Accentro Real Estate AG

Regulatory Filings • Jun 28, 2007

News Details

Ad-hoc | 28 June 2007 20:10

ESTAVIS AG sells property portfolio for EUR 40 million

ESTAVIS AG / Miscellaneous

Release of an Ad hoc announcement according to § 15 WpHG, transmitted by
DGAP - a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.

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Berlin, 28th June 2007 – ESTAVIS AG (ISIN: DE000A0KFKB3) has today sold a
major property portfolio for approximately EUR 40 million to an
institutional investor located in the United Kingdom.

The portfolio has been assembled and structured ‚on-demand’ based on
pre-defined criteria. It includes 873 residential and commercial units
focusing on the regions Leipzig, Berlin and Northern Germany. ESTAVIS has
used the proceeds of its successful listing on 2nd April 2007 to acquire
the properties included in this portfolio.

The company assumes that the sales of this transaction will be recognised
to a large extent in the current financial year.

Peter Vogt - Investor & Public Relations - Tel: + 49 30 887 181 799 -
E-Mail: ir@estavis.de

DGAP 28.06.2007

Language: English
Issuer: ESTAVIS AG
Uhlandstr. 165
10719 Berlin Deutschland
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
Indices:
Listed: Geregelter Markt in Frankfurt (Prime Standard); Freiverkehr
in Berlin-Bremen, Düsseldorf, München, Stuttgart

End of News DGAP News-Service

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