DGH Deutsche Grundwert Holding AG, DE000A0B6VN9

DGH Deutsche Grundwert Holding AG, DE000A0B6VN9

07.11.2018 - 16:17:17

The Board of Management of DGH Deutsche Grundwert Holding AG herewith announces that DGH has been awarded the contract to acquire 295 residential units

The Board of Management of DGH Deutsche Grundwert Holding AG herewith announces that DGH has been awarded the contract to acquire 295 residential units, thus reaching its target for establishing its residential segment in 2018.

Berlin, 07 November 2018 - The Board of Management of DGH Deutsche Grundwert Holding AG (ISIN: DE000A0B6VN9) has today been awarded the contract to acquire 295 residential units from KEWOG kommunale Entwicklungs- und Wohnungsbaugesellschaft mbH. The real estate package comprises a total residential floor space of 19,888 m² on a plot of 57,381 m² at locations in Mitterteich and Oberfranken. Bernd Büsching, Managing Director of KEWOG, and Frank Peinelt and Michael Power, members of the board of DGH, have agreed that notarization of the sale is to take place in 2018. The parties have agreed non-disclosure of the purchase price.

DGH's New Generation Investment philosophy was a decisive factor for the municipal owners and local decision-makers in the exercise of their responsibility to ensure that DGH would continue to manage and develop the municipal housing stock in a sustainable manner compatible with social aspects, the interests of the region and the people living there.

Management Board Frank Peinelt, Michael Power Investor Relations Contact DGH Deutsche Grundwert Holding AG Michael Power Landsberger Allee 366 12681 Berlin Germany Phone: +49 (0) 30 52 0044 208 Fax: +49 (0) 30 52 0044 209 E-Mail: m.power@dgh-ag.com Internet: www.dgh-germany.com Executive Board: Frank Peinelt / Michael Power Chairman of the Supervisory Board: Udo Blümel Legal form: Stock corporation (AG) Commercial Register: Local Court Charlottenburg HRB 106 666 B

07-Nov-2018 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.dgap.de

Language: English Company: DGH Deutsche Grundwert Holding AG Landsberger Allee 366 12681 Berlin

Germany Phone: +49 (0) 30 52 0044 208 Fax: +49 (0) 30 52 0044 209 E-mail: info@dgh-germany.com Internet: www.dgh-germany.com ISIN: DE000A0B6VN9 WKN: A0B6VN Listed: Regulated Unofficial Market in Hamburg   End of Announcement DGAP News Service

742529  07-Nov-2018 CET/CEST

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