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ADLER Real Estate AG:

DGAP-News: ADLER Real Estate AG / Key word(s): Miscellaneous
ADLER Real Estate AG:

12.02.2016 / 20:06
The issuer is solely responsible for the content of this announcement.

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Corporate News

ADLER Real Estate AG: conwert Administrative Board expects shareholders to
forestall decision

- Extraordinary General Meeting of conwert Immobilien shareholders to be
convened in accordance with Austrian stock corporation law


Hamburg, 12 February 2016. The Administrative Board of conwert Immobilien
SE, Vienna, today rejected the content set forth in the agenda of an
Extraordinary General Meeting submitted by the subsidiary of ADLER Real
Estate AG, Frankfurt/M. (ISIN DE0005008007) due to be convened for
conwert's shareholders. Via its subsidiary MountainPeak Trading Ltd., ADLER
holds a 22.37 percent stake in conwert and had proposed that the
shareholders' meeting should adopt a resolution replacing three of the four
members of conwert's Administrative Board. As a result, ADLER believes that
the Administrative Board expects to forestall the decision by shareholders,
which requires very broad approval. ADLER is nevertheless confident that
the other shareholders will also judge the Administrative Board on its
performance to date and knowledge of German residential real estate and
conclude that the company's value can be increased far more effectively,
and in the interests of all shareholders, with the real estate experts
thereby proposed.

ADLER will address conwert's shareholders in an open letter to be published
in newspapers in Germany and Austria. Austrian stock corporation law grants
any shareholder holding more than 5 percent of a company the right to
request the convening of an Extraordinary General Meeting. ADLER now
expects such meeting to be convened without delay.

About ADLER Real Estate AG:

ADLER Real Estate AG, headquartered in Frankfurt and with its
administrative headquarters in Hamburg, focuses on the acquisition,
management and administration as well as privatisation of residential
property. ADLER invests primarily in portfolios or participations of
residential real estate companies with properties predominantly situated in
B locations in German conurbations that achieve a positive cash flow and
can offer a sustained value appreciation potential.

The ADLER subsidiary, ACCENTRO Real Estate AG, is one of the largest
privatisers of residential property in Germany. ACCENTRO markets suitable
residential properties from the ADLER Group's portfolio on a targeted
basis, and also brokers individual apartments on behalf of third parties to
owner-occupiers and investors who for example are seeking to create a
quasi-pension income. ADLER holds a 22.37 per cent stake in conwert
Immobilien Invest SE, Vienna, one of the leading real estate companies in
Austria. Over 80 per cent of conwert's property portfolio is located in
A-listed cities in Germany.

With a portfolio of over 50,000 residential and commercial units, ADLER is
among the top five largest listed German residential real estate companies
in Germany. In addition to the listing on the FTSE EPRA / NAREIT Global
Real Estate Index in London and the GRP General Index, shares in ADLER are
also listed in the small cap index SDAX of the Deutsche Börse.

For inquiries please contact:

Press:
german communications dbk ag
Jörg Bretschneider
Milchstr. 6 B, 20148 Hamburg
Phone: [phone]
Fax: [phone]
[e-mail]

Investor Relations:
Hillermann Consulting
Christian Hillermann
Poststraße 14, 20354 Hamburg
Phone: [phone]
Fax: [phone]
[e-mail]


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12.02.2016 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.

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Language: English
Company: ADLER Real Estate AG
Herriotstr. 5
60528 Frankfurt am Main
Germany
Phone: +49 (0)40 - 29 8130-0
Fax: +49 (0)40 - 29 8130-99
E-mail: [e-mail]
Internet: www.adler-ag.com
ISIN: DE0005008007, XS1211417362, DE000A1R1A42, DE000A11QF02
WKN: 500800, A14J3Z, A1R1A4, A11QF0
Indices: SDAX, GPR General Index
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated
Unofficial Market in Berlin, Dusseldorf, Hamburg


End of News DGAP News Service
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437267 12.02.2016