Ad-hoc | 1 April 2008 09:10
Deutsche Post AG / Disposal
Release of an Ad hoc announcement according to § 15 WpHG, transmitted by
DGAP - a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
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Deutsche Post sells real estate portfolio to investor
Deutsche Post today announced that it has reached an agreement to sell a
portfolio of real estate properties comprising about 1,300 assets located
mainly in Germany to U.S. investor Lone Star in a cash transaction worth 1
billion euros.
The all-cash sale price will be paid in several tranches with the largest
share expected by year-end 2008. The agreement will have only marginal
effect on Group EBIT and will not affect the 2008 earnings guidance.
Under the terms of the agreement, the transfer of the real estate assets
will take economic effect as of July 1, 2008. Deutsche Post World Net will
lease back the major part of the properties under an innovative lease
agreement giving the Group immediate relief from excess space and
flexibility going forward.
Deutsche Post AG
Charles-de-Gaulle-Straße 20
53113 Bonn
Germany
ISIN: DE0005552004 (DAX)
WKN: 555200
Contact:
Martin Ziegenbalg
EVP Investor Relations
Tel: 0228-182-63000
01.04.2008 Financial News transmitted by DGAP
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Language: English
Issuer: Deutsche Post AG
Charles-de-Gaulle-Straße 20
53113 Bonn
Deutschland
Phone: +49 (0)228 182 - 63 100
Fax: +49 (0)228 182 - 63 199
E-mail: ir@deutschepost.de
Internet: www.dpwn.de
ISIN: DE0005552004
WKN: 555200
Indices: DAX
Listed: Regulierter Markt in Berlin, Frankfurt (Prime Standard),
Hannover, Düsseldorf, Hamburg, München, Stuttgart;
Terminbörse EUREX
End of News DGAP News-Service
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