DGAP-Adhoc

ADLER Real Estate AG: ADLER Real Estate increases capital by approximately 10 percent

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

29.10.2014 11:02

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 increases capital by approximately 10 percent

- 2,850,000 new shares placed at a price of EUR 7.40 per share

- Subscription rights of existing shareholders were excluded

- Proceeds shall be utilised to finance the acquisition of additional
real estate portfolios

Hamburg, 29 October 2014. ADLER Real Estate AG, Frankfurt am Main, Germany
(ISIN DE0005008007), successfully completed the capital increase from
approved capital resolved on 28 October 2014. A total of 2.85 million
shares were placed with institutional investors in Germany and the rest of
Europe under the exclusion of the subscription rights of existing
shareholders after the completion of an accelerated bookbuilding process.
The placement price per share was EUR 7.40. Consequently, the gross
emission proceeds from the capital increase amount to approx. EUR 21.09
million. Once the capital increase is entered in the commercial register,
the company's share capital will total approx. EUR 31.42 million. The new
shares will likely be approved on 31 October 2014 for trading without a
prospectus on the Regulated Market segment of the Frankfurt Stock Exchange
as well as the sub-segment of the Regulated Market with additional
post-admission obligations (Prime Standard) and be eligible for dividends
as at 1 January 2014.

The proceeds from the capital increase will be 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,
ADLER contractually secured the acquisition of a majority stake in housing
association Jade GmbH, which holds approx. 6,750 units. Following the
closing of this transaction, ADLER will hold a residential real estate
portfolio comprising more than 32,000 apartments.

Berenberg and Close Brothers Seydler Bank AG managed the transaction as
Joint Global Coordinators and Joint Bookrunners.

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: [phone], Fax: [phone]
[e-mail]

INVESTOR RELATIONS: Hillermann Consulting
Christian Hillermann
Poststraße 14, 20354 Hamburg, Germany
Phone: [phone], Fax: [phone]
[e-mail]


29.10.2014 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: [e-mail]
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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