Frank Nickel, CEO of CA Immobilien Anlagen AG, decided to leave the company for health reasons, in mutual agreement with the company with effect as of 31 December 2017 the earliest but in any event not later than 31 March 2018. The Supervisory Board expressed its gratitude and appreciation for Frank Nickels leadership and contribution to the Company's success over the last two years. Frank Nickel will continue to advise the Company as an external consultant in the future, contributing his decades of experience and wide range of contacts to ensure that CA Immo continues its successful course. His successor as CEO is Andreas Quint who will join the company, depending on the actual termination period in his current position, in any event not later than 1 April 2018.