DGAP-News: Aves One AG

DGAP-News: Aves One AG: Swap body portfolio considerably expanded to EUR 18m

DGAP-News: Aves One AG / Key word(s): Miscellaneous Aves One AG: Swap body portfolio considerably expanded to EUR 18m

28.12.2016 / 15:23 The issuer is solely responsible for the content of this announcement.

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Swap body portfolio considerably expanded to EUR 18m

Hamburg, 28 December 2016 - In addition to its core areas of Rail and Container Equipment, Aves One AG is also steadily expanding its Special Equipment area, where investments in swap bodies deserve particular mention. Swap bodies are transport containers with support legs and are in great demand particularly by the courier, express and parcel industry in Europe. The Aves Group collaborates closely with leading swap body managers here. Swap bodies are each provided with long-term lease contracts that generate a stable cash flow. The swap bodies that have been acquired are leased essentially to internationally renowned companies that provide logistics services. The Aves Group operates with swap bodies in a market that is on a smaller scale than the sea container market, but in return is more profitable and represents an ideal complement to Container Equipment.

As well as the transactions carried out in the swap bodies area in 2015 and early 2016, a total of 714 used and leased swap bodies with an investment volume of around TEUR 3,811 were acquired in the third quarter of 2016, and are being leased to renowned logistics service providers through a leading European swap body manager. Altogether 1,996 swap bodies with a total investment volume of TEUR 13,634 have been acquired so far in the fourth quarter of 2016. Based on the transactions concluded, the high rental yields expected in this area are achievable.

As a result of the purchase contracts concluded in this area up to now, the total volume of swap bodies acquired by Aves already amounts to around EUR 18m. Although this business division is quite small compared to the total assets volume of more than EUR 450m managed by the Aves One Group, it does represent an exceptionally good addition to the other assets due to its attractive return/risk profile, and it is to undergo further steady expansion.

More information: www.avesone.com

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

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28.12.2016 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.

The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.dgap.de

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Language: English Company: Aves One AG Große Elbstrasse 45 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



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533147 28.12.2016