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News

10/11/2011

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

Corporate 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. Contact: +49 (0)30 / 89786 - 551 End of Corporate News --------------------------------------------------------------------- 11.10.2011 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: Deutsche Wohnen AG Pfaffenwiese 300 65929 Frankfurt Germany Phone: +49 (0)30 89786-0 Fax: +49 (0)30 89786-507 E-mail: ir@deutsche-wohnen.com Internet: http://www.deutsche-wohnen.com ISIN: DE000A0HN5C6, DE0006283302 WKN: A0HN5C, 628330 Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin, Düsseldorf, Hamburg, München, Stuttgart End of News DGAP News-Service --------------------------------------------------------------------- 141912 11.10.2011