GWB Immobilien AG / Forecast 27.10.2008 Release of a Adhoc News, transmitted by DGAP - a company of EquityStory AG. The issuer is solely responsible for the content of this announcement. --------------------------------------------------------------------------- GWB Immobilien AG sold the Wuppertal property, a self-service department store, in the 1st quarter of 2008. Since the purchase contract with the initial buyer of the property had to be cancelled subsequently because of his violation of contractual commitments, GWB has signed a letter of intent with a new investor about acquisition of the property. The new buyer intends to acquire the property for a price that is about 10 per cent lower than the purchase price arranged with the initial buyer. Contrary to expectations, it has not been possible to achieve the original price because of the current financial market crisis. The difference of EUR 1.9 million from the original purchase price will depress GWB's earnings for 2008. DGAP 27.10.2008 --------------------------------------------------------------------------- Language: English Issuer: GWB Immobilien AG Hauptstraße 1a 22962 Siek Deutschland Phone: +49 4107 9080-0 Fax: +49 4107 908072 E-mail: info@gwb-immobilien.de Internet: www.gwb-immobilien.de ISIN: DE000A0JKHG0, DE000A0JRVH4, DE000A0JRVJ0 WKN: A0JKHG Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr in Hamburg, Düsseldorf, Stuttgart End of News DGAP News-Service ---------------------------------------------------------------------------
DGAP-Adhoc: GWB Immobilien AG: Extraordinary item depresses earnings
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