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PRESS RELEASE: alstria office REIT-AG: alstria leases 5,400 sqm to the City of Hanover

DGAP-News: alstria office REIT-AG / Key word(s): Miscellaneous alstria office REIT-AG: alstria leases 5,400 sqm to the City of Hanover

08.01.2014 / 17:35

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Press release

alstria leases 5,400 sqm to the City of Hanover

Hamburg, January 8, 2014 - alstria office REIT-AG (symbol: AOX, ISIN: DE000A0LD2U1), the leading German office REIT, announces the signing of a long-term lease agreement for its asset in Arndtstrae 1, Hanover.

Following the signature of this new lease the asset, which is undergoing a full-scale refurbishment, is now substantially pre-let on a long-term basis to the City of Hanover. The new lease will start in the second half of this year and allows alstria to further take advantage from the positive dynamics in the German leasing market.

The transaction was brokered by Engel & Vlkers Commercial GmbH Hannover.

'We are very satisfied to start the year with this new lease', says Olivier Elamine, CEO of alstria. 'In the past twelve months alstria has leased-up around 12,500 sqm of newly refurbished office space, which will lead to an additional annual rent of EUR 1.8 m and support our organic growth.'

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PRESS RELEASE: alstria office REIT-AG: alstria leases 5,400 sqm to the City of Hanover

PRESS RELEASE: MS DEUTSCHLAND to carry on operating under the German flag with a new majority shareholder

DGAP-News: MS 'Deutschland' Beteiligungs GmbH / Key word(s): Acquisition MS DEUTSCHLAND to carry on operating under the German flag with a new majority shareholder

08.01.2014 / 19:01

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PRESS RELEASE

MS DEUTSCHLAND to carry on operating under the German flag with a new majority shareholder

- Callista Private Equity to continue present management strategy

- Christopher Nolde takes stake in MS Deutschland Holding as a minority shareholder

Neustadt in Holstein, 8 January, 2014. MS Deutschland Holding, the majority shareholder of MS 'Deutschland' Beteiligungsgesellschaft mbH ('MS Deutschland GmbH') with a holding of 95%, is gaining a new majority shareholder in the form of Callista Private Equity GmbH & Co. KG ('Callista Private Equity'). Callista Private Equity, a Munich-based private equity investor, is acquiring the majority stake in MS Deutschland Holding from AURELIUS AG ('AURELIUS'), which is to retain a minority interest.

Callista Private Equity is planning to retain and press ahead with the management strategy initiated by MS Deutschland Holding together with the existing management team. The ship, MS DEUTSCHLAND, will continue to operate under the German flag. Christopher Nolde, who joined the management of MS Deutschland GmbH at the beginning of 2013, is also taking a stake in MS Deutschland Holding as a minority shareholder under the terms of the transaction. In his function as Managing Director, Christopher Nolde will continue to help expedite implementation of the strategy that the company is applying and shape the consistent positioning of the DEUTSCHLAND in the luxury segment.

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PRESS RELEASE: MS DEUTSCHLAND to carry on operating under the German flag with a new majority shareholder

PRESS RELEASE: Weng Fine Art AG exceeds Expectations for its transitional Year of 2013: Record Sales and 40% Growth in the second Half

DGAP-News: Weng Fine Art AG / Key word(s): Miscellaneous Weng Fine Art AG exceeds Expectations for its transitional Year of 2013: Record Sales and 40% Growth in the second Half

08.01.2014 / 10:00

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PRESS RELEASE | 8 JANUARY 2014

Weng Fine Art AG exceeds Expectations for its transitional Year of 2013: Record Sales and 40% Growth in the second Half

Weng Fine Art AG (WFA) significantly exceeded its goals for the fiscal year of 2013/2014, which ends on January 31, by recording a turnover of more than 8 million EUR. The main reason for this record is the surprisingly strong growth in the second half - compared to the same period last year, revenues have increased by more than 40 percent.

