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