Ad-hoc | 3 August 2007 12:08
Adler Real Estate AG / Joint Venture/Miscellaneous
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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Ad hoc publicity
Pursuant to §15 WpHG (German Securities Trading Act)
As of August 3, 2007
ADLER Real Estate AG
ISIN: DE0005008007
+++ ADLER Real Estate AG and AIG acquire a portfolio in Munich +++
+++ Total investment amounts to EUR 58 million +++
Hamburg, August 3, 2007. ADLER Real Estate AG (ISIN: DE DE0005008007) and
AIG Global Real Estate Investment (Europe) Ltd. jointly acquired a
portfolio of 4 office properties in Munich. The high-quality office
buildings have a net rentable area of approx. 35,000 sqm. Total investment
amounts to approx. EUR 58 million.
The investment is made by a Joint Venture between ADLER Real Estate AG
(holding 15 percent) and an affiliate of AIG Global Real Estate (holding 85
percent), the real estate investment division of AIG Investments. Following
the joint acquisition of the Airport Center Luxembourg in December 2006,
this is the second Joint Venture between ADLER Real Estate AG and AIG
Global Real Estate.
ADLER Real Estate Service GmbH has been engaged as Asset Manager for the
portfolio.
The Management Board
Contacts (see next page):
Company Contact:
ADLER Real Estate AG
Neuer Wall 77
D-20354 Hamburg
www.adler-ag.de
Phone: ++49 (40) 29 8130-0
Fax: ++49 (40) 29 8130-99
info@adler-ag.de
Agency Contact:
Gesellschaft für Effekteninformation mbH
Beethovenstraße 60
60325 Frankfurt am Main, Germany
www.gfei.de
Phone: ++49 (69) 74 30 37 00
Fax: ++49 (69) 74 30 37 06
ir-adler@gfei.de
About ADLER Real Estate AG:
ADLER Real Estate AG is active in commercial real estate development,
portfolio management and asset management. The company’s core competence is
in the realization and marketing of high quality national and
international real estate projects. ADLER Real Estate AG’s history dates
back to the renown Adlerwerke in Frankfurt which were founded in the 19th
century. Today, the majority shareholder of ADLER Real Estate AG is the
U.S. Company Mezzanine IX Investors L.P.
DGAP 03.08.2007
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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
Internet: www.adler-ag.de
ISIN: DE0005008007
WKN: 500800
Indices:
Listed: Amtlicher Markt in Berlin, Frankfurt (General Standard),
Düsseldorf, München; Freiverkehr in Hamburg
End of News DGAP News-Service
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