Ad-hoc | 29 December 2006 11:08
Adler Real Estate AG / Miscellaneous
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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Hamburg, December 29, 2006. ADLER REAL ESTATE AG (ISIN: DE DE0005008007) is
announcing that referring to so far existing bank loans the negotiations
with all banks involved could be brought to a successful end. The bank
loans had been secured by properties in the German cities of Saarbrücken,
Berlin, Frankfurt/Main and Offenbach. With this conclusion all properties
of ADLER REAL ESTATE AG now keep out of any former receivables. Overall,
abdication of a medial single-digit mn euros amount could be achieved.
Furthermore, there’s a window of opportunity as regards a revaluation
within the year-end audit 2006. Finally, one of the banks involved provided
a new and medium term financing in the amount of four million euros.
The Board
Company contact: Agency contact:
ADLER Real Estate AG Gesellschaft für Effekteninformation mbH
Neuer Wall 77 Beethovenstraße 60
D-20354 Hamburg D-60325 Frankfurt/Main
www.adler-ag.de www.gfei.de
T. + 49 (0)40-29 81 30-0 T. +49 (0)69-74 30 37 00
F. + 49 (0)40-29 81 30-99 F. +49 (0)69-74 30 37 06
info@adler-ag.de ir-adler@gfei.de
About ADLER Real Estate AG:
ADLER Real Estate AG as publicly listed real estate company is active in
the business segments commercial project developments, portfolio
management, asset management and closed end funds. The corporation's core
competency comprises of the realization and marketing of sophisticated
national and international real estate projects. ADLER Real Estate AG
emerged from the rich in tradition Adlerwerke Frankfurt with a history back
in the 19th century. Today the marjority of ADLER Real Estate is owned by
the US-real estate investor Mezzanine IX Investors L.P.
DGAP 29.12.2006
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Language: English
Issuer: Adler Real Estate AG
Neuer Wall 77
20354 Hamburg Deutschland
Phone: +49 (0)40 - 29 8130-0
Fax: +49 (0)40 - 29 8130-35
E-mail: info@adler-ag.de
WWW: www.adler-ag.de
ISIN: DE0005008007
WKN: 500800
Indices:
Listed: Amtlicher Markt in Berlin-Bremen, Frankfurt (General
Standard), Düsseldorf, München; Freiverkehr in Hamburg
End of News DGAP News-Service
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