Press release

Peach Property Group repays EUR 50 million bond

Zurich, 1 July 2016 - Peach Property Group, an investor specialising in the management of residential property in Germany, yesterday repaid the corporate bond of its German subsidiary Peach Property Group (Deutschland) AG (ISIN DE000A1KQ8K4) with a nominal amount of EUR 50 million on schedule. The final amount outstanding of EUR 46.7 million was repaid from the cash flow from operating activities. This resulted from Peach Property Group's successful asset management over the past few years, in particular from the sale of the Gretag site in Regensdorf by Zurich and the commercial property "Erkrath Retail" by Düsseldorf. It was thus possible to repay the bond without having to take out new borrowing. The balance sheet ratios have improved as a result, as the Group's liabilities have fallen substantially with a simultaneous reduction in total assets. In addition, financing costs have fallen significantly. Details will be announced in the 2016 six-month financial statements, which will be published on 24 August 2016.

The 6.6% bond was issued in July 2011 and was listed in the Entry Standard on Frankfurt Stock Exchange. Shares of Peach Property Group (PEAN, ISIN CH0118530366) and the hybrid bond (PEA15, ISIN CH0305711647) are listed on the SIX Swiss Exchange.

Dr. Marcel Kucher, Chief Financial Officer with Peach Property Group, commented: "The repayment of the EUR bond from our operating cash flow is a milestone in our company's growth. This means that our equity ratio has increased again significantly and we are now in an ideal position to enjoy further profitable growth on this basis."

Contacts:

Media, investors and analysts

Dr. Thomas Wolfensberger, Chief Executive Officer and Dr. Marcel Kucher, Chief Financial Officer

+41 44 485 50 00 | investors@peachproperty.com

Media Germany

edicto GmbH, Axel Mühlhaus, Peggy Kropmanns

+49 (0) 69 90 55 05 52 | amuehlhaus@edicto.de

About Peach Property Group AG

Peach Property Group is a property investor and developer focused on investments in Germany and Switzerland. The Group stands for long time experience, competence and quality. Innovative solutions for modern housing needs, strong partnerships and a wide value chain complete the profile of the Group. The portfolio consists of an increasing number of high yield investment properties, typically in B-cities in close reach to metropolitan areas. In addition, the Group develops properties for its own portfolio or for the sale as condominium. Developments for sale focus on A-locations and encompass attractive architecture and high level furnishing for an international clientele. The business activities of the Group cover the entire value chain, from property acquisition and site selection to active asset management and finally to the sale or lease of properties.

Peach Property Group AG is headquartered in Zurich and has its German Group headquarters in Cologne. Peach Property Group AG is listed on the SIX Swiss Exchange (PEAN, ISIN CH0118530366).

For more information, see www.peachproperty.com