Deutsche REIT AG / Change of Personnel


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.

The Deutsche REIT AG (ISIN DE0005577001) appoints Dr Wilhelm Breuer (41) as
CFO of its Pre-REIT DR Commercial 1 AG effective 15.03.2008. Simultaneously
Dr Breuer will be appointed Chief Representative (Generalbevollmächtigter)
of the parent company Deutsche REIT AG with responsibilities in Finance and
Investor Relations.

For ten years Dr Breuer was Head of the Department Investor Relations with
IVG Immobilien AG and also authorized officer (Prokurist), where he
succesfully developed the IR department. With Dr Breuer the company
attained a financial expert and a practiced expert in capital markets
matters to support the further development of the company and its Pre-REIT.
Deutsche REIT AG expects to intensify communication with capital markets
and to develop its financial department by this appointment.

The subsidiary DR Commercial 1 AG is an acknowledged Pre-REIT and plans to
near-term invest EUR 350-500 mill. in office and commercial properties.
Deutsche REIT AG plans to issue up to 90 percent of the Pre-REIT at a stock
exchange. The correct timing of such listing will depend from a positive
market situation.


Information and Explaination of the Issuer to this News:

Deutsche REIT AG is a listed real estate company which is focused on the
initiation of REITs, the expansion of a high-yield property stock and the
asset management of both its own and third-party real estate. The main area
of activity of Deutsche REIT AG extends to those areas of Germany
characterized by strong growth.

Stephan Perthel 
Deutsche REIT AG
Große Sandkaul 2
50667 Köln
fon: +49.221.4672 0
fax: +49.221 4672 190

Axel Mühlhaus
edicto GmbH
Zeißelstraße 19
60318 Frankfurt
fon: +49.69.90550552
fax: +49.69.90550577

DGAP 20.02.2008 
Language:     English
Issuer:       Deutsche REIT AG
              Große Sandkaul 2
              50667  Köln
Phone:        +49 (0)221 / 4672 - 0
Fax:          +49 (0)221 / 4672 - 190
ISIN:         DE0005577001
WKN:          557700
Listed:       Regulierter Markt in Düsseldorf, München; Freiverkehr in
              Berlin, Stuttgart; Open Market in Frankfurt
End of News                                     DGAP News-Service