Arcona Property Fund N.V. (the Fund) – a listed fund that invests in commercial real estate in Central Europe, achieved a positive after-tax result of EUR 1.24 million for the third quarter of 2024. This represents a significant improvement compared to EUR 430,000 in the same period last year. This increase is largely attributed to successful sales and a positive currency result. The Fund also announces that it has received a lease termination notice from Danone, the tenant of the EOS building in Bucharest.

Arcona Property Fund N.V. (the Fund) – a listed fund that invests in commercial real estate in Central Europe, announces that two warrant contracts, issued in 2019 for a total of 144,264 shares in the Fund, have expired and will not be converted into new shares in the Fund.

Arcona Property Fund N.V. (the Fund), a listed fund that invests in commercial real estate in Central Europe, reports the result of its Tender Offer, which expired on
October 16, 2024 and was announced on September 18, 2024. The Fund has accepted to purchase 294,118 of its own ordinary shares at a price of EUR 6.80 per share, resulting in a total amount of approximately EUR 2 million.

Arcona Property Fund N.V. (the Fund) – a listed fund that invests in commercial real estate in Central Europe, plans to return EUR 2.0 million to its shareholders through a share buyback. The capital return will take place via a Reverse Bookbuilding Tender Offer.

Arcona Property Fund N.V. (the Fund), a listed fund specialising in commercial real estate in Central Europe, reports a positive development of its operating results in the first half of 2024. The result before tax, adjusted for indirect effects, amounted to EUR 674,000 over the six months. This is 88% higher than the EUR 359,000 result from the comparable portfolio in the same period last year, despite sharp increases in financing rates. The profit after tax came to EUR 800,000, positively influenced by valuation uplifts and realised sales in Bulgaria. The net asset value per share stood at EUR 10.93 as of 30 June 2024.

Arcona Property Fund N.V. (the Fund) – a listed fund that invests in commercial real estate in Central Europe – reports that its major shareholder Secure Property Development & Investment plc, (SPDI), will now distribute its shares in the Fund to its shareholders. This proposal was adopted by the SPDI ́s Extraordinary General Meeting of Shareholders (EGM) on July 10.

Arcona Property Fund N.V. (the Fund) – a listed fund that invests in commercial real estate in Central Europe – has concluded two new leases for its Maris office building in Szczecin, Poland. These new contracts increase the building´s occupancy rate by 18%, to 85%.

Arcona Property Fund N.V. – a listed fund that invests in commercial real estate in Central Europe – held its General Meeting of Shareholders (AGM) on June 26, 2024.

Arcona Property Fund N.V. (the Fund), a listed fund that invests in commercial real estate in Central Europe, achieved a pre-tax profit of EUR 555,000 in the first quarter of 2024, a 217% increase compared to the same period in 2023 (EUR 175,000). Gross rental income rose by 2.9% to EUR 1.70 million, while net rental and related income showed a 2.6% increase, reaching EUR 1.16 million. Net profit amounted to EUR 467,000 compared to EUR 84,000 in the same period last year.

Arcona Property Fund N.V. (the Fund), a listed fund that invests in commercial real estate in Central Europe, invites shareholders to attend the Annual General Meeting of Shareholders (AGM) on Wednesday 26 June at 15:00.

Arcona Property Fund N.V. (the Fund), a listed fund that invests in commercial real estate in Central Europe, has reported a result after tax of EUR 183,000 for 2023, marking a significant recovery from the previous year's net loss of EUR 4.35 million. Net income increased by 9.3% to EUR 4.6 million. The fair value of the comparable real estate portfolio increased by 0.6% over the year.

Arcona Property Fund N.V., a listed fund that invests in commercial real estate in Central Europe, announces that the value of its real estate portfolio has increased by EUR 1.55 million compared to the end of 2022, to a total of EUR 79 million. This value has been determined by external appraisers, excluding the effects of exchange rates for comparison purposes. Furthermore, reflecting the plan to sell a significant portion of the Fund´s real estate, as recently approved by the EGM, the Management Board has decided to recognise the full nominal value of all deferred tax liabilities in the calculation of the net asset value (NAV).

Arcona Property Fund N.V (the Fund), a listed fund focusing on commercial real estate in Central Europe, has successfully completed the refinancing of its Czech real estate portfolio. The loan from Česká Spořitelna (CS) to the Fund's Czech subsidiary, which matures in March 2024, will be refinanced by a new five-year loan from UniCredit.

With reference to the press release published on October 5, 2023 by Arcona Property Fund N.V. (the Fund) – a listed fund that invests in commercial real estate in Central Europe – we herewith notify you that the ex-distribution date will be October 12, 2023, instead of October 10, 2023.

The record date is October 13, 2023 and the payment date of the cash share premium distribution of EUR 0.15 per share is October 18, 2023, as mentioned in the press release published on October 5, 2023.

Arcona Property Fund N.V. (the Fund) – a listed fund that invests in commercial real estate in Central Europe – will make a cash share premium distribution of EUR 0.15 per share. The ex-distribution date is set for October 10, 2023. The record date is October 11, 2023 and the payment date is October 18, 2023. With a closing price on October 4th of EUR 5.30 per share, the dividend yield will be 2.8%.

