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
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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
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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: 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
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