DGAP-Adhoc: ADLER Real Estate AG: ADLER Real Estate AG achieves the minimum acceptance rate of 50 percent already in the third week, thus sets the course for a successful takeover of ESTAVIS AG

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| Source: EQS Group AG
ADLER Real Estate AG  / Key word(s): Miscellaneous

14.05.2014 20:12

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 AG achieves the minimum acceptance rate of 50 percent
already in the third week, thus sets the course for a successful takeover
of ESTAVIS AG.

Hamburg, 14 May 2014. ADLER Real Estate Aktiengesellschaft (ISIN:
DE0005008007 / WKN: 500800), Frankfurt/M., announces with regard to the
voluntary public takeover offer (the "Offer") of ADLER Real Estate AG to
the shareholders of ESTAVIS AG, Berlin, that so far 10,173,019 shares of
ESTAVIS AG were submitted, this corresponds to 50.77 percent of the share
capital of ESTAVIS AG.

Therewith the minimum acceptance rate on the time of the publication of the
offer document of 50 percent of the outstanding shares of ESTAVIS AG has
been exceeded. The appropriate range condition has therefore been
fulfilled.

ADLER Real Estate AG is expected to publish the results of the offer after
the acceptance period ends on 30 May 2014.

Shareholders of ESTAVIS AG, who have not accepted the offer during the
acceptance period, can accept the offer within the further acceptance
period, which is expected to begin on 31 May 2014 and will end on 13 June
2014, 12 p.m. (CET).

Disclaimer

This notification is neither an offer to exchange nor an invitation to
release an offer to exchange shares of ESTAVIS AG. This notification is as
well neither an offer nor an invitation to purchase shares of ADLER Real
Estate AG. The final terms and conditions and further information regarding
the public takeover offer are contained in the Offer Document as of 25
April 2014 as well as in the Securities Prospectus which have been
published in connection with the takeover offer as of 24 April 2014 of
ADLER Real Estate AG. The Offer Document for the takeover offer is
available for download on the website of ADLER Real Estate AG
(www.adler-ag.com under Investor Relations) and will be available without
charge at Close Brothers Seydler Bank AG, Schillerstraße 27-29, 60313
Frankfurt am Main (also to order with complete address by letter to above
mentioned address or by fax to number +49 (0)69 92054 902). The Securities
Prospectus as of 24 April 2014 published in connection with the Exchange
Offer will be available without charge under the business address of ADLER,
ADLER Real Estate AG, Herriotstraße 5, 60528 Frankfurt am Main, as well as
on the website www.adler-ag.com under investor relations.

Investors and shareholders of ESTAVIS AG are strongly advised to read the
Offer Document and the Securities Prospectus as well as all other
announcements regarding the public takeover offer, because they contain
important information.

Subject to exceptions described in the Offer Document, no direct or
indirect takeover offer in the US or any other jurisdiction, in which this
would be a breach of national law, is submitted herewith.

The Offer Document and the Securities Prospectus contain forward-looking
statements. These do not describe facts and are characterized by terms like
"expect", "believe", "estimate", "intend", "aim", "assume" or similar
wordings. These statements express intentions, views or current
expectations and assumptions of ADLER Real Estate AG and persons acting in
concert with ADLER Real Estate AG pursuant to paragraph 2 sec. 5 of the
German Securities Acquisition and Takeover Act ("WpÜG"), e.g. regarding
possible consequences of the Takeover Offer for ESTAVIS AG and the
shareholders of ESTAVIS AG, who decide, not to accept the Takeover Offer,
or regarding the expected financial effects of the Takeover Offer on ADLER
Real Estate AG. Such forward-looking statements are based on current
financial planning, assumptions and expectations, which ADLER Real Estate
AG and persons acting in concert with ADLER Real Estate AG pursuant to
paragraph 2 sec. 5 WpÜG have made by the best of their knowledge, but do
not contain any statements as to their future accuracy. Forward-looking
statements are subject to risks and uncertainties, most of which are
difficult to estimate and usually are beyond the control of ADLER Real
Estate AG or persons acting in concert with ADLER Real Estate AG pursuant
to paragraph 2 sec. 5 WpÜG. Actual results or consequences might differ
materially from forward-looking statements.

For inquiries, please contact

Press: german communications dbk ag   
Jörg Bretschneider     
Alsterufer 34, 20354 Hamburg    
Tel.: +49 (0) 40/4688330,    
Fax: +49 (0) 40/478180,    
presse@german-communications.com    

Investor Relations: Hillermann Consulting
Christian Hillermann
Poststraße 14, 20354 Hamburg
Tel.: +49(0)40/ 32027910
Fax: +49(0)40/ 320279114
c.hillermann@hillermann-consulting.de 


14.05.2014 DGAP's Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de

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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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