EANS-Adhoc: GSW Immobilien AG intends to acquire real estate portfolio in Berlin with approx. 4,800 apartments
16.09.2011 – 23:03
-------------------------------------------------------------------------------- ad-hoc disclosure pursuant to section 15 of the WpHG transmitted by euro adhoc with the aim of a Europe-wide distribution. The issuer is solely responsible for the content of this announcement. -------------------------------------------------------------------------------- Contracts 16.09.2011 "Ad hoc disclosure according to section 15 German Securities Trading Act (WpHG) GSW Immobilien AG intends to acquire real estate portfolio in Berlin with approx. 4,800 apartments Berlin, September 16, 2011 Today GSW Immobilien AG and a GAGFAH S.A. group company entered into an exclusivity agreement with regard to the potential acquisition by GSW Immobilien AG of a residential real estate portfolio comprising approx. 4,800 apartments. The parties currently value the portfolio which is mainly situated in good residential areas in Berlin with approx. EUR 330 Mio. They have further reached an agreement on key terms of a potential transaction. The parties intend to shortly enter into binding agreements. A consummation of the transaction would be subject to merger clearance. Investor Relations Sebastian Jacob GSW Immobilien AG Charlottenstrasse 4 10969 Berlin, Germany Tel: +49-30-25 34 18 82 Fax: +49-30-25 34 19 09 E-Mail: sebastian.jacob@gsw.de Further inquiry note: Sebastian Jacob Tel.: +49 30 25 34- 18 82 E-Mail: sebastian.jacob@gsw.de end of announcement euro adhoc -------------------------------------------------------------------------------- issuer: GSW Immobilien AG Charlottenstr. 4 D-10969 Berlin phone: +49 30 68 99 99 0 FAX: +49 30 68 99 99 999 mail: kundenservice@gsw.de WWW: http://www.gsw.de sector: Real Estate ISIN: DE000GSW1111 indexes: SDAX stockmarkets: regulated dealing/prime standard: Frankfurt, regulated dealing: Berlin language: English