Arcona Property Fund N.V. (the Fund), a listed fund specialized in commercial real estate in Central Europe, reports a positive development of the operating result in the first half of 2023. The result before tax, corrected for indirect results, amounted to EUR 359,000 in the first half of 2023. This is 4.4% higher than the EUR 344,000 result from the comparable portfolio in the same period last year, despite sharp increases in financing rates. The result after tax amounted to EUR -/- 61,000, mainly due to temporary value effects of the sales in Bulgaria. The net asset value as at 30 June 2023 was EUR 11.77.

Arcona Property Fund N.V., a listed fund specialized in commercial real estate in Central Europe, achieved a quarterly result before tax of EUR 175,000 and increased gross rental income by 10.7% in the first quarter of 2023 to EUR 1.65 million. Net rental income increased by 11.3% compared to the same quarter in 2022, to EUR 1.13 million. The net asset value per share rose to EUR 11.88 at the end of March 2023, from EUR 11.81 on 31 December 2022. The Boyana Residence project in Bulgaria was successfully refinanced and the Fund completed its first share buyback programme.

Arcona Capital RE Bohemia s.r.o., a private liability company specialized in commercial real estate in the Czech Republic, whose sole shareholder is the fund Arcona Property Fund N.V., concluded contracts for the lease of its office space in Prague-Karlín with branches of the United Nations and the Academy of Sciences of the Czech Republic. The International Organization for Migration (IOM) has been using the renovated premises since January 1, 2023. Since December 2022, the Centre for Joint Activities of the Academy of Sciences of the Czech Republic has also rented part of the building. The lease has been negotiated until the end of 2027. The company informed that the last 385 m² of space in the building is currently available to other interested parties.

Amsterdam, 26 April 2023 – Arcona Property Fund N.V., a listed fund that invests in commercial real estate in Central Europe, has reported a result after tax of EUR -/- 4.35 million for 2022. The comparable direct result for 2022 amounts to EUR 449,000, compared to EUR -/- 1.23 million in 2021. Net income increased by 5% to EUR 4.2 million. The expectation for 2023 is that, as in 2022, the Fund will continue to meet all operational and financial obligations while making further progress with the sales of non-core real estate.

Arcona Property Fund N.V. (the Fund) – a listed fund investing in commercial real estate in Central Europe – has signed a pre-sale agreement with a local investor for the sale of parts of the Boyana luxury residential project in Sofia, Bulgaria. The agreed sales price is approximately EUR 2.6 million. The transaction is expected to close in June 2023.

Arcona Property Fund N.V. (the Fund) – a listed fund that invests in commercial real estate in Central Europe – reports that the first phase of the share repurchase programme announced on 14 September 2022 has been concluded.

Arcona Property Fund N.V. (the Fund) – a listed fund that invests in commercial real estate in Central Europe – has repurchased, in the period from January 26, 2023 to February 1, 2023, 2,494 ordinary shares of the Fund at an average price of EUR 5.76 per share. The total acquired amount in cash terms is EUR 14,368.

Arcona Property Fund N.V. (the Fund) – a listed fund that invests in commercial real estate in Central Europe – has repurchased, in the period from January 19, 2023 to January 25, 2023, 2,509 ordinary shares of the Fund at an average price of EUR 5.78 per share. The total acquired amount in cash terms is EUR 14,508.

Arcona Property Fund N.V. (the Fund) – a listed fund that invests in commercial real estate in Central Europe – has repurchased, in the period from January 12, 2023 to January 18, 2023, 2,483 ordinary shares of the Fund at an average price of EUR 5.93 per share. The total acquired amount in cash terms is EUR 14,725.

Arcona Property Fund N.V. has completed the annual revaluation of its real estate portfolio. The appraised value of the 21 properties was set at EUR 82.4 million as at 31 December 2022, a decrease of 1.7% (EUR -/- 1.43 million) compared to the last reported value of the comparable portfolio.

Arcona Property Fund NV – a listed fund that invests in commercial real estate in Central Europe – has successfully refinanced the Boyana Residence project in Bulgaria with a new EUR 3.6 million loan. This refinancing gives Arcona Property Fund N.V. the opportunity to renovate and then sell its apartments and adjacent development land within the next 18 months.

Arcona Property Fund N.V. (the Fund) – a listed fund that invests in commercial real estate in Central Europe – has repurchased, in the period from December 1, 2022 to December 7, 2022, 220 ordinary shares of the Fund at an average price of EUR 6.01 per share. The total acquired amount in cash terms is EUR 1,323.

Arcona Property Fund N.V. (the Fund) – a listed fund that invests in commercial real estate in Central Europe – has repurchased, in the period from November 24, 2022 to November 30, 2022, 435 ordinary shares of the Fund at an average price of EUR 6.03 per share. The total acquired amount in cash terms is EUR 2,624.

Arcona Property Fund N.V. (the Fund) – a listed fund that invests in commercial real estate in Central Europe – has repurchased, in the period from November 17, 2022 to November 23, 2022, 536 ordinary shares of the Fund at an average price of EUR 6.04 per share. The total acquired amount in cash terms is EUR 3,237.

