Change in Coreo AG Shareholding Structure

On February 22, 2024, Coreo AG, a real estate investor based in Frankfurt, announced a significant change in its shareholding structure. The company has been notified in accordance with Section 20 of the German Stock Corporation Act (AktG) that FLORA S.A., based in Luxembourg, now holds less than 25% of the company's shares. This change could have significant implications for Coreo AG's future strategy and governance.

Coreo AG specializes in opportunistic real estate investment, focusing primarily on residential and commercial properties with significant appreciation potential or in need of development, preferably in medium-sized city centers. The company's goal is to build a high-yield real estate portfolio, managed efficiently.