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PRESS RELEASE: Aves One expands rail portfolio by around EUR 110 million through fixed acquisitions

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DGAP-News: Aves One AG / Key word(s): Acquisition
Aves One expands rail portfolio by around EUR 110 million through fixed

2020-02-21 / 13:24
The issuer is solely responsible for the content of this announcement.

Corporate News

*Aves One expands rail portfolio by around EUR 110 million through
acquisitions already fixed in Q1*

_Hamburg, 21 February 2020_ - Aves One AG, a strongly growing logistics
asset holder, is further expanding its rail portfolio. In the first weeks of
the current fiscal year 2020, the volume of fixed deliveries has further
increased to a total of around EUR 110 million, 85 percent of which are new
cars. A large number of these freight cars ordered are to be delivered this
year. This increases the rail segment's asset portfolio, including the
deliveries currently fixed, to more than 11,100 freight and tank cars. The
total volume of the rail segment will thus increase to around EUR 750
million as of today.

These rail acquisitions are almost fully let. The asset management of the
portfolio is handled by Wascosa, Lucerne, and ERR European Rail Rent,

Jürgen Bauer, CEO of Aves One AG, comments: "The number of new orders show
that our company continues to grow strongly in the rail segment, especially
with new wagons. We are thus maintaining our growth rate at a high level. We
are consistently pursuing our declared focus on rail investments".

*About Aves One AG*

Aves One AG is a strongly growing 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 optimization 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).

*Further information *
www.avesone.com [1]

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

2020-02-21 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
Language: English
Company: Aves One AG
Große Elbstrasse 61
22767 Hamburg
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: 980611

End of News DGAP News Service

980611 2020-02-21

1: https://link.cockpit.eqs.com/cgi-bin/fncls.ssp?fn=redirect&url=6a63b810ae245e45cb4b6456e5f41c21&application_id=980611&site_id=vwd&application_name=news

(END) Dow Jones Newswires

February 21, 2020 07:24 ET ( 12:24 GMT)

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