DGAP-Adhoc: Bau-Verein zu Hamburg AG: Bau-Verein zu Hamburg Aktien-Gesellschaft acquires large residential property portfolio

| Source: EQS Group AG EQS Group AG 

Bau-Verein zu Hamburg AG / Miscellaneous

24.06.2008 

Release of a Adhoc News, transmitted by DGAP - a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
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Today, the company Bau-Verein zu Hamburg Aktien-Gesellschaft and one of its
subsidiaries acquired a large, high-yield residential property portfolio
from Versorgungsanstalt des Bundes und der Länder (VBL), a public utility.
No comment was available on the extent of the purchase price.

The portfolio comprises 1,250 residential units with a total rented floor
space of approx. 82,000 m2 in various locations. Regional points of
concentration are Hamburg, Berlin and the Rhine/Main region. The
properties are distinguished by attractive cash flows and provide good
potential for portfolio development measures.
DGAP 24.06.2008 
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Language:     English
Issuer:       Bau-Verein zu Hamburg AG
              Steckelhörn 5
              20457 Hamburg
              Deutschland
Phone:        +49 (0)40 380 32-0
Fax:          +49 (0)40 380 32-388
E-mail:       info@bau-verein.de
Internet:     www.bau-verein.de
ISIN:         DE0005179006
WKN:          517900
Listed:       Regulierter Markt in Frankfurt (Prime Standard), Hamburg;
              Freiverkehr in Berlin, Düsseldorf, München, Stuttgart
End of News                                     DGAP News-Service
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