ESTAVIS AG / Miscellaneous 01.07.2008 Release of a Corporate News, transmitted by DGAP - a company of EquityStory AG. The issuer is solely responsible for the content of this announcement. --------------------------------------------------------------------------- Berlin, July 1, 2008 ESTAVIS AG (ISIN: DE000A0KFKB3) signed exclusive sales contracts with two of Germanys leading sales organisations for apartment sales. The step is designed to expand the companys existing sales capacities in this segment, and to do so on a major scale. In 2007, these two sales organisations retailed more than 1,000 apartments to private investors. The exclusive collaboration will enable ESTAVIS to substantially expand the basis for dynamic growth in the area of apartment retailing to private investors. Even today, with about 850 apartments retailed in the concluded 2007/2008 financial year alone, ESTAVIS Group counts among the leading providers in this market segment in Germany. Having said this, it needs to be remembered that B&V Group joined the consolidation area of the ESTAVIS Group as recently as November 1, 2007. During the coming financial years, ESTAVIS expects a major increase in sales volume. In this context, the company will benefit in particular from the high interest of private investors in custom solutions for real estate-based pension schemes ('property pension plan') and in lavishly redeveloped historic real estate with attractive tax depreciation options. Rainer Schorr, CEO of ESTAVIS, elaborated: 'We expect that the homeownership will gain increasing importance as capital investment and as pension provision. The drastic expansion of our sales capacities has helped us to position ourselves in the most favourable way to meet the growing demand for apartments.' About ESTAVIS AG ESTAVIS AG is a listed company headquartered in Berlin, Germany. Activities focus on the business areas of portfolio trading, apartment sales to private investors, property development and management. The portfolio trading line has made the company one of Germany's leading 'market makers,' mediating between private property sellers and institutional buyers of property portfolios. ESTAVIS approaches the acquisition of individual property with a set of pre-defined criteria, pooling them into structured portfolios and selling these 'on-demand' to institutional investors inside and outside Germany. For the identification of opportunities, ESTAVIS relies on an extensive network including more than 500 experienced realtors, among other professionals. On top of that, its track record of around 850 apartments sold during the 2007/2008 financial year makes ESTAVIS Group one of the leading providers in the fast-growing market segment of private property-based investments. With the takeover of B&V Bauträger- und Vertriebsgesellschaft für Immobilien mbH in October 2007, ESTAVIS AG has clearly consolidated its the activities of in this segment. Since April 2007, ESTAVIS AG has been listed in the Prime Standard of the Frankfurt stock exchange (ISIN: DE000A0KFKB3). Contact: ESTAVIS AG - Peter Vogt - Investor & Public Relations - Tel: + 49 30 887 181 799 - E-Mail: ir@estavis.de DGAP 01.07.2008 --------------------------------------------------------------------------- Language: English Issuer: ESTAVIS AG Uhlandstr. 165 10719 Berlin Deutschland Phone: +49 (0)30 - 887 181 - 0 Fax: +49 (0)30 - 887 181 - 11 E-mail: info@estavis.de Internet: http://www.estavis.de ISIN: DE000A0KFKB3 WKN: A0KFKB Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin, Düsseldorf, München, Stuttgart End of News DGAP News-Service ---------------------------------------------------------------------------
DGAP-News: ESTAVIS AG Expands its Capacities for Apartment Sales
| Source: EQS Group AG