ADLER Real Estate AG

Regulatory Filings • Dec 1, 2009

News Details

Ad-hoc | 1 December 2009 16:55

ADLER Real Estate AG: ADLER Real Estate AG Sells Property in Saarbrücken

ADLER Real Estate AG / Miscellaneous

01.12.2009

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ADLER Real Estate AG Sells Property in Saarbrücken

• Transaction will generate between two and three million Euros in cash

Hamburg, 1 December 2009. ADLER Real Estate AG (ISIN DE0005008007),
Frankfurt, has sold its Hafenstraße property in downtown Saarbrücken
effective 31 December 2009 to a Saarland state pension fund. The site,
around 4,300 square meters in area, was originally slated for development
as a hotel and office building, but the company decided to sell the project
as part of its change of strategy. This transaction, which will have only a
minor impact on ADLER's 2009 earnings, will generate a cash flow of between
two and three million Euros for the company.

The Management Board

If you have any questions, please contact:

german communications dbk ag
Jörg Bretschneider
Alsterufer 34, 20354 Hamburg
Phone: 040/46 88 33 0, Fax: 040/47 81 80
presse@german-communications.com

01.12.2009 Financial News distributed by DGAP. Media archive at www.dgap-medientreff.de and www.dgap.de

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Language: English
Company: ADLER Real Estate AG
Neuer Wall 77
20354 Hamburg
Deutschland
Phone: +49 (0)40 - 29 8130-0
Fax: +49 (0)40 - 29 8130-35
E-mail: info@adler-ag.de
Internet: www.adler-ag.de
ISIN: DE0005008007
WKN: 500800
Listed: Regulierter Markt in Berlin, Frankfurt (General Standard),
Düsseldorf, München; Freiverkehr in Hamburg

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