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ADLER Real Estate AG: ADLER Real Estate AG Sells Property in Saarbrücken

ADLER Real Estate AG / Miscellaneous


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ADLER Real Estate AG Sells Property in Saarbrücken

- Transaction will generate between two and three million Euros in cash

Hamburg, 1 December 2009. ADLER Real Estate AG (ISIN DE0005008007),
Frankfurt, has sold its Hafenstraße property in downtown Saarbrücken
effective 31 December 2009 to a Saarland state pension fund. The site,
around 4,300 square meters in area, was originally slated for development
as a hotel and office building, but the company decided to sell the project
as part of its change of strategy. This transaction, which will have only a
minor impact on ADLER's 2009 earnings, will generate a cash flow of between
two and three million Euros for the company.

The Management Board

If you have any questions, please contact:

german communications dbk ag
Jörg Bretschneider
Alsterufer 34, 20354 Hamburg
Phone: 040/46 88 33 0, Fax: 040/47 81 80

01.12.2009  Financial News distributed by DGAP. Media archive at and

Language:     English
Company:      ADLER Real Estate AG
              Neuer Wall 77
              20354 Hamburg
Phone:        +49 (0)40 - 29 8130-0
Fax:          +49 (0)40 - 29 8130-35
ISIN:         DE0005008007
WKN:          500800
Listed:       Regulierter Markt in Berlin, Frankfurt (General Standard),
              Düsseldorf, München; Freiverkehr in Hamburg
End of News                                     DGAP News-Service