TAG Immobilien AG / Key word(s): Disposal 28.03.2014 18:51 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. --------------------------------------------------------------------------- Ad hoc release TAG sells its commercial real estate portfolio to fund affiliated with Apollo Global Management Hamburg, (28 March 2014 - TAG Immobilien AG ('TAG' in the following) today signed a contract with Apollo European Principal Finance Fund II, a fund affiliated with Apollo Global Management regarding the divestment of its approximately 270,000 sqm commercial real estate portfolio held via TAG Gewerbeimmobilien GmbH ('TAG GI' in the following). The sale will be performed as a share deal at a value of approx. EUR 297 million and a small book profit at TAG is expected. TAG will retain a 20% holding in TAG GI. The parties expect the deal to be concluded during the second quarter of 2014. Press enquiries: TAG Immobilien AG Head of Investor & Public Relations Dominique Mann Phone +49 (0) 40 380 32 300 Fax +49 (0) 40 380 32 390 pr@tag-ag.com 28.03.2014 DGAP's Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de --------------------------------------------------------------------------- Language: English Company: TAG Immobilien AG Steckelhörn 5 20457 Hamburg Germany Phone: 040 380 32 0 Fax: 040 380 32 390 E-mail: ir@tag-ag.com Internet: http://www.tag-ag.com ISIN: DE0008303504, XS0954227210 WKN: 830350, A1TNFU Indices: MDAX Listed: Regulierter Markt in Frankfurt (Prime Standard), München; Freiverkehr in Berlin, Düsseldorf, Hamburg, Hannover, Stuttgart End of Announcement DGAP News-Service ---------------------------------------------------------------------------
DGAP-Adhoc: TAG Immobilien AG sells its commercial real estate portfolio to fund affiliated with Apollo Global Management
| Source: EQS Group AG