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GxP German Properties AG Xetra

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GXP1

DE000A2E4L00

Real Estate Development & Operations

GxP German Properties AG: CONSUS Real Estate AG acquires majority stake in GxP German Properties AG

November 10, 2017 at 10:05 am EST

DGAP-News: GxP German Properties AG / Key word(s): Miscellaneous/Real Estate
GxP German Properties AG: CONSUS Real Estate AG acquires majority stake in GxP German Properties AG

10.11.2017 / 16:00
The issuer is solely responsible for the content of this announcement.

CONSUS Real Estate AG acquires majority stake in GxP German Properties AG

Frankfurt, 10. November 2017 - GxP German Properties (ISIN: DE000A2E4L00, WKN: A2E4L0) was notified today by CONSUS Real Estate AG that it has agreed to acquire a majority stake of ca. 58% in the share capital of GxP German Properties AG.

The supervisory board and the management board of GxP German Properties AG acknowledge the change in the company's shareholder structure and welcome CONSUS Real Estate AG as its new majority shareholder.

IR-Contact

Axel Mühlhaus / Patrick Wang
edicto GmbH
Eschersheimer Landstr. 42-44
D-60322 Frankfurt
Tel.: +49 (0) 69/ 905505-52
Fax: +49 (0) 69/ 905505-77
E-Mail: gxp@edicto.de

10.11.2017 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.

The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
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Language:	English
Company:	GxP German Properties AG
	Tauentzienstraße 9
	10789 Hamburg
	Germany
Phone:	+49 (0)30 88 62 67 40
Fax:	+49 (0)30 88 62 67 411
E-mail:	info@gxpag.com
Internet:	http://gxpag.com/
ISIN:	DE000A2E4L00
WKN:	A2E4L0
Listed:	Regulated Unofficial Market in Hamburg, Munich, Stuttgart; Open Market (Basic Board) in Frankfurt


End of News	DGAP News Service

627955 10.11.2017

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Company Profile

GxP German Properties AG, formerly GxP German Properties AG (Pre-Reincorporation), is a Germany-based real estate company focused on the acquisition, ownership and management of office and retail properties. The Company invests in commercial properties in the Core+/Value-added segments in metropolitan regions and selected mid-sized cities in Germany. The Company's portfolio consists of approximately 12 office properties with a combined leasable area of approximately 106,712 square meters. The properties are located across Germany, in such cities as Berlin, Dresden, Leipzig, Erfurt and Hanover. In addition to its own portfolio, GxP German Properties AG invests in real estate together with institutional investors as part of its asset management business.

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Real Estate Development & Operations

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Sector Office Real Estate Development

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