Arcona Property Fund N.V., a listed fund that invests in commercial real estate in Central Europe, has published its figures for the first nine months of 2022. The result for the third quarter of 2022 amounted to EUR 1.96 million, mainly due to the unrealized value adjustments relating to the sale of the office building in Brno and the EOS acquisition in Bucharest. The net asset value per share based on NNNAV increased by 3.1% to EUR 12.37 as of September 30, 2022.

Arcona Property Fund N.V. (the Fund) – a listed fund that invests in commercial real estate in Central Europe – has repurchased, in the period from October 27, 2022 to November 2, 2022, 1,603 ordinary shares of the Fund at an average price of EUR 6.03 per share. The total acquired amount in cash terms is EUR 9,673.

Arcona Property Fund N.V. (the Fund) – a listed fund that invests in commercial real estate in Central Europe – has repurchased, in the period from October 20, 2022 to October 26, 2022, 2,033 ordinary shares of the Fund at an average price of EUR 6.06 per share. The total acquired amount in cash terms is EUR 12,329.

Arcona Property Fund N.V. (the Fund) – a listed fund that invests in commercial real estate in Central Europe – has repurchased, in the period from October 13, 2022 to October 19, 2022, 4,042 ordinary shares of the Fund at an average price of EUR 5.99 per share. The total acquired amount in cash terms is EUR 24.225.

Arcona Property Fund N.V. (the Fund) – a listed fund that invests in commercial real estate in Central Europe – has repurchased, in the period from October 6, 2022 to October 12, 2022, 4,490 ordinary shares of the Fund at an average price of EUR 5.96 per share. The total acquired amount in cash terms is EUR 26,767.

Arcona Property Fund N.V. (the Fund) – a listed fund that invests in commercial real estate in Central Europe – has repurchased, in the period from September 29, 2022 to October 5, 2022, 6,367 ordinary shares of the Fund at an average price of EUR 6.51 per share. The total acquired amount in cash terms is EUR 41,433.

Arcona Property Fund N.V. (the Fund) – a listed fund that invests in commercial real estate in Central Europe – has repurchased, in the period from September 22, 2022 to September 28, 2022, 15,975 ordinary shares of the Fund at an average price of EUR 6.76 per share. The total acquired amount in cash terms is EUR 107,942.

Arcona Property Fund N.V. (the Fund) – a listed fund that invests in commercial real estate in Central Europe – has repurchased, in the period from September 15, 2022 to September 21, 2022, 14,980 ordinary shares of the Fund at an average price of EUR 6.83 per share. The total acquired amount in cash terms is EUR 102,326.

Arcona Property Fund N.V. (the Fund) – a listed fund that invests in commercial real estate in Central Europe – intends to purchase its ordinary shares on Euronext Amsterdam with effect from 15 September 2022 for an amount of up to EUR 1.5 million. The shares acquired will be cancelled subsequently following a resolution of the shareholders meeting. This share buyback funding allocation is part of a larger tranche of up to EUR 10,000,000, which the Fund, in consultation with shareholders, is aiming to return to shareholders in due course from the proceeds of the ongoing sales program of non-core real estate assets.

Arcona Property Fund N.V., a listed fund that invests in commercial real estate in Central Europe, showed an improvement in its operating result in the first half of 2022. The comparable gross rental income increased by 9.4% to EUR 4.07 million and the net rental income increased by 12.3% to EUR 2.05 million, partly due to an improvement in the occupancy rate.

Arcona Property Fund N.V. – a listed fund that invests in commercial real estate in Central Europe – has signed an agreement for the sale of its Šujanovo náměstí 3 (VUP) building in Brno, Czech Republic. The sale price of CZK 106.8 million (EUR 4.32 million) is 36% above the appraised value of CZK 78.3 million at the end of 2021.

Arcona Capital Fund Management B.V. announces its intention to appoint two new directors. The appointment of the two new board members is subject to approval of the Dutch Authority for the Financial Markets (AFM).

Arcona Property Fund N.V. – a listed fund that invests in commercial real estate in Central Europe – held its General Meeting of Shareholders (AGM) on June 22, 2022.

Arcona Property Fund N.V. – a listed fund that invests in commercial real estate in Central Europe – will provide a trading update during the General Meeting of Shareholders to be held today.

Arcona Property Fund N.V. – a listed fund that invests in commercial real estate in Central Europe – has signed the completion documentation for the acquisition of the EOS office building from Secure Property Development & Investment (SPDI) in Bucharest. In addition, an additional 3.17% interest in the Delenco office building has been acquired from SPDI.

Arcona Property Fund N.V., a listed fund that invests in commercial real estate in Central Europe, saw comparable gross rental income rise by 4.1% in the first quarter of 2022 to €1.5 million. Comparable net rental income increased by 20.2% compared to the first quarter of 2021 and amounted to €1.01 million. The net asset value per share was €11.88 at the end of March 2022, compared to €11.83 at March 21, 2022.

Arcona Property Fund N.V. a listed fund that invests in commercial real estate in Central Europe, invites all shareholders to attend the General Meeting of Shareholders (AGM) in Amsterdam on Wednesday 22 June 2022 at 14:00 CET.

Arcona Property Fund N.V. – a listed fund that invests in commercial real estate in Central Europe – has reported its results for 2021. A profit after tax of EUR 3.1 million was recorded in 2021, compared to EUR -/- 3.79 million in 2020. Shareholders' equity increased by 8% over the year. The profit for 2021 was EUR 0.83 per share against EUR -/- 1.01 per share in 2020. During the year, all ratios of the Arcona Property Fund N.V. improved.

