Accentro Real Estate AG

Capital/Financing Update • Feb 25, 2013

News Details

Ad-hoc | 25 February 2013 17:04

ESTAVIS AG: ESTAVIS AG completes private placement of notes totalling EUR 10 million

ESTAVIS AG / Key word(s): Bond

25.02.2013 17:04

Dissemination 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, 25 February 2013 - ESTAVIS AG today announced the successful
placement of a note issue totalling EUR 10 million. The international
private placement transaction was solely offered at institutional
investors. The offering was oversubscribed already at opening.

Andreas Lewandowski, Managing Director of ESTAVIS, noted his satisfaction
with this expression of ongoing confidence in the growth plans of the
company, which specialises in residential real estate. Once again, several
new investors were able to be brought on board, in addition to
subscriptions from existing investors.

The proceeds of the transaction will primarily be used to finance the
acquisition of a real estate portfolio in Berlin, which will mark yet
another significant step forward in the company's growth strategy. In order
to finance its further growth, ESTAVIS will propose a capital increase
against cash contributions at its upcoming general meeting of shareholders,
as well as other capital measures.

The one-year notes pay an annual interest coupon of 11% p. a.

The transaction was managed by Frankfurt investment bank Close Brothers
Seydler Bank AG, which served as Sole Lead Manager and Sole Bookrunner.

About ESTAVIS:
ESTAVIS AG is a listed property company focusing on residential properties.
Through its purchasing network, which extends throughout Germany, ESTAVIS
AG identifies property portfolios with great value-added potential and uses
its management expertise to harness this potential efficiently. In addition
to the regular cash flows generated from its real estate holdings, ESTAVIS
delivers investment returns through gains on tenant privatisations. ESTAVIS
AG is headquartered in Berlin and is listed on the Prime Standard of the
Frankfurt Stock Exchange (ISIN: DE000A0KFKB3 / WKN: A0KFKB).

Contact:
ESTAVIS AG
Investor & Public Relations
phone: + 49 30 887 181 799
e-mail: ir@estavis.de

Stockheim Media GmbH
Dr. Hubert Becker
phone: + 49 221 420 75 24
e-mail: hb@stockheim-media.com

25.02.2013 DGAP's Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de

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Language: English
Company: ESTAVIS AG
Uhlandstr. 165
10719 Berlin
Germany
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
Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
in Berlin, Düsseldorf, Hamburg, München, Stuttgart

End of Announcement DGAP News-Service

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