DGAP-News: Adler Real Estate AG

DGAP-News: Adler Real Estate AG: ADLER Real Estate AG request Extraordinary General Meeting at conwert

DGAP-News: ADLER Real Estate AG / Key word(s): Miscellaneous ADLER Real Estate AG: ADLER Real Estate AG request Extraordinary General Meeting at conwert

11.02.2016 / 15:56 The issuer is solely responsible for the content of this announcement.

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Corporate News

ADLER Real Estate AG request Extraordinary General Meeting at conwert Immobilien Invest SE

- Request for dismissal of three of the four directors

- Proposal for the election of new directors



Hamburg, 11 February 2016. ADLER Real Estate AG, Frankfurt/M. (ISIN DE0005008007) has, through its subsidiary MountainPeak Trading Limited, requested the immediate convening of an Extraordinary General Meeting of shareholders of conwert Immobilien Invest SE, Vienna. Today, it was proposed to conwert that the Extraordinary General Meeting immediate deselects the current acting directors Barry Gilbertson, Peter Hohlbein and Dr. Alexander Proschofsky. Furthermore, the shareholders of conwert would like to elect Dr. Dirk Hoffmann, Prof. Dr. Hermann Anton Wagner and Wijnand P. Donkers to the Board. ADLER, through its acquisition of MountainPeak, currently holds shares of 22.37 per cent in conwert, making it the largest single shareholder in the company.

"80 percent, by far largest part of conwert's property assets, which consists of approximately 30,000 units in total, are located in Germany" says Axel Harloff, Member of the Board of ADLER Real Estate AG. "Therefore, the Board shall be staffed specifically by members who have excellent experience in the German real estate market and can make expert decisions about future investments in new property stock and on the planned sale of assets. We hope that through this change we can implement management objectives faster, which is in the interests of all shareholders," continued Harloff.

The new Board Members have extensive knowledge of the real estate business, the relevant financing and the German market.

Dr. Hoffmann is long-term Chairman of the Supervisory Board of ADLER and Deputy Chairman of the Supervisory Board of the ADLER Real Estate AG subsidiary, Accentro Real Estate AG, a leading residential property privatisation company in Germany. During his distinguished career, Dr. Hoffmann has belonged to multiple boards of German banks, including the Deutsche Hypothekenbank Berlin/Hannover, the Berlin Hyp AG, the Allgemeine Hypothekenbank Rheinboden AG and the Düsseldorfer Hypothekenbank AG.

Wijnand Donkers was CEO of Deutsche Annington SE (now Vonovia AG) from 2007 to 2012 which is by far the largest German residential real estate company and since last year was listed on the German stock index (DAX).

Prof. Wagner is a recognized auditor and tax consultant, holds his professorship at the Frankfurt School of Finance and Management and was a partner at the leading consulting firms of Arthur Andersen and Ernst & Young. He is, amongst other things, Member of the Supervisory Board and Chairman of the Audit Committee of Aareal Bank AG.

About ADLER Real Estate AG:

ADLER Real Estate AG, headquartered in Frankfurt and with its administrative headquarters in Hamburg, focuses on the acquisition, management and administration as well as privatisation of residential property. ADLER invests primarily in portfolios or participations of residential real estate companies with properties predominantly situated in B locations in German conurbations that achieve a positive cash flow and can offer a sustained value appreciation potential.

The ADLER subsidiary, ACCENTRO Real Estate AG, is one of the largest privatisers of residential property in Germany. ACCENTRO markets suitable residential properties from the ADLER Group's portfolio on a targeted basis, and also brokers individual apartments on behalf of third parties to owner-occupiers and investors who for example are seeking to create a quasi-pension income. ADLER holds a 22.37 per cent stake in conwert Immobilien Invest SE, Vienna, one of the leading real estate companies in Austria. Over 80 per cent of conwert's property portfolio is located in A-listed cities in Germany.

With a portfolio of over 50,000 residential and commercial units, ADLER is among the top five largest listed German residential real estate companies in Germany. In addition to the listing on the FTSE EPRA / NAREIT Global Real Estate Index in London and the GRP General Index, shares in ADLER are also listed in the small cap index SDAX of the Deutsche Börse.

For inquiries please contact:

Press: german communications dbk ag Jörg Bretschneider Milchstr. 6 B, 20148 Hamburg Phone: +49 (0) 40/46 88 33 0 Fax: +49 (0) 40/46 88 33 40 presse@german-communications.com

Investor Relations: Hillermann Consulting Christian Hillermann Poststraße 14, 20354 Hamburg Phone: +49 (0) 40/32 02 79 10 Fax: +49 (0) 40/32 02 79 114 c.hillermann@adler-ag.com

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11.02.2016 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement.

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Language: English Company: ADLER Real Estate AG Herriotstr. 5 60528 Frankfurt am Main Germany Phone: +49 (0)40 - 29 8130-0 Fax: +49 (0)40 - 29 8130-99 E-mail: info@adler-ag.com Internet: www.adler-ag.com ISIN: DE0005008007, XS1211417362, DE000A1R1A42, DE000A11QF02 WKN: 500800, A14J3Z, A1R1A4, A11QF0 Indices: SDAX, GPR General Index Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg End of News DGAP News Service ---------------------------------------------------------------------------

436681 11.02.2016