Accentro Real Estate AG

Capital/Financing Update • Nov 8, 2013

News Details

Ad-hoc | 8 November 2013 10:03

ESTAVIS AG: Estavis AG Issues Five-Year Bond over 15 Million Euros

ESTAVIS AG / Key word(s): Issue of Debt

08.11.2013 10:03

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.

---

Berlin, 8 November 2013 - With the approval of the company's supervisory
board, the senior management of ESTAVIS AG resolved today to place a
corporate bond in a total volume of up to 15 million euros. The issue's
maturity was set at five years. The interest coupon equals 9,25% p.a. The
issue price is 100%.

The annual coupon date was set at 14 November, and the bond's bullet
maturity at 14 November 2018. Bids may be submitted during the offering
period from 11 November to 12 November 2013. As of 14 November 2013, the
partial debentures are expected to be integrated into the open market of
Deutsche Börse AG (Regulated Unofficial Market at the Frankfurt stock
exchange).

The senior management intends to use the issue proceeds primarily to repay
a bond upon maturity in March 2014, and to acquire more real estate
earmarked for the expanding proprietary portfolio. This is meant to enlarge
the real estate holdings in the portfolio business line, and to expand the
proprietary stock in the housing privatisation business line of apartment
retailing for the company's own account.

The transaction was facilitated by Close Brothers Seydler Bank AG,
Frankfurt am Main, as sole global coordinator and Bookrunner.

• End of communiqué for immediate release -

About ESTAVIS:
Estavis AG is a listed property company focusing on residential real
estate. The company selectively acquires residential portfolios with the
intention of holding these assets long-term. Accentro, a subsidiary of
Estavis and the Group's other mainstay, is the market leader in housing
privatisation services in Germany. Estavis AG is headquartered in Berlin
and is listed on the Prime Standard of the Frankfurt Stock Exchange (German
Securities Code Number [WKN]: A0KFKB).

Contact:
ESTAVIS AG
Investor & Public Relations
Tel: + 49 30 887 181 799
E-mail: ir@estavis.de

08.11.2013 DGAP's Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de

---

Language: English
Company: ESTAVIS AG
Uhlandstr. 165
10719 Berlin
Germany
Phone: +49 (0)30 - 887 181 - 0
Fax: +49 (0)30 - 887 181 - 11
E-mail: info@estavis.de
Internet: http://www.estavis.de
ISIN: DE000A0KFKB3
WKN: A0KFKB
Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
in Berlin, Düsseldorf, Hamburg, München, Stuttgart

End of Announcement DGAP News-Service

---