Source: EQS Group AG
DGAP-Adhoc: ADLER Real Estate AG: ADLER Real Estate acquires shares in residential real estate portfolio
ADLER Real Estate AG / Key word(s): Miscellaneous
30.12.2013 18:55
Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted
by DGAP - a company of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
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ADLER Real Estate acquires shares in residential real estate portfolio
- Approx. 2,400 residential units in Lower Saxony
Hamburg, 30 December 2013. ADLER Real Estate AG, Frankfurt/M. (ISIN
DE0005008007) acquires shares in another portfolio of residential
properties in the course of the company's expansion strategy. The
acquisition comprises the majority interest in a housing association in
Lower Saxony which altogether holds approx. 2,400 residential units. The
portfolio fits very well in ADLER's portfolio strategy. This focuses on the
acquisition of residential properties in B-locations which generate
positive cash flow and show potential for appreciation. The properties are
located in cities and communities close to the city of Wolfsburg where the
Volkswagen Group is headquartered. Closing of the transaction is planned
for the next weeks.
The Management Board
For inquiries please contact:
Press: german communications dbk ag
Jörg Bretschneider
Alsterufer 34, 20354 Hamburg, Germany
Phone: +49-(0)40/46 88 33 0
Fax: +49-(0)40/47 81 80
presse@german-communications.com
Investor Relations: Hillermann Consulting
Christian Hillermann
PoststraÃe 14, 20354 Hamburg, Germany
Phone: +49-(0)40/32 02 79 10
Fax: +49-(0)40/32 02 79 114
c.hillermann@hillermann-consulting.de
30.12.2013 DGAP's Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de
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Language: English
Company: ADLER Real Estate AG
Alstertor 17
20095 Hamburg
Germany
Phone: +49 (0)40 - 29 8130-0
Fax: +49 (0)40 - 29 8130-35
E-mail: info@adler-ag.com
Internet: www.adler-ag.com
ISIN: DE0005008007, DE000A1R1A42,
WKN: 500800, A1R1A4
Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
in Berlin, Düsseldorf, Hamburg
End of Announcement DGAP News-Service
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