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Deutsche Wohnen acquires portfolios with around 15,200 residential units - Seite 2

Wohnen identified for a planned sale. They include properties in the Core+
locations Hamburg and Munich. With this disposal portfolio, the full
expertise of Deutsche Wohnen with regard to privatisations or block sales
can be used.

The purchase price including remaining liabilities amounts to around EUR
1.2 billion. It is being financed through around 50% from the banking
market and 50% existing liquid funds respectively.

Through the addition to the current portfolio, Deutsche Wohnen is able to
manage the acquired housing stock at optimum cost due to scale effects.
With the planned financing structure, the acquisitions are expected to
contribute an increase of the annual FFO of Deutsche Wohnen of around EUR
40 million after the full integration.

Subject to customary sales conditions, such as antitrust clearance, the
acquisition will be concluded in the coming months.



About Deutsche Wohnen

Deutsche Wohnen is one of the largest publicly listed real estate companies
in Germany and Europe with a business focus on managing and developing its
portfolio, which focusses on residential properties. As at 30 September
2015 the portfolio comprised 149,100 units, of which 147,000 were
residential and 2,100 commercial properties. Deutsche Wohnen is listed in
the Deutsche Börse's MDAX and is included in the leading indices
EPRA/NAREIT and GPR 100.



Contact:
Phone [phone]
Fax [phone]
[e-mail]


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27.11.2015 Dissemination of a Corporate News, transmitted by DGAP - a
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Language: English
Company: Deutsche Wohnen AG
Pfaffenwiese 300
65929 Frankfurt am Main
Germany
Phone: [phone]
Fax: [phone]
E-mail: [e-mail]
Internet: http://www.deutsche-wohnen.com
ISIN: DE000A0HN5C6
WKN: A0HN5C
Indices: MDAX
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated
Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich,
Stuttgart


End of News DGAP News Service
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418949 27.11.2015