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Deutsche Wohnen AG: Deutsche Wohnen confirms rejection in bidding procedure for LBBW portfolio

DGAP-News: Deutsche Wohnen AG: Deutsche Wohnen confirms rejection in bidding procedure for LBBW portfolio

Deutsche Wohnen AG / Key word(s): Miscellaneous

11.10.2011 / 10:51

Frankfurt/Main and Berlin, 11 October 2011. Deutsche Wohnen is no longer a participant in the bidding procedure for the acquisition of the LBBW-Immobilien real estate portfolio.
'We regret this development', Michael Zahn, Chief Executive Officer of Deutsche Wohnen AG, stated. 'We will continue to pursue our successful course of expansion.'

Deutsche Wohnen
Deutsche Wohnen is one of the largest listed residential property companies in Germany with a business focus on managing and developing its residential property portfolio. On 30 June 2011 the portfolio comprises 48,653 units in total, of which 48,206 are residential units and 447 are commercial properties. The Company has 81.84 million shares listed in the Deutsche Börse's MDAX and is also included in the leading indices EPRA/NAREIT and GPR 250.

+49 (0)30 / 89786 - 551 

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11.10.2011 Dissemination of a Corporate News, transmitted by DGAP - a company of EquityStory AG.
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Language: English Company: Deutsche Wohnen AG Pfaffenwiese 300 65929 Frankfurt Germany Phone: +49 (0)30 89786-0 Fax: +49 (0)30 89786-507 E-mail: Internet: ISIN: DE000A0HN5C6, DE0006283302 WKN: A0HN5C, 628330 Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin, Düsseldorf, Hamburg, München, Stuttgart  
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