www.avesone.com
ISIN: DE000A168114
WKN: A16811
Listed: Regulated Market in Frankfurt (Prime Standard), Hamburg, Hanover; Regulated Unofficial Market in Berlin, Dusseldorf, Stuttgart; London
EQS News ID: 792675

 
End of News DGAP News Service

792675  28.03.2019 

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