Ad-hoc | 9 August 2007 15:09
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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+++ ADLER Real Estate AG and affiliate of AIG Global Real Estate jointly
acquire a second German office portfolio +++
Hamburg, August 9, 2007. ADLER Real Estate AG (ISIN: DE DE0005008007) and
AIG Global Real Estate, part of American International Group Inc., have
jointly acquired a portfolio of 12 high-quality office properties located
in Berlin, Frankfurt, Munich and other cities throughout Germany with total
net rentable area of 54,000 sqm.
This transaction follows ADLER’s and AIG Global Real Estate’s recent joint
acquisition of four office properties in greater Munich. Investment in this
latest acquisition, the third by ADLER and AIG Global Real Estate, will be
made by a joint venture between AIG Global Real Estate and ADLER. Latham &
Watkins accompanied the transaction on buyer side.
ADLER Real Estate Service GmbH has been engaged for this portfolio as Asset
Manager.
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 investment 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
renowned 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 09.08.2007
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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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