DGAP-Adhoc: Deutsche REIT AG profitably sells residential real estate at 17.9 million EUR


Deutsche REIT AG / Miscellaneous/Miscellaneous

10.07.2008 

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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Deutsche REIT AG has sold profitably residential real estate. The proceeds
from this transaction amounting to 17.9 million EUR are aimed to reduce
liabilities in short term acquisition finance and to improve liquidity in
order to finance further acquisitions in residential and commercial
properties.

The portfolio makes part of the residential properties of Deutsche REIT AG.
The flats involved will generate further cash flow and are kept in title
with Deutsche REIT AG. They shall be sold within the end of the year 2009.

The Management Board confirms its annual forecast 2008 achieving group
earnings of 15.0 million EUR (IFRS before taxes).

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Information and Explaination of the Issuer to this News:

About Deutsche REIT AG

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.


Mr Axel Mühlhaus
Mr Werner Rüppel
edicto GmbH
Zeißelstraße 19
60318 Frankfurt
Germany

fon: +49.69.90550552
fax: +49.69.90550577
email: amuehlhaus@edicto.de



DGAP 10.07.2008 
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Language:     English
Issuer:       Deutsche REIT AG
              Große Sandkaul 2
              50667  Köln
              Deutschland
Phone:        +49 (0)221 / 4672 - 0
Fax:          +49 (0)221 / 4672 - 190
E-mail:       info@deutschereit.de
Internet:     www.deutschereit.de
ISIN:         DE0005577001
WKN:          557700
Listed:       Regulierter Markt in Düsseldorf, München; Freiverkehr in
              Berlin, Stuttgart; Open Market in Frankfurt
End of News                                     DGAP News-Service
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