AC Vastgoed Nederland C.V. has sold the seventh property from its property portfolio of originally 15 properties, an office building at 65 Nieuwe Oeverstraat in Arnhem.

Arcona Property Fund N.V. – a listed fund that invests in commercial real estate in Central Europe – has a EUR 8.45 million loan from Sberbank CZ through its whollyowned Czech subsidiary. On March 31, 2022, the mandatory regular installment of the principal and the interest due for the first quarter of 2022 was transferred to Sberbank CZ.

Arcona Property Fund N.V. – a listed fund that invests in commercial real estate in Central Europe – has completed the acquisition of one of the two office buildings in Bucharest from Secure Property Development & Investment (SPDI).

Arcona Property Fund N.V. – a listed fund that invests in commercial real estate in Central Europe – has updated its reported Net Asset Value to reflect the latest valuation figures and the situation in Ukraine. The published Net Asset Value per share has risen from EUR 11.77 to EUR 11.83 on 21 March 2022, an increase of 0.5%.

Arcona Property Fund N.V. – a listed fund that invests in commercial real estate in Central Europe – has financing with Sberbank CZ in the Czech Republic. Developments in Ukraine and Russia caused a bank run at Sberbank CZ. The Czech National Bank (CNB) subsequently decided to revoke the banking licence of Sberbank CZ.

The management of Arcona Property Fund N.V., the listed fund that invests in commercial real estate in Central Europe, today provided an update on the developments in Ukraine. The Fund owns two developments plots in Ukraine. As at 31 december the land had a combined book value of EUR 3.39 million 2021, which amounts to 4.2% of the value of the property portfolio. Arcona Property Fund N.V. committed in 2021 to acquire two more projects in Ukraine from Secure Property Development & Investment Plc (SPDI) for EUR 1.97 million.

Arcona Property Fund N.V., the listed fund that invests in commercial property in Central Europe, has completed repayment of three short-term loans at fund level. As a continuation of the disposal programme of non-core assets, Arcona Property Fund N.V. has also instructed an agent to sell its office property in Brno, Czech Republic.

Arcona Property Fund N.V., a listed fund that invests in commercial real estate in Central Europe, has signed an agreement with a local investor for the sale of two office buildings (Pražská 2 and Pražská 4) in Košice (Slovakia). The sale price is EUR 4.55 million.

Arcona Property Fund N.V. has completed the annual revaluation of its property portfolio. The appraised value of the 21 properties has been determined by independent valuers as at December 31, 2021 at EUR 85.17 million, an increase of 6.1% compared to the value of the comparable portfolio at the end of 2020. The occupancy rate of the portfolio increased from 83.6% at the end of 2020 to 89.4%. The loan-to-value ratio decreased from 47% at the end of 2020 to 42.3%.

Arcona Property Fund N.V., a listed fund that invests in commercial real estate in Central Europe, has sold a 1970´s office building in Žilina (Slovakia) for EUR 4 million to a local development company. The Fund´s overall portfolio allocation to Slovakia has now been reduced to 28%, compared to 36% at the beginning of 2021.

Arcona Property Fund N.V., a listed fund investing in commercial real estate in Central Europe, posted a profit after tax of EUR 199,000 for the first nine months of 2021, compared to a profit of EUR 100,000 for the first six months of 2021 and a loss of EUR 1.5 million for the first nine months of 2020.

The board of AC Vastgoed Nederland C.V. closed the second tranche issue on November 5, 2021. The issue has raised EUR 7.4 million gross, with more than 100 participants.

Arcona Property Fund N.V., a listed fund that invests in commercial real estate in Central Europe, has reached an agreement with the two providers of the convertible bonds which expired on October 31, 2021. The bonds, amounting to EUR 3.5 million, will be replaced by two short-term loans.

Arcona Property Fund N.V., the listed fund that invests in commercial real estate in Central Europe, has signed the purchase agreements with Secure Property
Development & Investments Ltd (SPDI) for the acquisition of SPDI´s remaining real estate holdings in Ukraine and for two modern office buildings in Bucharest, Romania. The purchases should be completed in the second half of 2021. This is the second phase of the three-phase acquisition of SPDI´s property portfolio in the region.

Arcona Property Fund N.V., a listed fund investing in commercial real estate in Central Europe, saw gross rental income as a result of the COVID-19 pandemic fall by 6.2% in the first quarter of 2021 to EUR 1.87 million, compared to first quarter of 2020. COVID-19 also had an impact on net rental income and result before tax, which both decreased in Q1 2021 compared to the same period last year, when the impact of COVID-19 was still limited. The quality and stability of the real estate portfolio improved in the first quarter due to the successful refinancing of the Polish portfolio and the sale of Kosmalt.

Arcona Property Fund N.V. - a listed fund investing in commercial real estate in Central Europe - has sold the non-core property Kosmalt in Košice, Slovakia. The gross sale price was € 4.86 million, 2% above the appraisal value of € 4.76 million at the end of 2020. The sale will be completed in the coming weeks. Kosmalt is located at Kysucká 16, 2 km west of the city centre, and is mainly used as student accommodation. The property, built in the 1960s, has a lettable floor area of 10,711 m2 and an occupancy rate of 43.0% as of March 31, 2021. Rental income has decreased by 29.6% due to the COVID-19 pandemic, from € 946,000 in 2019 to € 666,000 in 2020.

