neoshare AG has taken note of the fact that PTXRE GmbH, as an 85% financial shareholding, has filed for insolvency in self-administration today.
In the existing market environment, PTXRE, as a consulting firm for real estate transactions, valuations and financing, has not succeeded in establishing a sustainable business model from the point of view of neoshare AG. PTXRE has not been able to make a positive contribution to earnings at any time that is still foreseeable.
The insolvency of PTXRE GmbH has no impact on neoshare AG. PTXRE GmbH is an organizationally and operationally separate consulting company with an independent business model and its own five-person management team.
