Aves One AG expands portfolio by around EUR 110 million with rail acquisitions
Hamburg, June 11, 2021 – Aves One AG, an owner of durable rail assets, has signed further acquisitions
to expand its rail portfolio. In total, transactions with a volume of around EUR 110 million have been
agreed for tank, intermodal and freight wagons. Around half of the deliveries are scheduled to be made
in the course of the current fiscal year. As a result, the new wagons will contribute to further growth in
earnings and assets in the 2021 financial year. The remaining units will be delivered by 2023.
In addition, around 126 tank and intermodal wagons with a volume of around EUR 11.5 million were
added to the portfolio in the first quarter of 2021. This brings the rail portfolio to more than 11,100
units as of March 31, 2021 - an increase of 6.7 percent year-on-year. After full delivery of the newly
acquired rail assets, the rail asset volume would rise to more than EUR 850 million. This represents an
increase of almost 15 percent compared to March 31, 2021.
“Our pipeline underscores our growth trajectory in an attractive market environment. We are currently
experiencing high demand for our rail assets. This is reflected not least in the fact that we have been
able to steadily increase our utilization rate over the course of the year. Accordingly, we are in a good
position for the rest of the year,” explains Tobias Aulich, Member of the Management Board of Aves