Arcona Property Fund N.V. a listed fund that invests in commercial real estate in Central Europe, invites all shareholders to attend the General Meeting of Shareholders (AGM) on Wednesday 16 June 2021 at 15:00 CET.

Arcona Property Fund N.V., the listed fund that invests in commercial property in Central Europe, has reported its full-year results for 2020. Rental income, profitability
and capital values have all fallen compared to 2019, reflecting the impact of the Covid-19 pandemic. Nevertheless, against this challenging background, the Fund was able to preserve its tenant base and successfully to progress its sale and refinancing programme. The expectations for 2021 are that the Fund will continue, as in 2020, to meet all its operational and financial obligations whilst progressing with the disposal of further non-core assets into a rising market.

Arcona Property Fund N.V., a listed fund investing in commercial real estate in Central Europe, has completed the refinancing of its Polish freehold portfolio, consisting of a modern office building and seven regional supermarkets. The seller's loan used to purchase the three leasehold regional Polish supermarkets has also been refinanced with a new loan.

Arcona Property Fund N.V., a listed fund that invests in commercial real estate in Central Europe, announces that the net asset value (NNNAV) per share for December 31 2020 is EUR 11.92 per share. This value deviates by EUR 0.39 from the NNNAV of EUR 12.31 reported on January 11, 2021.

Arcona Property Fund N.V. has obtained a building permit for its extension project on Politických vězňů street. The much-anticipated development in one of Prague’s most desirable locations will provide premium office space in the heart of the city.

In 2020, the vehicle type Toyota Landcruiser was acquired by Arcona Capital funds which the company had provided to the non-profit organization educating orphans and albinos in Tanzania Kibosho. The car, called by its users as “Silver King”, is an essential assistant for day-to-day operations of the organization. It should be noted that the whole operation without the type of vehicle like this would not be possible for volunteers, particularly during the rainy season when the roads get muddy.

The Arcona Property Fund N.V. has completed the annual revaluation of its real estate portfolio, which now comprises assets in 5 countries. The fair value of the 24-asset
portfolio has been assessed by independent valuers at €89.78 million, a 2.1% decline over 2020 in Euro currency terms. During the year the occupancy rate rose from 84.6%
to 85.6% (as at end November) and the Loan to Value ratio improved from 50.0% to 47.1%. The Fund´s NNNAV has been adjusted to €12.31 per share.

Arcona Property Fund N.V., the listed fund that invests in commercial real estate in Central Europe, saw gross rental income in the third quarter increase by 5% compared to the Covid-19 affected second quarter. In parallel, the Fund´s occupancy rate recovered from 82.4% to 86.3%. Compared to the first nine months of 2019, the gross rental income for the first nine months of 2020 was 7% lower, at € 6.1 million.

Arcona Property Fund N.V., a listed fund investing in commercial real estate in Central Europe, has reached agreement on the sale of Krivá 18 and Krivá 23 in Košice, Slovakia. The gross sales proceeds amount to € 5.85 million. The sale of these two non-core office buildings will be completed in the coming weeks.

Arcona Property Fund N.V., a listed fund investing in commercial real estate in Central Europe, has published its results for the first half of 2020. Despite the COVID-19 pandemic and the effects of three-month government-imposed lockdowns, net rental income declined by less than 10% in the first half of the year and net asset value declined only slightly. With the COVID-19 restrictions now largely lifted, the Fund expects a significant recovery in performance in the second half of the year.

In her new position at Arcona Capital, an independent manager of property funds and real estate assets, she will be responsible for the retail portfolio

Arcona Property Fund N.V., a listed fund investing in commercial real estate in Central Europe, will hold its Annual General Meeting of Shareholders (AGM) today.

Arcona Property Fund NV, a listed fund that invests in commercial real estate in Central Europe, has reached an agreement with its financiers to extend two maturing loans. The Fund also reports market conditions improving in Central Europe.

With over 30% of the units pre-sold, Arcona Capital has commenced construction of the next phase of its Prague-Uvaly residential project. This phase involves the development of 20 family houses, with completion anticipated in late 2021. Construction finance for the CzK 100 million + project phase will be provided by Unicredit CZ.

Arcona Property Fund N.V. - a listed fund that invests in commercial real estate in Central Europe - has expanded the area leased to AT&T in its Letna property in Kosice, Slovakia by 745 m² and extended the lease term by two years. The Fund has also sold its vacant retail project in Kalisz, Poland for a net amount of € 945,000.

Arcona Capital Central European Properties a.s. (ACCEP), has sold its two office buildings in České Budějovice to two local investors

Arcona Property Fund N.V is a listed fund that invests in commercial real estate in Central Europe. As the Covid-19 crisis continues to develop, the governments of the countries in which the Fund is invested have introduced a raft of measures to delay the spread of the disease and to mitigate its impact on the health of their populations. These specific measures will cause severe economic disruption across the region. This disruption will likely combine with the loss of confidence and consequent negative pricing and liquidity adjustments in the global financial markets to create a challenging operating environment generally for investment funds. This update is intended to inform the Fund´s stakeholders about the potential exposure of the Fund to these negative developments and the current and planned actions of Fund Management to mitigate their effects.

