The Grounds gains Armin H. Hofmann as an additional strategic major shareholder

The Grounds Real Estate Development AG (ISIN: DE000A2GSVV5) has gained a new strategic major shareholder: Armin H. Hofmann. Working as a jurist and entrepreneur in Frankfurt, Berlin and Paris, he will in future hold around 17% of the company’s shares. The Deutsche Balaton Group is simultaneously reducing its shareholding in…