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Last SFr.10.70 CHF
Change Today -0.10 / -0.93%
Volume 500.0
PEAN On Other Exchanges
SIX Swiss Ex
As of 7:03 AM 08/3/15 All times are local (Market data is delayed by at least 15 minutes).

peach property group ag (PEAN) Snapshot

Previous Close
Day High
Day Low
52 Week High
09/25/14 - SFr.15.70
52 Week Low
02/3/15 - SFr.10.35
Market Cap
Average Volume 10 Days
Shares Outstanding
Dividend Yield
Current Stock Chart for PEACH PROPERTY GROUP AG (PEAN)

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peach property group ag (PEAN) Details

Peach Property Group AG invests in and develops residential and commercial properties primarily in Switzerland and Germany. Its property development activities include site evaluation, project planning, implementation, and marketing, as well as asset management. Peach Property Group AG is headquartered in Zurich, Switzerland.

peach property group ag (PEAN) Top Compensated Officers

Chief Executive Officer
Total Annual Compensation: SFr.661.0K
Chief Financial Officer and Chief Operating O...
Total Annual Compensation: SFr.329.0K
Chief Executive Officer of Germany and Managi...
Total Annual Compensation: SFr.253.0K
Head of Sales & Marketing
Total Annual Compensation: SFr.677.0K
Compensation as of Fiscal Year 2014.

peach property group ag (PEAN) Key Developments

Peach Property Group AG, Berli Jucker Public Co. Ltd., Annual General Meeting, Apr 09, 2015

Peach Property Group AG, Berli Jucker Public Co. Ltd., Annual General Meeting, Apr 09, 2015.

Peach Property Group AG Announces Management Changes

Peach Property Group AG announced changes to its executive management team. This comes after the recently reported downsizing of its Board of Directors in a move to further adjust its management team to the Company's new positioning in the market. This move will also entail a further reduction in Peach Property Group AG's cost base. The new personnel structure reflects the Company's focus on its value-enhancing investment property portfolio, while major, complex development projects are being completed. Going forward, the management team will comprise only four members instead of six. Renzo Fagetti (Managing Director Switzerland) and Mirco Riondato (Chief Investment Officer) will leave the Company no later than mid-2015. Renzo Fagetti will continue to be available to the Company as external real estate developer. Dr. Thomas Wolfensberger (CEO), Dr. Marcel Kucher (CFO), Bernd Hasse (Managing Director Germany) and Dr. Andreas Steinbauer (Head of Sales and Marketing) will remain on the management team. The operating property business in Switzerland will be headed directly by Chief Executive Officer Dr. Thomas Wolfensberger. Dr. Marcel Kucher will also serve as Chief Operating Officer (COO) in addition to his role as Chief Financial Officer. The company is also announcing changes to its second management level. In this context, the Technical Director in Germany and the Chief Financial Officer for Germany will leave the Company by mutual agreement and on completely amicable terms in the third quarter of 2015 after the expiry of their contracts. Given Peach Property Group AG's focus on investment properties, neither position will be filled again. As announced previously, the Company will instead create the new position of Chief Operating Officer /Head of Asset Management Germany.

Peach Property Group Seeks Acquisitions

Peach Property Group AG (SWX:PEAN) is seeking acquisitions. Thomas Wolfensberger, Chief Executive Officer of Peach Property Group, commented, "Going forward, we will look into acquiring additional portfolios so as to continue to increase the share of investment properties in our property portfolio and boost current rental income."


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