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12/06/2010

Deutsche Wohnen AG: Deutsche Wohnen moves up to MDAX

DGAP-News: Deutsche Wohnen AG: Deutsche Wohnen moves up to MDAX


Deutsche Wohnen AG / Key word(s): Miscellaneous
Deutsche Wohnen AG: Deutsche Wohnen moves up to MDAX

06.12.2010 / 11:33

CORPATE NEWS

Deutsche Wohnen moves up to MDAX

Frankfurt am Main / Berlin, 6 December 2010. Deutsche Wohnen AG will be listed in Deutsche Börse's MDAX in the future. Deutsche Wohnen AG is to replace Postbank AG in the index of mid-sized German joint stock companies as of 8 December 2010. The decision to include Deutsche Wohnen AG was taken on the evening of 3 December in Frankfurt.

Michael Zahn, CEO of Deutsche Wohnen AG said, 'We are proud to be included in the MDAX. This move confirms the sustainability and solidity of our business model. The markets have responded very positively to our performance over recent months. So it is only natural that from December 2010 we will be one of the 50 mid-sized German stock corporations from classical industrial sectors that come after the 30 DAX companies. This will be a great motivation for us to meet all the expectations that are now being placed in us.'

Deutsche Börse describes the MDAX on its website under the heading 'A focus on traditional sectors' as an index that contains 'solid, strong brand names and highly specialised companies that are leaders in their field with constant earnings development'. Deutsche Wohnen AG's move upwards was not scheduled; the takeover of Postbank AG by Deutsche Bank meant that a place in the MDAX had to be filled.

Deutsche Wohnen

Deutsche Wohnen is Germany's second-largest listed residential property company with a business focus on managing and developing its residential property portfolio. The portfolio comprises 47,665 units in total, of which 47,209 are residential units and 456 are commercial properties. Its portfolio consists of 47,665 units in total, of which 47,209 are residential units and 456 commercial properties. The Company has 81.84 million shares listed in the Deutsche Börse's MDAX from December 2010 and is also included in the leading indices EPRA/NAREIT and GPR 250.




Contact:
+49 (0)30 / 89786 - 551


End of Corporate News


06.12.2010 Dissemination of a Corporate News, transmitted by DGAP - a company of EquityStory AG.
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105579  06.12.2010