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    DGAP-News  442  0 Kommentare KWG Kommunale Wohnen AG: KWG signs Purchase Agreement for 2,908 residential and commercial units - Seite 2


    fiscal year. For 2012e KWG plans with an FFO of EUR 2.4 mn. KWG expects to
    increase its NAV per share by more than one Euro at first consolidation of
    the portfolio. Accounting for its new acquisition KWG expects annual rental
    income to increase from planned EUR 19.5 mn 2012e to EUR 32 mn in 2013e.

    KWG has entered into binding agreements with regards to the financing of
    the total purchase price. Debt financing will be provided at attractive
    conditions by a German Landesbank. The same bank has also agreed to finance
    planned refurbishment measures by means of a capex loan in the amount of
    EUR 15 mn.

    About KWG AG

    KWG Kommunale Wohnen AG is a long-term oriented owner and operator of
    German residential real estate units. The company acquires residential real
    estate portfolios at attractive conditions in promising micro-locations of
    metropolitan regions and German regional centres and sustainably increases
    their value through an active real estate asset management. By
    refurbishments to high energy efficiency standards incidental costs for
    tenants are being lowered. KWG AG covers the complete value chain from
    acquisitions to construction management and its own internal property
    management. As a result vacancies are being reduced and income from net
    cold rent is being increased. This leads to value enhancements of the
    properties, above average Returns on Equity and profitability. KWG´s
    portfolio comprises more than 6,800 units including units from BWAG´s
    portfolio. KWG´s shares are listed in the Entry Standard of the Frankfurt
    Stock Exchange.

    Contact

    KWG Kommunale Wohnen AG
    Jan Hutterer
    Head of IR/PR
    Alstertor 9
    20095 Hamburg
    Germany
    Tel.: +49/ 40/ 2263088-100
    eMail: ir@kwg-ag.de
    www.kwg-ag.de

    End of Corporate News




    20.12.2012 Dissemination of a Corporate News, transmitted by DGAP - a
    company of EquityStory AG.
    The issuer is solely responsible for the content of this announcement.

    DGAP´s Distribution Services include Regulatory Announcements,
    Financial/Corporate News and Press Releases.
    Media archive at www.dgap-medientreff.de and www.dgap.de




    Language:    English                                                
    Company:     KWG Kommunale Wohnen AG                                
                 Alstertor 9                                            
                 20095 Hamburg                                          
                 Germany                                                
    Phone:       040 22 63 088 100                                      
    Fax:         040 22 63 088 200                                      
    E-mail:      ir@kwg-ag.de                                           
    Internet:    www.kwg-ag.de                                          
    ISIN:        DE0005227342                                           
    WKN:         522734                                                 
    Listed:      Freiverkehr in Berlin, Düsseldorf, Hamburg, Hannover,   
                 München, Stuttgart; Open Market (Entry Standard) in    
                 Frankfurt                                              

    End of News    DGAP News-Service  

      
    197502 20.12.2012                                                      
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    DGAP-News KWG Kommunale Wohnen AG: KWG signs Purchase Agreement for 2,908 residential and commercial units - Seite 2 DGAP-News: KWG Kommunale Wohnen AG / Key word(s): RealEstate/AgreementKWG Kommunale Wohnen AG: KWG signs Purchase Agreement for 2,908residential and commercial units20.12.2012 / 16:33- Largest acquisition in the company´s history- Purchase price …