CR Capital AG

Delisting Announcement • Apr 6, 2009

News Details

Corporate | 6 April 2009 17:02

CR Capital Real Estate AG obtains pre-REIT status

CR Capital Real Estate AG / Miscellaneous

Announcement, transmitted by DGAP - a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.

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 CR Capital Real Estate AG obtains pre-REIT status

Berlin, Germany, 6 April 2009: CR Capital Real Estate AG - CR Capital -
(WKN [German securities ID code]: A0WMQ5; ISIN: DE000A0WMQ53), active in
the high quality real estate segment, today announced that the Federal
Central Tax Office has granted the Company pre-REIT status with retroactive
effect as of 5 January 2009.

'On the way towards the planned REIT status in 2010, we have achieved an
important interim goal with the pre-REIT status. This is an important
signal for the capital market as tax privileges and high distribution rates
are to be anticipated. We announced recently that we want to propose a
dividend payment of EUR 0.20 per share to the Annual General Meeting, thus
already reflecting the high payout ratio of a REIT.
On the operating level, we are anticipating that the pre-REIT status will
bring us advantages in acquiring new properties. CR Capital would like to
make active use of the current market situation in order to expand its
portfolio. Therefore, we are currently scanning the market for interesting
properties generating good returns', explains Thomas Ehrich, CEO of CR
Capital Real Estate AG.

The Board of Management

Background to CR Capital Real Estate AG:

CR Capital Real Estate AG, founded in May 2008, is a real estate company
whose core business is the acquisition, portfolio management, development
and sale of high-quality residential and commercial properties. The company
operates in the Berlin metropolitan area. Its goal is to achieve sustained
and profit-oriented growth with a balanced property portfolio, with REIT
status being targeted in 2010. Since October 2008, CR Capital Real Estate
AG has been listed in the Open Market on the Frankfurt Stock Exchange. The
company recently received the rating A+ from the independent Creditreform
for its good credit standing.

Company contact:

CR Capital Real Estate AG
Hubertusallee 73
14193 Berlin
www.capital-real-estate-ag.de

Phone: 030 / 89 72 72 48
Fax: 030 / 89 72 73 03
info@capital-real-estate-ag.de

Investor Relations contact:

GFEI Gesellschaft für Effekteninformation mbH
Carl Bosch Haus
Hamburger Allee 26-28
60486 Frankfurt am Main

Phone: +49 (0)69 - 743 037 - 00
Fax: +49 (0)69 - 743 037 - 22
www.gfei.de
cr-capital-real-estate@gfei.de

06.04.2009 Financial News transmitted by DGAP