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Deutsche Annington Immobilien SE announces the sale of around 9,600 residential units from the newly-acquired Vitus portfolio

Deutsche Annington Immobilien SE  / Key word(s): Disposal

09.10.2014 18:07

Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted
by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

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Bochum, 9 October 2014 - Deutsche Annington Immobilien SE ("Deutsche
Annington"), as seller, and a subsidiary of LEG Immobilien AG, as buyer,
today signed an agreement regarding a portfolio transaction of around 9,600
residential units. The portfolio to be sold constitutes a part of the
former Vitus portfolio located in North Rhine Westphalia, which Deutsche
Annington acquired with effect from 1 October 2014. Including transaction
costs, the total purchase price of the present transaction amounts to EUR
484 million. Transaction costs include, inter alia, an assumption of the
proportional costs of refinancing. Deutsche Annington intends to use the
proceeds from the transaction for the repayment of credit facilities.

Following antitrust approval, the transaction is expected to close by the
end of October 2014.



Additional information:
Stock exchange: Regulated Market (Prime Standard), Frankfurt Stock Exchange

ISIN: DE000A1ML7J1
WKN: A1ML7J
Common Code : 094567408
Registered office of Deutsche Annington: Vogelsanger Weg 80, 40472
Dusseldorf, Germany
Business address of Deutsche Annington: Philippstrasse 3, 44803 Bochum,
Germany


Contacts: 

Deutsche Annington Immobilien SE
Thomas Eisenlohr
Head of Investor Relations
Telephone: +49(0)234-314-2384
Thomas.Eisenlohr@deutsche-annington.com

Deutsche Annington Immobilien SE
Klaus Markus
Head of Corporate Communications
Telephone +49(0)234 314 - 1149
Klaus.Markus@deutsche-annington.com


09.10.2014 The DGAP 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:      Deutsche Annington Immobilien SE
              Münsterstraße 248
              40470 Düsseldorf
              Germany
Phone:        +49 234 314 2384
Fax:          +49 234 314 888 2384
E-mail:       investorrelations@deutsche-annington.com
Internet:     www.deutsche-annington.com
ISIN:         DE000A1ML7J1
WKN:          A1ML7J
Indices:      MDAX
Listed:       Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
              in Berlin, Düsseldorf, Hamburg, München, Stuttgart
 
End of Announcement                             DGAP News-Service
 
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