GxP German Properties AG, DE000A1YCNN8

GxP German Properties AG, DE000A1YCNN8

21.02.2017 - 13:14:08

GxP German Properties - Management Board member Andreas Lewandowski transitions to Supervisory Board

GxP German Properties - Management Board member Andreas Lewandowski transitions to Supervisory Board

Berlin, February 21, 2017 - Andreas Lewandowski, Co-Founder and Management Board member of GxP German Properties (ISIN: DE000A1YCNN8, WKN: A1YCNN) resigns with immediate effect as Management Board member of GxP German Properties in order to transition to the Supervisory Board.

Mr. Lewandowski will be nominated to take on the vacant role as Chairman of the Supervisory Board. Johannes Meran takes over the finance department in his role as CEO and sole Management Board member.

In order to ensure operational continuity Mr. Lewandowski has committed to stay closely involved in the operations beyond his obligations as Supervisory Board member.

GxP German Properties plans to publish its preliminary financial results for the fiscal year 2016 on March 10, 2017.

Contact: Franziska Berg

GxP German Properties AG Europa Center 19.OG Tauentzienstr.9 D-10789 Berlin

TEL: +49 (0)30 886 26740 FAX: +49 (0)30 886 267411 E-MAIL: info@gxpag.com

Information and Explanation of the Issuer to this News:

'We would like to thank Mr. Lewandowski for his achievements in the development phase of the company as well as the good cooperation in the past. We are pleased that he stays closely involved with the company also in his new function,' said Johannes Meran, CEO of GxP German Properties.

GxP German Properties AG

With its headquarters in Berlin, GxP German Properties focuses on the Acquisition, Ownership and Management of office and retail properties in Germany. The investment strategy focuses on attractive commercial properties in the Core+/Value add segments in metropolitan regions and selected mid-sized cities in Germany. The company's strategy is to leverage significant appreciation potential through proactive portfolio management whilst safeguarding sustainable rental revenues at the same time. To this end, it draws on both its many years of experience in the property market and its extensive network.

The company's website can be accessed at www.gxpag.com

Contact details:

GxP German Properties AG Kirchhoff Consult AG Europa Center 19. OG Herrengraben 1 Tauentzienstr. 9 20459 Hamburg, Germany 10789 Berlin, Germany TEL.: +49 (0)40 609 186 65 TEL.: +49 (0)30 886 267 40 FAX: +49 (0)40 609 186 60 FAX: +49 (0)30 886 267 411 E-MAIL: gxp@kirchhoff.de E-MAIL: info@gxpag.com

21-Feb-2017 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.dgap.de

Language: English

Company: GxP German Properties AG Tauentzienstraße 9 10789 Hamburg

Germany Phone: +49 (0)30 88 62 67 40 Fax: +49 (0)30 88 62 67 411 E-mail: info@gxpag.com Internet: http://gxpag.com/ ISIN: DE000A1YCNN8 WKN: A1YCNN Listed: Regulated Unofficial Market in Hamburg, Munich, Stuttgart; Open Market (Entry Standard) in Frankfurt   End of Announcement DGAP News Service

546117  21-Feb-2017 CET/CEST

@ dgap.de