Fair Value REIT-AG

Regulatory Filings • Dec 19, 2007

News Details

Corporate | 19 December 2007 08:30

Fair Value REIT-AG listed on Deutsche Börse’s REIT segment as of today

Fair Value REIT-AG / Miscellaneous

Release of a Corporate News, transmitted by DGAP - a company of EquityStory
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• Fair Value second company in the RX REIT Index and in the RX REIT All
Share Index

Munich, December 19, 2007 – Just a few days after Fair Value REIT-AG's
successful registration in the commercial register, as of today the
Munich-based real estate company is also listed in Deutsche Börse's REITs
segment. This means that Fair Value REIT-AG – a company focusing on buying
and managing top quality commercial properties in the offices, logistics
and retail sectors – is the second company in the recently launched RX REIT
Index and the RX REIT All Share Index. In addition to investing directly in
real estate, Fair Value offers investors in closed-end real estate funds in
Germany the opportunity of swapping their interests for shares of Fair
Value (so-called Up-REIT).

Frank Schaich, Fair Value REIT-AG's CEO, is proud that his company is
included in these indices: 'We are one of the first real estate investment
trusts (REIT) on the German capital market and believe that our inclusion
in this index will boost investors' attention. We are able to position our
company on the real estate market at an early stage, and offer sellers exit
tax benefits. In addition, our investors benefit from the exemption from
trade and corporation tax, which means that our top-quality company will be
able to generate attractive returns in future.'

Deutsche Börse AG has underscored the importance of the new asset class in
Germany with its two REIT indices. The RX REIT All Share Index includes all
German and foreign REITs that are listed in the Prime Standard and General
Standard. The RX REIT Index includes the 20 largest and most liquid REITs
in the Prime Standard, which now also encompasses Fair Value REIT-AG.
Rainer Riess, Managing Director Cash Market Development at Deutsche Börse
AG: 'We are pleased to welcome Fair Value REIT-AG to our REITs segment.
Institutional investors do not regard real estate investment trusts as
being equities, but rather as real estate investments. This shows the
quality and diversified risk that REITS offer, and opens up a new, highly
attractive investment opportunity for investors.'

Company profile

Munich-based Fair Value REIT-AG focuses on the acquisition, rental,
property management and sale of commercial properties in Germany. Its
investment activities focus primarily on offices, logistics and retail
properties in German regional centers. As a REIT-AG, Fair Value benefits
from the exit tax privilege when making purchases, and it is exempt from
corporation and trade tax. Fair Value's USP is that – in addition to
investing directly in real estate – it also acquires interests in
closed-end real estate funds.

Fair Value currently participates in a highly diversified portfolio of 49
properties with a total rental area of 422,503 m² and a market value of
around EUR 561 million (Fair Value's interest in this portfolio currently
totals around EUR 226 million). In addition, Fair Value has secured a
portfolio of 33 commercial properties mostly used as bank branches with a
rental area of 45,438 m² via a direct acquisition and an office building
currently being constructed with a rental area of 4,659 m², with purchase
prices totaling around € 64.3 million. A high economic rental level of more
than 96% in terms of the total possible rent ensures sustained income.

Investor & Media Relations
cometis AG
Ulrich Wiehle
Tel.: +49(0)611 – 205855-11
Fax: +49(0)611 – 205855-66
e-mail: wiehle@cometis.de

19.12.2007 Financial News transmitted by DGAP

Language: English
Issuer: Fair Value REIT-AG
Leopoldstraße 244
80807 München
Deutschland
Phone: +49 (0)89 9292 815-01
Fax: +49 (0)89 9292 815-15
E-mail: info@fair-value-reit.de
Internet: www.fair-value-reit.de
ISIN: DE000A0MW975
WKN: A0MW97
Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
in Stuttgart, München

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