Accentro Real Estate AG
ESTAVIS AG: ESTAVIS AG to Concentrate on Housing Privatisation Business – New supervisory board appointed as of 01 September 2014
ESTAVIS AG / Key word(s): Strategic Company Decision/Change of Personnel 01.09.2014 18:08 Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement. --------------------------------------------------------------------------- Berlin, 01 September 2014 - The Berlin-based company ESTAVIS AG will further intensify its focus on the privatisation of apartments from its own portfolio and on behalf of third parties. Real estate acquired by ESTAVIS AG in the future will therefore no longer be added to the proprietary portfolio, but be earmarked for privatisation instead. In another development, Torsten Ceijka will end his term on the management board of ESTAVIS AG. Going forward, Jacopo Mingazzini, who is Managing Director both of ESTAVIS AG and of its privatisation arm ACCENTRO GmbH, will head the company as its sole board member. The recent acquisition of ESTAVIS by ADLER Real Estate AG has also brought changes for the company's supervisory board. Specifically, Axel Harloff, member of the board of ADLER Real Estate AG, Carsten Wolff, Head of Accounting and Finance at ADLER Real Estate AG, and Dr. Dirk Hoffmann, JD, attorney at law, have been appointed as the new members of the company's supervisory board as of 01 September 2014. All previous members of the supervisory board ended their term on the board as of 31 August 2014. About ESTAVIS ESTAVIS AG is a listed property company focusing on residential properties. The company specialises in housing privatisation, retailing both proprietary and third-party housing stock. ACCENTRO, a subsidiary of ESTAVIS, is Germany's market leader in housing privatisations as a service. ESTAVIS AG is headquartered in Berlin and is listed on the Prime Standard of the Frankfurt Stock Exchange (German Securities Code Number (WKN): A0KFKB). Contact: ESTAVIS AG Investor & Public Relations Tel.: + 49 30 887 181 799 E-mail: ir@estavis.de Dr. ZitelmannPB. GmbH Holger Friedrichs Tel.: + 49 30 72 62 76 157 E-mail: friedrichs@zitelmann.com 01.09.2014 The DGAP 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: ESTAVIS AG Uhlandstr. 165 10719 Berlin Germany Phone: +49 (0)30 - 887 181 - 0 Fax: +49 (0)30 - 887 181 - 11 E-mail: info@estavis.de Internet: http://www.estavis.de ISIN: DE000A0KFKB3 WKN: A0KFKB Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin, Düsseldorf, Hamburg, München, Stuttgart End of Announcement DGAP News-Service ---------------------------------------------------------------------------
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