Arcona Property Fund N.V. has extended two expiring lease agreements with Rossmann in Poland for five years. This concerns commercial space for more than 700 m2, spread over the two retail locations in Grudziądz and Inowrocław. This extension improves the quality of the Polish portfolio.

Arcona Property Fund N.V. has completed the acquisition of the Boyana Residence (Boyana) project of Secure Property Development & Investment (SPDI). The appraisal value of the Boyana property is € 8,181,000. Arcona Property Fund finances the acquisition with the issue of 315,591 new shares and 77,201 warrants. A seller's loan of € 750,000 is also being taken over. As a result of the acquisition, the loan-to-value of the fund decreases from 50.6% to 49.8%.

Arcona Property Fund N.V. has raised two loans for a total amount of EUR 2.5 million. A number of maturing loans will be refinanced with the proceeds. The loan-to-value of the Fund will not change significantly due to this refinancing.

Arcona Property Fund N.V., the listed fund that invests in commercial real estate in Central Europe, delivered a 5.3% increase in gross rental income in the third quarter of 2019 compared to the same period last year. The net rental income increased by 11.5%, to € 3.87 million, against € 3.47 million in the same period last year. The Adjusted EPRA Earnings amounted to € 864,000. The occupancy rate at the end of the quarter was 85.8%.

Arcona Property Fund N.V. (Arcona Property Fund) has completed the acquisition of the first two Ukrainian assets from Secure Property Development & Investment (SPDI). Arcona Property Fund has financed the acquisitions with the issue of 277,943 of its own shares and 67,063 warrants. The assets, two development sites, are debt-free and held in a special-purpose corporate vehicle, Aisi Bela. The joint appraisal value is € 3.89 million. As a result of the acquisition, the Loan-to-Value ratio of Arcona Property Fund will fall from 51.9% to 50.6%.

For 2019 the Arcona Property Fund N.V. will pay, as previously announced, an interim dividend of EUR 0.10 per share in cash. The ex-dividend date is 10 October 2019, the registration date is therefore 11 October 2019 and the payment date will be 14 October 2019.

Arcona Property Fund N.V., the listed fund that invests in commercial real estate in Central Europe, expects the first phase of the acquisition of the assets of Secure Property Development & Investments (SPDI) to be completed in October 2019.

Arcona Property Fund N.V., the listed fund that invests in commercial real estate in Central Europe, has reached an agreement with the bank Slovenská Sporitelňa on the refinancing of its Slovak property portfolio.

Arcona Property Fund N.V., the listed fund that invests in commercial real estate in Central Europe, has signed a formal agreement with Secure Property Development & Investments Ltd (SPDI) for the purchase of SPDI´s real estate holdings in Romania, Bulgaria and Ukraine. The purchase, which is structured in three phases, is expected to be completed before the end of the year.

Arcona Property Fund N.V., the listed fund that invests in commercial real estate in Central Europe, achieved an increase in gross rental income of 1.2% in the first half of 2019. The net rental income was € 2.41 million against € 2.42 million in the same period last year. The Adjusted EPRA Earnings amounted to € 504,000, against € 430,000 in the same period last year, an increase of 17.2%.

Arcona Property Fund N.V., the stock-listed fund that invests in commercial property in Central Europe, has signed an agreement to acquire the Kliwer office building in Warsaw, Poland. The purchase price of the building, which is fully occupied, is ca. € 14 million and the transaction is expected to complete in November 2019.

Arcona Property Fund N.V., the exchange-listed fund that invests in commercial real estate in Central Europe, achieved in the first quarter of 2019 a profit before tax, excluding revaluation and one-off income and expenses, of EUR 413,000, against EUR 401,000 in the same period of 2018.

Arcona Property Fund N.V., the exchange-listed fund that invests in commercial real estate in Central Europe, has extended two existing leases and concluded three new leases in its Polish portfolio. This improves the Fund´s occupancy rate to 87.9%.

Arcona Property Fund N.V., the exchange-listed fund that invests in commercial property in Central Europe, realized an operational profit in 2018 of € 2.28 million, up from 2.13 million in 2017. EPRA earnings per share grew from € 0.37 in 2017 to € 0.42. Arcona Property Fund proposes to pay a final dividend of € 0.25 per share, bringing the dividend for 2018 to € 0.35, against € 0.24 a year earlier. For 2019, the fund expects an operating result of € 2.4 million.

Arcona Property Fund N.V., the exchange-listed fund that invests in commercial property in Central Europe, has agreed a refinancing deal with Sberbank CZ for its complete Czech real estate portfolio.

Arcona Property Fund N.V., the exchange-listed fund that invests in commercial property in Central Europe, has agreed the letting of the remaining 260m² of office space in its Palmovka office building in Prague, taking the building up to full occupancy.

In addition, the Fund has exercised its option to extend by one year, from 1 March 2019, the € 4.7 million loan from Real Estate Central Europe on three supermarkets in Poland.

