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Aareal Bank sells Main Triangle building to WCM (news with additional features)

DGAP-News: Aareal Bank AG / Key word(s): Miscellaneous
Aareal Bank sells Main Triangle building to WCM (news with additional
features)

24.06.2015 / 15:21

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Aareal Bank sells Main Triangle building to WCM

Wiesbaden, 24 June 2015 - Aareal Bank Group has sold the Main Triangle
building in Frankfurt to WCM Beteiligungs- und Grundbesitz AG. The purchase
price amounts to approximately EUR 92 million. The closing of the
transaction is expected for September 2015.

The seller of the property is Main Triangel GmbH, a subsidiary of Aareal
Bank AG. Aareal Estate AG supported the sales process as transaction
advisor. Aareal Bank has supported Main Triangel from the project planning
phase in 2001 to the construction and letting phase until today. The German
property investment market currently is characterised by a high demand for
high-quality properties in particular. For this reason, Aareal Bank decided
to sell the well-let property at the present time. Through this transaction
Aareal Bank generates a single-digit million amount to be recognised in the
income statement.


Contact:
Aareal Bank AG
Corporate Communications

Sven Korndörffer
Phone: [phone]
[e-mail]

Christian Feldbrügge
Phone: [phone]
[e-mail]

Jorge Person
Phone: [phone]
[e-mail]

Alessandro Schwarz
Phone: [phone]
[e-mail]

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Aareal Bank AG,
Registered Office: Wiesbaden
Commercial Register: Amtsgericht Wiesbaden HRB 13184
Chairman of the Supervisory Board: Marija G. Korsch
Management Board: Dr. Wolf Schumacher (Chairman), Hermann J. Merkens
(Deputy Chairman), Dagmar Knopek, Thomas Ortmanns



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Additional features:

Document: http://n.equitystory.com/c/fncls.ssp?u=GIEIOROFST
Document title: 20150624_Press Release.pdf

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24.06.2015 Dissemination of a Corporate News, transmitted by DGAP - a
service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

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: Aareal Bank AG
Paulinenstr.15
65189 Wiesbaden
Germany
Phone: [phone] - 0
Fax: [phone] - 2332
E-mail: [e-mail]
Internet: www.aareal-bank.com
ISIN: DE0005408116
WKN: 540811
Indices: MDAX
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated
Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich,
Stuttgart; Stockholm


End of News DGAP News-Service
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371683 24.06.2015