Ready for the next school year

Aroundtown Foundation funds two school scholarships abroad

The Aroundtown Foundation is making a donation to the Kreuzberg Children's Foundation in Berlin, which is committed to educational equality and youth engagement. The funds will be used for a very specific project: "Experience the World" will enable students between the ages of 16 and 18 to spend a school year abroad. The target group is young people who are not usually able to take part in programs abroad. They have the opportunity to apply for a scholarship from the Kreuzberg Children's Foundation.

The Aroundtown Foundation will cover the costs of two scholarships for the exchange year 2023 and thus support education and development in a very targeted way.

A school year abroad promotes the personal development of the students. They become more self-confident, more independent and also more capable of dealing with conflicts. The teaching of intercultural skills and interest in global contexts and the learning of foreign languages are essential and are learned almost automatically.

About the Aroundtown Foundation

The Aroundtown Foundation was established in 2018. The foundation assumes social responsibility and provides targeted and pragmatic support for projects and institutions in the neighborhood surrounding the portfolio. The Aroundtown Foundation's support is targeted and strengthens local communities. The focus is particularly on projects for children and young people, art and culture, sports activities and charitable causes, as well as educational and elderly care institutions.

About Aroundtown

Aroundtown is Europe's third-largest listed real estate company and focused on income generating quality properties that have potential for value-add in central locations mainly in Germany and the Netherlands. The portfolio comprises mainly office, residential and hotel properties. Hundreds of experienced employees from all areas of the value chain ensure that Aroundtown effectively realizes long-term potential. Professional organization, flexibility, innovation and extensive tenant services make Aroundtown a reliable partner for growth and success. Aroundtown is a sustainability leader in the European market with strong visibility in ESG indices such as Dow Jones Sustainability Index, DAX 50 ESG Index, S&P Europe 350 ESG Index, Bloomberg Gender Equality Index and more. Aroundtown is a member of the European Public Real Estate Association (EPRA), the German Property Federation (ZIA), the German Sustainable Building Council (DGNB) as well as a signatory of the United Nations Charter of Diversity. Aroundtown has received multiple EPRA BPR Gold Awards and EPRA sBPR Gold Awards for its transparent financial and sustainability reporting. Avisco (controlled by Yakir Gabay) holds 15% in Aroundtown (date: 29.07.2022). Other shareholders include Blackrock, Norges, Vanguard, Allianz, BNP Paribas, Japan’s Government investment fund, Alliance-Bernstein, Dekabank, State-Street, Bank of Montreal and many other leading international investors. The main bond investors include ECB, GIC, Union Investment, DB, UBS, CS, M&G, Pictet, Credit Agricole and many other major institutional investors.

www.aroundtown.de