DGAP-News

OFFICEFIRST Immobilien will offer shares between EUR 21 and 23 per share - Seite 2

Including the capital increase and a full execution of the Greenshoe, the
offer volume can amount to up to EUR 888 million and the offering may
represent up to 50 per cent of the outstanding shares post IPO. Subject to
a successful offering, OFFICEFIRST Immobilien will raise EUR 450 million in
gross proceeds from the issuance of up to 21,428,571 new shares. The exact
number will depend on the final issuance price. IVG will also place
14,000,000 existing shares in addition to the new shares. Up to 5,314,285
additional existing shares from the holdings of IVG may be offered to cover
potential over-allotments. This would bring the overall offer size to up to
40,742,856 shares.

The Company and IVG will be subject to a 180 day lock-up provision, subject
to certain exceptions, including in the case of IVG in relation to certain
share pledges.

The decision on the precise number of shares to be placed and the final
offer price will likely be made on 13 October 2016. Trading on the
regulated market of the Frankfurt Stock Exchange (Prime Standard) under the
securities identification number (WKN) A2ASHC and the international
securities identification number (ISIN) DE000A2ASHC7 is scheduled to start
on 14 October 2016. The prospectus, which has been approved by the German
financial supervisory authority (BaFin), is available for viewing and
downloading from the OFFICEFIRST Immobilien website
http://www.officefirst.com/IPO.

Deutsche Bank and Goldman Sachs International act as joint global
coordinators and joint bookrunners. Kempen & Co, Berenberg and BofA Merrill
Lynch have been mandated as additional joint bookrunners.


About OFFICEFIRST Immobilien

OFFICEFIRST Immobilien is focused on the management and development as well
as the purchase and sale of office properties in Germany. The portfolio is
primarily spread across the top metropolitan areas Frankfurt, Munich,
Hamburg, Stuttgart, Dusseldorf and Berlin. With a total value of EUR 3.3
billion (as at 30 June 2016), OFFICEFIRST Immobilien is one of the largest
owners of office properties in Germany. The Company's objective is to
sustainably increase the value of its individual properties through its
in-house value creating capabilities and real estate management activities.


OFFICEFIRST Immobilien media contact

Libor Vincent
Head of Communications & Investor Relations
Tel.: [phone]
Fax: [phone]
Cell: [phone]
E-mail: [e-mail]

Nina Wittkopf
Head of Investor Relations
Tel.: [phone]
Fax: [phone]
Cell: [phone]
E-Mail: [e-mail]