Corporate | 2 December 2008 10:32
CR Capital Real Estate AG / Miscellaneous Announcement, transmitted by DGAP - a company of EquityStory AG. The issuer is solely responsible for the content of this announcement. ---------------------------------------------------------------------- CR Capital Real Estate AG receives A+ rating from Creditreform Rating AG High equity basis as competitive advantage in the current financial market environment Berlin, Germany, 02 December 2008: CR Capital Real Estate AG was awarded the rating result A+ from the independent Creditreform Rating AG. The company specialising in up-market residential and commercial property has thus received a good investment grade, i.e. a good credit standing. In an industry comparison, this result was well above average stated a Creditreform Rating AG representative. Creditreform Rating AG, which provides services in the area of external ratings, balance sheet services and balance sheet rating, is part of the Creditreform Group, the European market leader for credit information. 'We are very pleased about the positive Creditreform rating. The result of the independent analysis confirms the financial stability of our company, at the same time underlining the corporate strategy which is being pursued. Particularly worthy of attention is our strong equity basis which is to be used primarily for financing real estate purchases. This makes us more independent of banks. In the current difficult capital environment, this is a considerable competitive advantage', stated Thomas Ehrich, CFO at CR Capital Real Estate AG. The Board of Management About CR Capital Real Estate AG: The CR Capital Real Estate AG business model is based primarily on the purchase and sale, development and holding of up-market residential and commercial real estate in Greater Berlin. The majority shareholders have many years of expertise in the real estate sector. CR Capital Real Estate AG has been listed in the Open Market on the Frankfurt Stock Exchange since October 2008. Contact: Unternehmenskontakt: CR Capital Real Estate AG Hubertusallee 73 14193 Berlin www.capital-real-estate-ag.de Tel.: 030 / 89 72 72 48 Fax: 030 / 89 72 73 03 info@capital-real-estate-ag.de Investor Relations -Kontakt: GFEI Gesellschaft für Effekteninformationen mbH Carl Bosch Haus Hamburger Allee 26-28 60486 Frankfurt am Main Tel.: +49 (0)69 - 743 037 - 00 Fax: +49 (0)69 - 743 037 - 22 www.gfei.de cr-capital-real-estate@gfei.de 02.12.2008 Financial News transmitted by DGAP ----------------------------------------------------------------------