Corporate | 11 May 2006 07:45

PATRIZIA Immobilien AG: Further real estate portfolios acquired

Corporate-news transmitted by DGAP – a company of EquityStory AG. The issuer is solely responsible for the content of this announcement. —————————————————————————— PATRIZIA Immobilien AG: Further real estate portfolios acquired Augsburg, May 11, 2006. PATRIZIA Immobilien AG has had its acquisition of further real estate portfolios comprising a total of 398 residential units signed. The three portfolios occupy favourable locations in Hamburg and Munich and add up to a total purchase volume of approximately EUR 33.2 million. The two objects in Munich, located in districts north of the city centre, together comprise 303 residential units and 8,700 m2 of net floor space. The 95 apartments purchased southeast of Hamburg have 7,970 m2 of net floor space in all. PATRIZIA plans to privatise all three portfolios completely. PATRIZIA Immobilien AG has thus added a total of 1,387 apartments to its portfolio of residential real estate since the start of fiscal 2006. PATRIZIA Immobilien AG PATRIZIA Bürohaus Fuggerstraße 26 D – 86150 Augsburg ISIN: DE000PAT1AG3 SIN: PAT1AG The information contained in this Corporate News /press release is not for publication or distribution in the United States of America. This Corporate News / press release does not constitute an offer to sell or the solicitation of an offer to purchase the shares of PATRIZIA Immobilien AG. The shares offered in connection with the initial public offering have already been placed. This Corporate News / press release is not an offer of securities for sale in the United States of America. Securities may not be offered or sold in the United States of America absent registration or an exemption from registration under the U.S. Securities Act of 1933, as amended. Any public offering of securities to be made in the United States of America will be made by means of a prospectus that may be obtained from PATRIZIA Immobilien AG and that will contain detailed information about the company and management, as well as financial statements. This Corporate News/press release is directed at and/or for distribution in the U.K. only to (i) persons who have professional experience in matters relating to investments falling within article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (the “Order”) or (ii) high net worth entities falling within article 49(2)(a) to (d) of the Order (all such persons being together referred to as “relevant persons”). This Corporate News / press release is directed only at relevant persons. Any person who is not a relevant person should not act or rely on this announcement or any of its contents. Any investment or investment activity to which this announcement relates is available only to relevant persons and will be engaged in only with relevant persons. Theinformation contained in this Corporate News/press release is not an offer of securities for sale and is not for publication or distribution in the United States of America, Canada, Australia or Japan. Contact: Investor Relations Claudia Kellert PATRIZIA Immobilien AG Phone +49 (0)821 50910-360 Fax +49 (0)821 50910-399 investor.relations@patrizia.ag Presse Astrid Schüler PATRIZIA Immobilien AG Tel: +49 (0)821 5 09 10-623 Fax: +49 (0)821 5 09 10-695 presse@patrizia.ag (c)DGAP 11.05.2006 ————————————————————————— Language: English Issuer: PATRIZIA Immobilien AG Fuggerstraße 26 86150 Augsburg Deutschland Phone: +49 (0)821 – 509 10-000 Fax: +49 (0)821 – 509 10-999 email: investor.relations@patrizia.ag WWW: www.patrizia.ag ISIN: DE000PAT1AG3 WKN: PAT1AG indices: Listed: Amtlicher Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin-Bremen, Düsseldorf, München, Stuttgart End of News DGAP News-Service —————————————————————————