CR Capital AG

Notice of Dividend Amount • Mar 3, 2009

News Details

Corporate | 3 March 2009 10:54

CR Capital Real Estate AG anticipates an net income profit for 2008 of approx. EUR 3 million and a dividend of approx. EUR 0.20 per share

CR Capital Real Estate AG / Preliminary Results

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 CR Capital Real Estate AG anticipates an net income profit for
2008 of approx. EUR 3 million and a dividend of approx. EUR 0.20 per share
 Further real estate purchases planned for 2009

Berlin, 3 March 2009: CR Capital Real Estate AG - CR Capital - (WKN [German
securities ID code]: A0WMQ5; ISIN: DE000A0WMQ53), which focuses on the
high-quality real estate segment, today released key data on its
provisional earnings for the 2008 fiscal year.

Investor-friendly distribution policy
At the end of the previous fiscal year, the annual net income of the
Berlin-based real estate company was projected at around EUR 3 million. The
company, which was founded in May 2008, plans to distribute a dividend of
approx. EUR 0.20 per share.

'With regard to the current market price, this would correspond to a
dividend yield of more than 10 percent. This underscores our
investor-friendly distribution policy. In the future, we would also like
for our shareholders to participate in the positive business development of
CR Capital,' explains Thomas Ehrich, member of the CR Capital Board of
Management.

Concentration on Greater Berlin
For the reporting year, CR Capital successfully applied its clear regional
business strategy with a focus on the Berlin metropolitan area. The company
acquired properties in Berlin-Grunewald and in the area of
Berlin-Schönefeld, the new major airport. The firm sees great development
potential at both of these locations. In 2008, CR Capital sold its
properties in Leipzig and Dresden via a share deal. This successful
transaction significantly impacted the positive company results in 2008.

Further purchases planned for 2009
CR Capital wants to make positive use of the current market situation to
acquire more high-quality residential and commercial properties in the
Berlin metropolitan area at attractive prices.

'With an above-average, high equity ratio, we see ourselves well positioned
to develop strongly the existing property portfolio in the Berlin
metropolitan area in the coming years. We want to use a large portion of
our own funds for the planned financing of property purchases, in order to
remain relatively independent from the banks,' says Board of Management
member Thomas Ehrich.

REIT status sought in 2010
CR Capital plans to obtain REIT status in 2010. Recently the firm applied
for pre-REIT status at the Federal Central Tax Office. Since being founded,
the company has placed a high value on acquiring REIT-able properties and
keeping them in the portfolio on a long-term basis.

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.

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

03.03.2009 Financial News transmitted by DGAP