Arcona Property Fund NV has determined its real estate portfolio value as EUR 88.95 million as at 31 December 2018, a decrease of 1.3% compared to the value of the
comparable portfolio at the end of 2017. The value of the four Czech properties of Arcona Property Fund increased by 1.3% in 2018 and that of the eight Slovak
properties by 1.6%. The value of the twelve properties in Poland fell by 4.5%. The portfolio occupancy rate increased to 86.9%.

Arcona Property Fund N.V. (Euronext: ARCPF), the Euronext Amsterdam and Prague Stock Exchange (Burza cenných papírů Praha) listed company that
invests in commercial property in Central Europe, has entered into an implementation agreement to acquire most of the property assets of the AIM London-listed Secure Property Development & Investment (“SPDI”) PLC (AIM : SPDI) in an all-share transaction that will increase the portfolio size of Arcona Property Fund (the “Fund”) from € 94.8 million to circa € 161 million and its Net Asset Value from € 41.9 million to circa € 78 million. The purchase will be funded by the issuance of 2,102,804 new shares of the Fund and the transfer of existing senior debt at a level of circa € 30 million.

Arcona Property Fund N.V. has reached agreement with AT & T Enterprises on the extension of the existing lease agreement for the office space in Letna 45 in Košice, Slovakia. The contract is extended by three years until April 2023, with two extension options of three years. In total AT & T leases 5,892 m2 of space, of which 998 m2 for an indefinite period. The lease agreement accounts for approximately 8.3% of the total rental income of Arcona Property Fund on an annual basis.

Arcona Capital, a specialist real estate fund manager active across Northern and Central Europe, has significantly expanded its fund and asset management activities in the Dutch market. Arcona Capital executed the discounted purchase of existing debt, refinanced by a fund advised by DRC Capital LLP and a consortium of private investors, secured against a 15-asset portfolio. This is a key step for the firm and its clients, and an important milestone for the Dutch market. Arcona Capital is keen to apply the knowledge and expertise gained in this transaction to other similar situations in the local market.

Arcona Property Fund N.V., a listed company that invests in commercial real estate in Central Europe, has found a new tenant for the supermarket space in its shopping center in Glogow, Poland. The new tenant is Gemar Supermarket sp. z.o.o., a franchisee of the well-known Polish supermarket chain Stokrotka. The new lease agreement will take effect on December 1, 2018 and has a term of ten years.

Arcona Property Fund N.V., a listed company that invests in commercial real estate in Central Europe, has found a new tenant for the supermarket space in the
shopping center in Grudziadz, Poland. The new tenant is Hildebrandt, a regionally active retail and food processing company from Brodnica. The new lease agreement starts on November 16, 2018 and has a term of three years, with an extension option of seven years.

The Arcona Property Fund N.V. concluded the third quarter of 2018 with a profit before tax of € 0.26 million. The gross rental income amounted to € 2.63 million, against € 2.68 million in the third quarter of 2017. The operating result in the third quarter amounted to € 0.51 million, compared with € 0.61 million a year earlier. The occupancy rate increased to 86.9% at the end of the quarter, the highest level in ten years. The EPRA NNNAV increased to € 13.98 per share.

Arcona Property Fund N.V. will list its common shares today on the Collective Investment Securities market, a regulated market of the Prague Stock Exchange (Burza cenných papírů Praha, the “PSE”), becoming the first to issue on that market’s UCITS and AIF sub-segment, which is designed for shares in funds that are available to retail investors as well as qualified investors.

Arcona Property Fund N.V., the exchange-listed fund that invests in commercial property in Central Europe, generated a 5.8% increase in net rental income in the first six months of 2018. Net income reached € 2.42 million, compared to € 2.29 million in the equivalent period in 2017. Profit after tax excluding valuation effects rose by 41.4%, from € 403,000 in H1 2017 to € 570,000 in the first six months of 2018.

TUŻ TUŻ is a new brand for retail projects. Setting up the brand is another step in Arcona Capital
business development in Poland. Bueller & Frye was responsible for the new branding. First
rebranded project is one in Piotrków Trybunalski, where after partial recommercialization, TUŻ
TUŻ Piotrków Trybunalski is just opened at Aleja Wojska Polskiego.

In the course of yesterday´s General Meeting the shareholders of the Arcona Property Fund N.V. approved the distribution of a final cash dividend of EUR 0.14 per share for 2017. This follows the interim cash dividend of EUR 0.10 per share paid in August 2017. Arcona Property Fund is an exchange-listed fund investing in commercial property in Central Europe.

Arcona Capital, an independent property fund manager operating across the markets of Northern and Central Europe, announced it has become one of the partners of the Czech Philharmonic for the recently opened season of concerts. It symbolically coincides with the year of the 100th anniversary of the founding of the Czechoslovak Republic. The announcement of the partnership with the most significant orchestra in the Czech Republic follows Arcona's exceptional business year in 2017.

Arcona Capital, the leading independent manager of property funds in the markets of Central Europe, announces today that the Managing Board has recommended its Arcona Property Fund N.V. make a final 2017 dividend payment of € 0.14 to shareholders, following a record-breaking year for the Fund.

Arcona Property Fund N.V. has redeemed its Tranche II 2015 convertible bond, due for repayment on 20 February 2018, in full. The bond was originally issued for a sum of EUR 1.42 million with a conversion share price of EUR 8.48, which was not reached during the term. The share price of the Arcona Property Fund was EUR 7.70 at close of business on Monday 19 February.

