GAGFAH : Back on the Growth Track - Three Portfolios Acquired

Press Release: November 3, 2014
GAGFAH S.A.
2-4, rue Beck
L-1222 Luxembourg

ISIN: LU0269583422
Frankfurt Stock Exchange (Ticker Symbol: GFJ)
Regulated Market (Prime Standard)

GAGFAH Back on the Growth Track - Three Portfolios Acquired

Luxembourg, November 3, 2014 - GAGFAH has signed an agreement to buy 1,152 residential units from PATRIZIA Immobilien. The units are located in the urban areas of Frankfurt am Main, Hamburg and Cologne/Düsseldorf.

The acquisition further underlines GAGFAH's continuous implementation of its growth and city strategy. The newly acquired units are a good strategic fit for GAGFAH's portfolio and are expected to be swiftly integrated into the existing platform. The acquisition adds to GAGFAH's quality growth and secures the Company's long-term sustainable outlook. Both parties agreed not to disclose the amount of the purchase price. The closing of the transaction is subject to customary conditions and is expected to take place before the end of this year.

This acquisition is the third transaction within a few weeks. GAGFAH had initially acquired 250 units in Wiesbaden, and a few days ago signed an agreement to acquire another ca. 5,000 units in the Ruhr Area. Both transactions are expected to close before the end of the year as well.

All three transactions combined, GAGFAH recently acquired ca. 6,300 residential units in urban regions that form an attractive addition to the existing operational platform.

Contact
GAGFAH S.A.
Investor Relations
Rene Hoffmann
2-4, rue Beck
L-1222 Luxembourg
Tel.: +352 266 366 21
rhoffmann@gagfah.com
www.gagfah.com
R.C.S. Luxembourg B 109.526

Media
Dirk T. Schmitt
+49 175 721 4836
dschmitt@gagfah.de

About GAGFAH S.A.

GAGFAH S.A. is a joint stock corporation organized under the laws of the Grand Duchy of Luxembourg qualifying as a securitization company under the Luxembourg Securitization Law of March 22, 2004. The core business of GAGFAH S.A.'s operating subsidiaries is the acquisition, ownership and management of a residential property portfolio located in Germany.

GAGFAH is a leading owner and operator of residential real estate in Germany. Our portfolio includes ca. 141,000 own residential units that are mostly located in the large German cities and their respective commuter belts. We believe that our size, our significant presence in the key residential markets and our scalable operating platform make us one of the leading providers of affordable housing for low- to medium- income households in Germany. Our operating subsidiaries are full-scale service providers for a broad range of property and facility management services.

Our objective is to generate shareholder value through sustainable and growing cash flows, increasing net asset value and sustainable dividends by efficiently managing our portfolio, carrying out value-enhancing property investments, pursuing accretive growth opportunities, and realizing value through selected asset sales.