Corporate | 27 August 2009 21:15
CR Capital Real Estate AG / Regulatory Approval Release of a Corporate News, transmitted by DGAP - a company of EquityStory AG. The issuer / publisher is solely responsible for the content of this announcement. ---------------------------------------------------------------------- On 26 August 2009, Deutsche Börse AG agreed to the approval application of CR Capital Real Estate AG to the Entry Standard. Consequently, CR Capital Real Estate AG leaves the Open market and will be listed in the Entry Standard, this starting from 1 September 2009. CR Capital Real Estate AG was founded in 2008. CEO Thomas Ehrich: 'The change of the trading segment is a further step on our way becoming a residential REIT. The listing in the German Regulierter Markt (Regulated Market; precondition for the REIT status) and in the Prime Standard is planned for 2011. About CR Capital Real Estate AG Berlin based CR Capital Real Estate AG is a listed property company and owns the status of a Vor-REIT (pre REIT status). The Group manages high quality residential and commercial properties at top locations in the greater Berlin area. The current property portfolio consists predominantly of city villas located in Berlin-Grunewald. Group's strategy provides for growth of the property portfolio, this also in other Berlin districts and Potsdam. Next weeks and months, residential buildings (new and old buildings), office buildings and medical centres are investment targets. Thereby Groups business operations can be developed to an expanded base. Contact: bonnIR Hubert Bonn Phone: +49 (0)6157 9861190 bonn@bonn-ir.com http://www.bonn-ir.com 27.08.2009 Financial News transmitted by DGAP ----------------------------------------------------------------------