ADLER Real Estate AG
ADLER Real Estate AG: ADLER Real Estate acquires further majority interest in residential real estate portfolio
ADLER Real Estate AG / Key word(s): Miscellaneous 23.05.2014 09:52 Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted by DGAP - a company of EQS Group AG. The issuer is solely responsible for the content of this announcement. --------------------------------------------------------------------------- Notifice in Accordance with § 15 of the Securities Trading Act ADLER Real Estate acquires further majority interest in residential real estate portfolio - Around 7,700 residential units throughout Germany - Largest single investment so far Hamburg, 23 May 2014. ADLER Real Estate Aktiengesellschaft, Frankfurt/M., (ISIN DE0005008007) strongly proceeds its acquisition strategy for the development of a substantial residential real estate portfolio in Germany and within the framework of a share deal takes over a residential real estate portfolio consisting of altogether 7,721 residential units. With the signing of the contracts today the largest single investment so far and thereby ADLER's largest investment since the company's realignment towards becoming a substantial apartment portfolio company has been accomplished. After enforcement of the contracts and together with the existing real estate portfolios ADLER Group will hold a housing stock of around 18,000 units. The residential real estate portfolio spreads out across almost all federal states in Germany. Regional focuses thereby are located in Saxony and Saxony-Anhalt such as in North Rhine-Westphalia. The portfolio represents 7,721 apartments and 490 commercial units. Total renting space of the living and commercial units amounts to around 542,000 m². The Management Board For inquiries, please contact Press: german communications dbk ag Jörg Bretschneider Alsterufer 34, 20354 Hamburg, Germany Phone: +49 (0) 40/4688330 Fax: +49 (0) 40/478180 presse@german-communications.com Investor Relations: Hillermann Consulting Christian Hillermann Poststraße 14, 20354 Hamburg, Germany Phone: +49(0)40/ 32027910 Fax: +49(0)40/ 320279114 c.hillermann@hillermann-consulting.de 23.05.2014 DGAP's Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de --------------------------------------------------------------------------- Language: English Company: ADLER Real Estate AG Alstertor 17 20095 Hamburg Germany Phone: +49 (0)40 - 29 8130-0 Fax: +49 (0)40 - 29 8130-35 E-mail: info@adler-ag.com Internet: www.adler-ag.com ISIN: DE0005008007, DE000A1R1A42, WKN: 500800, A1R1A4 Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin, Düsseldorf, Hamburg End of Announcement DGAP News-Service ---------------------------------------------------------------------------
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