Colonia Real Estate AG / Joint Venture/Miscellaneous 08.02.2008 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. --------------------------------------------------------------------------- Colonia Real Estate and Merrill Lynch acquire a mixed real estate portfolio in Germany Commercial and residential property portfolio with locations in Munich, Berlin, Hannover, Frankfurt, Dusseldorf and Cologne CRE Resolution GmbH takes over the Asset Management of the Portfolio Cologne, 8th of February 2008 Colonia Real Estate AG (ISIN DE0006338007) and Merrill Lynch Global Principal Investments ('ML-GPI') signed a joint venture contract to acquire a mixed commercial and residential real estate portfolio from a German insurance company. The acquisition price amounts to around EUR 75mn. Merrill Lynch holds 90% of the joint venture, and Colonia Real Estate the remaining 10%. The Portfolio consists of 28 properties in nine different locations in Germany with a combined area of roughly 69,000 square metres. Of this, 40% is residential and 60% commercial real estate. The bulk of the properties are located in Munich, Berlin, Hannover, Frankfurt, Dusseldorf and Cologne. Colonia´s asset management unit CRE Resolution GmbH, acted as ML-GPI´s advisor in this transaction and will take over the asset management of the portfolio. ML-GPI and CRE AG intend to optimize the return on the portfolio by reducing current vacancy rates and adding value to the assets. --------------------------------------------------------------------------- Information and Explaination of the Issuer to this News: Through ML-GPI, Merrill Lynch is one of the most active investors in the German real estate market. ML-GPI and Colonia did a first similar transaction together in March last year. Contact: Christoph D. Kauter Head of Corporate Finance and Investor Relations Colonia Real Estate AG Zeppelinstr. 4-8 50667 Köln Telefon: +49 (0)221 71 60 71 0 Fax: +49 (0) 221 71 60 71 99 E-Mail: ir@cre.ag PR and Press Contact: edicto GmbH Axel Mühlhaus Tel.: +49 (0) 69 9055055-2 amuehlhaus@edicto.de DGAP 08.02.2008 --------------------------------------------------------------------------- Language: English Issuer: Colonia Real Estate AG Zeppelinstr. 4 - 8 50667 Köln Deutschland Phone: +49 221-716071-0 Fax: +49 221-716071-99 E-mail: info@cre.ag Internet: www.cre.ag ISIN: DE0006338007 WKN: 633800 Indices: SDAX, GPR 250, MSCI Germany Small Cap Index, FTSE EPRA/ NAREIT, E&G DIMAX Listed: Regulierter Markt in Berlin, Frankfurt (Prime Standard), Düsseldorf; Freiverkehr in Hamburg, München, Stuttgart End of News DGAP News-Service ---------------------------------------------------------------------------
DGAP-Adhoc: Colonia Real Estate and Merrill Lynch acquire a mixed real estate portfolio in Germany
| Source: EQS Group AG