• Acquisition increases PATRIZIA's AUM to more than EUR 30 billion
  • Broadens and strengthens the group's range of products and services
  • Significant expansion of market presence strengthens European network

TRIUVA is one of the leading providers of real estate investments in Europe. The company
manages around 40 funds, partners with more than 80 institutional investors and consists of
around 200 employees across its 15 European locations. The Frankfurt-based company
focuses on commercial real estate in the office, retail and logistics sectors as well as
infrastructure. Currently, TRIUVA manages real estate assets of around EUR 9.8 billion.
The acquisition increases PATRIZIA's assets under management by around 50 per cent to
more than EUR 30 billion, placing the company firmly amongst the top 10 European real
estate investment managers. Furthermore, this will broaden PATRIZIA's product range,
enabling institutional and private investors to access new markets, asset classes and risk
profiles with their investments.

In a first step PATRIZIA will acquire a majority stake in TRIUVA. Both parties agreed to not
disclose the purchase price. The acquisition will be financed by existing liquidity. PATRIZIA
will publish details with regards to the positive financial impact of the acquisition together
with its full-year 2017 results in the first quarter of 2018. PATRIZIA expects the transaction to
close at the end of the first quarter 2018 at the latest and to be earnings accretive in the
year of acquisition.

Patrizia Immobilien AG published this content on 13 November 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 13 November 2017 06:38:02 UTC.

Original documenthttps://www.patrizia.ag/en/detail/ad-hoc-announcements/patrizia-acquires-triuva-placing-the-company-firmly-amongst-the-top-10-european-real-estate-inves/

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