Ad-hoc | 9 January 2007 08:57


Adler Real Estate AG: +++ Takeover MÜBAU Real Estate GmbH by ADLER Real Estate AG +++

Adler Real Estate AG / Miscellaneous/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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Ad-hoc publicity pursuant to §15 WpHG (German Securities Trading Act)

dated January 9, 2007

ADLER Real Estate AG

ISIN: DE DE0005008007

+++ Takeover MÜBAU Real Estate GmbH by ADLER Real Estate AG +++
+++ Expansion of the company activities in the appartment sector +++

Hamburg, January 9, 2007: Effective January 1, 2007, the ADLER Real Estate
AG (ISIN: DE DE0005008007) tookover the company activities of the MÜBAU
Real Estate GmbH (company seat in Frankfurt). The MÜBAU Real Estate GmbH
was established in 1926 and was active in project development and asset
management as well as builder. The company focus is the attractive
appartment sector. The ADLER Real Estate AG’s specialised business field in
trade real estate and the MÜBAU Real Estate GmbH’s focus compliment each
other ideally.

The MÜBAU Group holds three development properties (for appartments)
totalling approx. 300,000 m² as well as an appartment development project
with approx. 5,500 m² rental space on a 11,000 m² property. Additionally,
there are two existing objects totalling approx. 21,000 m² rental space on
a 38,000 m² property. The book value of the total possessions total approx.
EURO 8.9 million.

The purchase price lies in the lower one digit million range. The purchase
price details were negociated silently.

The Board

Company Contact:

ADLER Real Estate AG
Neuer Wall 77
20354 Hamburg, Germany
www.adler-ag.de
Tel: 040-29 81 30-0
Fax: 040-29 81 30-99
Email: info@adler-ag.de

Agent Contact:

Gesellschaft für Effekteninformation mbH
Beethovenstraße 60
60325 Frankfurt am Main, Germany
www.gfei.de
Tel: 069-74 30 37 00
Fax: 069-74 30 37 06
Email: ir-adler@gfei.de

About ADLER Real Estate AG:

ADLER Real Estate AG is dealing in the business fields of commercial
project development, portfolio management, asset management, and closed
property funds. Their specific expertise is in the realization and
marketing of ambitious national and international real estate projects.

ADLER Real Estate AG emerged from the tradition-rich corporate veil of the
Adlerwerke in Frankfurt. Their history goes back to the 19th century.
Today, the majority shareholder of ADLER Real Estate AG is the U.S. company
Mezzanine IX Investors L.P.










DGAP 09.01.2007 
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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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