Deutsche Leibrenten Achieves Strong Growth In 2019 / German market leader for property pension schemes expands its presence nationwide

Frankfurt am Main (ots) - During 2019, Deutsche Leibrenten Grundbesitz AG
achieved record amounts of new business transactions and procured volumes with
210 units and 75 million euro, respectively. The strong execution corresponds to
growth of over 100% in the size of the company as compared to December 2018,
thereby confirming the scalability of Deutsche Leibrenten's platform and
institutional nature of its portfolio and operations. These results secure
Deutsche Leibrenten's position as the market leader for property pension schemes
in Germany, and further strong growth is expected during 2020 and beyond.

"We are pleased with the strong results of 2019 and are optimistic regarding our
future prospects. With the 50-million-euro convertible bond issued in November
2019, we have laid the foundation to further expand our strong position in the
market for property pension schemes", says Friedrich Thiele, CEO of Deutsche
Leibrenten AG. "With some five million property owners over the age of 65 in
Germany, and a continuously ageing population, the market for responsible
property pension schemes is very large."

Establishment of own branch offices in major cities

The Frankfurt-based company offers homeowners throughout Germany aged 70+ all
forms of property pension arrangements: monthly pension payments, a one-off
payment, or a combination of both.

Alongside the continued expansion of the external sales structures consisting of
real estate agents, banks and insurance companies, this year Deutsche Leibrenten
AG will also be creating a third pillar to its sales capacity in the form of its
own branch offices in major German cities.

"We will intensify our successful working partnership with local partners" says
Thorsten Zucht, Chief Sales Officer. "By having our own branch offices, we can
offer additional direct key account capacities for providing financial advice
and financial services."

About Deutsche Leibrenten Grundbesitz AG - www.deutsche-leibrenten.de

Deutsche Leibrenten Grundbesitz AG offers responsible products to pensioners
seeking to release equity without having to move out of their own home. The
sellers have a life-long right of residence based on legal usufruct principles -
all fully notarised and entered in the land register - and receive a monthly
pension and/or a one-off payment. The sole provider of these kinds of pension
products, the Frankfurt-based company acquires properties throughout Germany and
is supported by its majority shareholder, Obotritia Capital KGaA, based in
Potsdam.

Deutsche Leibrenten owns in excess of 400 properties and is Germany's leading
provider of property-based pensions. The company is a member of the European
Pensions and Property Asset Release Group (EPPARG).

Press and Public Relations:

Thöring & Stuhr
Kommunikationsberatung GmbH
Claudia Thöring
Mittelweg 142
20148 Hamburg
Phone: +49 (40) 207 6969 82
Cell: +49 170 2150 146
claudia.thoering@corpnewsmedia.de

Additional content: https://www.presseportal.de/pm/119738/4504194
OTS: Deutsche Leibrenten Grundbesitz AG

Original-Content von: Deutsche Leibrenten Grundbesitz AG, übermittelt durch news aktuell