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ADLER Real Estate AG: ADLER Real Estate resolves capital increase

ADLER Real Estate AG  / Key word(s): Capital Increase

28.10.2014 18:20

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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ADLER Real Estate AG resolves capital increase

  - Capital increase of up to 2,850,000 shares, corresponding to approx. 10
    percent of the existing share capital

  - Subscription rights of shareholders excluded

  - Aims to finance the equity share for the acquisition of additional real
    estate portfolios

Hamburg, Germany, 28 October 2014. ADLER Real Estate AG, Frankfurt am Main,
Germany (ISIN DE0005008007), plans to strengthen its financial position so
as to further expand its residential real estate portfolio. The Management
Board, with the consent of the Supervisory Board, today resolved to
increase the company's existing statutory share capital from approx. EUR
28.568 million to up to approx. EUR 31.418 million under partial
utilisation of approved capital 2014/I, which was resolved by the General
Meeting in May 2014, by issuing up to 2.85 million new shares with a
pro-rata amount of share capital of EUR 1.00 per share. Subscription rights
of shareholders were excluded.

The up to 2.85 million new shares will likely be offered to institutional
investors in Germany and the rest of Europe within the scope of an
accelerated bookbuilding procedure. The placement price for the new shares
such as the final number will likely be determined on 29 October 2014 based
on the result of the accelerated bookbuilding. Berenberg and Close Brothers
Seydler Bank AG will manage the transaction as joint global coordinators
and joint bookrunners.

The proceeds from the capital increase will utilised to finance the equity
share for the acquisition of additional real estate portfolios by ADLER,
thereby strengthening the company's financial position. On Thursday, 23
October 2014, ADLER contractually secured the acquisition of a majority
stake in housing association Jade GmbH, which holds approx. 6,750 units.

Disclaimer

This document does not constitute an offer to sell or an invitation to make
an offer to buy or subscribe for securities of ADLER Real Estate
Aktiengesellschaft. There is neither a public offer of securities of ADLER
Real Estate Aktiengesellschaft nor does any person intend to make such
offer.

This document and the information contained therein may not be distributed
in the United States of America, Canada, Australia, Japan or other
jurisdictions, in which such offer, respectively, such invitation to make
an offer to buy or subscribe for securities is not allowed. This document
does not constitute an offer to sell securities in the United States.

Securities may not be sold or offered for sale within the United States or
to or for the account of / in favour of US citizens (as defined in
Regulation S under the U.S. Securities Act of 1933 in the current version
(the "Securities Act") unless they are registered under the regulations of
the Securities Act or unless they are subject to an exemption from
registration. Neither ADLER Real Estate Aktiengesellschaft nor any other
person intend to register securities of ADLER Real Estate
Aktiengesellschaft or to make a public offer of securities of ADLER Real
Estate Aktiengesellschaft in the United States.

For inquiries please contact:

PRESS: german communications dbk ag 
Jörg Bretschneider
Milchstr. 6 B, 20148 Hamburg, Germany
Phone: +49-(0)40/46 88 33 0, Fax: +49-(0)40/46 88 33 40
presse@german-communications.com

INVESTOR RELATIONS: Hillermann Consulting
Christian Hillermann
Poststraße 14, 20354 Hamburg, Germany
Phone: +49-(0)40/32 02 79 10, Fax: +49-(0)40/32 02 79 114
c.hillermann@hillermann-consulting.de


28.10.2014 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:      ADLER Real Estate AG
              Alstertor 17
              20095 Hamburg
              Germany
Phone:        +49 (0)40 - 29 8130-0
Fax:          +49 (0)40 - 29 8130-35
E-mail:       info@adler-ag.com
Internet:     www.adler-ag.com
ISIN:         DE0005008007, DE000A1R1A42, DE000A11QF02
WKN:          500800, A1R1A4, A11QF0
Listed:       Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
              in Berlin, Düsseldorf, Hamburg
 
End of Announcement                             DGAP News-Service
 
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