DGAP-News: ADLER Real Estate AG: ADLER Real Estate increases share in residential portfolio

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| Source: EQS Group AG
DGAP-News: ADLER Real Estate AG / Key word(s): Miscellaneous
ADLER Real Estate AG: ADLER Real Estate increases share in residential
portfolio

17.02.2014 / 17:16

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ADLER Real Estate increases share in residential portfolio

  - Increase of existing holding completed

  - 1,906 residential and commercial units in six federal states

Hamburg, 17 February 2014. For further optimizing its residential real
estate portfolio, ADLER Real Estate AG, Frankfurt/M., (ISIN DE0005008007),
has managed to complete an increase of holdings, which has been concluded
at the end of last year. ADLER therewith holds 94.8 percent of the shares
in three residential real estate portfolios in six federal states with
altogether 1,906 residential and commercial units. At the end of October
2013, ADLER at first held an indirect share of 52.8 percent. 'By the
current measure we could secure the maximum degree of influence and will
now be able to take care of optimization and realizing the potential for an
increase of value at the best', comments Axel Harloff, CEO of ADLER Real
Estate AG. The present closing of the transaction goes in line with ADLER's
strategy to only acquire majorities of residential real estate portfolios.

The three portfolios consist of 1,769 apartments and 137 commercial units
with total living and usable space of 113,526 square meters. The properties
in the portfolios are divided among six federal states: Schleswig-Holstein,
Mecklenburg-Western Pomerania, Saxony, Thuringia, North-Rhine Westphalia
and Rhineland-Palatinate. Most of the apartments are located in Rostock,
Düsseldorf, Dresden, Leipzig, Kiel, Hagen and Lübeck.

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
Poststraße 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 


End of Corporate News

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17.02.2014 Dissemination of a Corporate News, transmitted by DGAP - a
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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 News    DGAP News-Service  
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