Sep 2014

deutche annington

Sole Bookrunner

€ 132 million

Secondary Offering

Deutsche Annington

Deutsche Annington is the largest German residential real estate company with a portfolio of more than 185,000 units across Germany

Kempen & Co placed €133m of Deutsche Annington shares via an accelerated bookbuild offering
The amount of shares placed was 17x the average daily volume of the last 30 trading days
Demand was high, resulting in a multiple times oversubscribed book consisting of 80% long-only investors