The Arcona Property Fund closed 2017 with a valuation uplift of 3.7% compared with the equivalent portfolio a year earlier. The assessed value of the Fund´s four properties in the Czech Republic rose by 5.7% and the eight properties in Slovakia was up by 2.8%, while the value of the 12-asset Polish portfolio remained stable.

Prague, 6th December 2017: Arcona Capital, a leading independent manager of property funds in the markets of Central Europe, is pleased to announce that it won “Best Asset Management Company” at the 17th annual Czech Republic CIJ Awards 2017 in what was described as a “tightly-contested grouping”.

Prague, 29 November 2017: Arcona Property Fund, listed on the Amsterdam Stock Exchange, announces the successful closing of the sale last week of one of the properties in its Prague portfolio. The buyer of the functionalist administrative building on Drahobejlova Street in Prague 9 is the Czech Medical Chamber (ČLK), which has long been looking for a new building for its Prague representative office.

Arcona Property Fund N.V. has closed the third quarter of 2017 with a profit before tax of € 3.3 million, up from € 0.45 million in the same period of 2016. Gross rental income totalled € 2.68 million over the quarter, up from € 1.56 million in the third quarter of 2016. The Q3 operational result – profit before tax excluding valuation gains and one of charges – grew to € 0.61 million, compared to € 0.34 million in Q3 2016.

The team of Arcona Capital, an independent manager of property funds and asset manager of entrusted assets / properties in the markets of Central Europe, defended its previous year’s victory in the Dragon Boat Charity Race hosted by CBRE. The race was held on the Vltava river at the Císařská Louka area and the winning team managed to raise funds worth 15 th CZK for projects of the non-profit organizations Dobrý Anděl and Plan International, which help sick, at risk and disadvantaged children in the Czech Republic and abroad.

Arcona Property Fund N.V. delivered a 47% increase in net rental income over the first six months of 2017. Net rents received jumped to € 2.29 million from € 1.55 million in the equivalent period in 2016. The result after tax was € 2.2 million compared to € 119,000 the year before. The operational result improved from € 230,000 to € 852,000 over the equivalent period.

Following its acquisition of 11 neighborhood shopping centres at the start of this year, Arcona Capital is accelerating its acquisition programme in Poland. In July the Arcona Property Fund acquired the Maris Office Centre in Szczecin from Bywater Properties for ca. € 8.9 million.  This six-storey office building was built in 2006 and has a leaseable area of 5,455 m² and 119 underground parking spaces. The building is located in the city centre and is leased to 11 tenants, including Intive, Mobica and Prudential.

At the beginning of April this year, after the extension of the lease agreement and the enlargement and thorough modernization of the area, the Biedronka store was reopened in Skwer Handlowy in Gdańsk at Krzemowa 1 St. The facility, owned by one of the funds managed by Arcona Capital, has also extended a number of other lease agreements, with Plastuś’ paper and toy shop offering eco-products, the health food brand DMG and Cymes bakery.

Arcona Property Fund reported a first-quarter 2017 profit before tax of €1.438 million. Adjusted for valuation gains and one-off costs, the pre-tax profit for the January-March quarter was €424,000. Gross rental income rose to €1.976 million for the period.

Arcona chosen as a semi-finalist in the category “Rising Star Award”

Arcona Capital, the real estate fund management company, has employed Magdalena Ćmikiewicz as a new asset manager.

Michael Odvárko appointed Managing Director of Hostín Development

Arcona Capital, acting on behalf of the Jersey-based Belgravia European Fund, has successfully completed the sale of the Fund’s residual industrial development site located in Chomutov, northern Bohemia, to VGP Group.

Prague, 23^rd January 2017: Arcona Capital, a leading independent manager of property funds in the markets of Central Europe, has been shortlisted for the “Investor of the Year” category in EuropaProperty’s 9th annual CEE Retail Real Estate Awards.

Arcona Capital has entered into a long-term lease agreement with Knorr-Bremse Group to lease a total of 2,700 square meters of office space in the administrative building in the city centre of Liberec. The building will then be fully occupied.

Arcona   Property   Fund   N.V.  (Property   Fund)   has  completed   a  good   third   quarter.   The occupancy rate of the property portfolio increased to 79.5% compared to the second quarter of

2016  (78.2%).  

Arcona Property Fund N.V. (the Fund), an investment fund that invests in commercial property across Central Europe, has set out new growth targets following its acquisition of a retail property portfolio in Poland.

Staff of Arcona Capital participated in two Prague sporting events during September and contributed a total of 42,000 Czech Crowns to various charitable projects.

New agreement secures intive as a long-term tenant in the Maris Office Centre, a prime city-centre property managed by Arcona Capital and owned by Bywater Properties.

Arcona Capital has signed an agreement with Steenwell Beheer/AE Beheer to take over the management of ten commercial real estate investment funds holding assets in the Netherlands.

Drawdown of debt funding from Unicredit for the first construction phase of the 65 ha. Uvaly/Hostin residential development project east of Prague. With completion due in Autumn 2016, 50% of the apartments of the first phase have been pre-sold. www.bydleniuvaly.cz

Acquisition of eight hypermarkets and four associated retail parks in Czech Republic in a € 100 million deal on behalf of Czech private clients