This development is noteworthy because WFA has allocated stronger focus and resources towards strategic decisions rather than on short-term operational success in 2013. 'Taking into account that we are in a transitional period, this new sales record speaks for the quality of our business model and our team', notes WFA CEO Rdiger K. Weng, whom also refers to a significant improvement in market sentiment: 'By looking at the dynamics of the fall season it can be concluded that the middle market, which is the most relevant for us, is significantly improving. We are seeing an end in the sideways trend this sector has experienced for the last three years and are confident that this turn-around will accelerate further in 2014 and even more so in 2015.'

WFA took advantage of this positive environment by selling inventory and generating additional liquidity for its upcoming acquisitions and investments. In the second half of 2013 alone, the company was able to achieve a positive cash flow of approximately 3 million EUR - of which 550,000 EUR came from the exercise of a put option for 100,000 Artnet shares at a price of 5.50 EUR (further explanation of this deal on the company website under 'News').

However, WFA reported no significant income from equity transactions, which is why the profits in 2013/2014 won't reach the same level as the year before. Nevertheless, it is to be expected that the full year of 2013/2014 will generate the second best result in the company's history. And Rdiger K. Weng emphasi-zes: 'We are well positioned financially to engage in M&A transactions and joint ventures in 2014, which we have identified as particularly attractive and have prepared for in recent months. This will move WFA to a new level.'

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PRESS RELEASE: Weng Fine Art AG exceeds Expectations for its transitional Year of 2013: Record Sales and 40% Growth in ...

PRESS RELEASE: Fair Value REIT-AG has sold two properties in Schleswig-Holstein and Bavaria at a profit at the back end of 2013

DGAP-News: Fair Value REIT-AG / Key word(s): Real Estate/Disposal Fair Value REIT-AG has sold two properties in Schleswig-Holstein and Bavaria at a profit at the back end of 2013

08.01.2014 / 18:04

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Fair Value REIT-AG has sold two properties in Schleswig-Holstein and Bavaria at a profit at the back end of 2013

- Sale of both properties at prices above their carrying amounts confirms valuation approach

- Cash inflow can be used for new investments

Munich, January 8, 2014 - Fair Value REIT-AG (WKN A0MW97) has sold two properties effective as of the end of 2013. These are a directly-held bank building in Kaltenkirchen (Segeberg county) and a partially-owned retail property held by a participation in Erlangen. The buyers are both regional institutional investors.

The sale price of the property in Kaltenkirchen, Holstenstrae 32, which is around 1,580 sqm in size, was EUR 1.95 million.

The partially-owned property in Erlangen, Henkestrae 5, has a leasable area totalling approx. 2,770 sqm and was sold for EUR 1.49 million. Fair Value REIT-AG holds an interest of around 41% in the selling associated company, which is to be dissolved after the transaction is completed.

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PRESS RELEASE: Fair Value REIT-AG has sold two properties in Schleswig-Holstein and Bavaria at a profit at the back ...

PRESS RELEASE: Nordex SE: Nordex awarded contract for eleven N117/3000 turbines in Finland

DGAP-News: Nordex SE / Key word(s): Incoming Orders Nordex SE: Nordex awarded contract for eleven N117/3000 turbines in Finland

08.01.2014 / 08:54

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Hamburg, 8 January 2014. In December 2013, Nordex SE received a contract from wpd europe GmbH for the delivery and installation of eleven turbines for the Mkikangas wind farm.

The Mkikangas wind farm is being built on the west coast of Finland close to the town of Pyhjoki at a site with an annual average wind speed of approx. 8 metres per second. For this reason, N117/3000 Generation Delta turbines will be used and installed by Nordex during this year. The wind turbines have a hub height of 141 metres in order to generate the greatest possible electricity yield. With their high towers, the large rotor sweep of 10,715 square metres and an installed nominal output of 3 MW each, the eleven turbines at the Mkikangas wind farm will generate an annual yield sufficient to supply 24,000 homes. As the site experiences periods of extremely low temperatures of down to minus 30 degrees, Nordex will be supplying the turbines in the cold-climate version.

Mkikangas is wpd's first project in Finland. For Nordex, the contract underscores the great confidence shown by its long-standing customer. 'We are pleased that wpd has again opted for our turbines and has decided to order our Generation Delta this time. Several turbines of this platform are already in operation in Germany, Denmark and Finland', says Lars Bondo Krogsgaard, a member of Nordex's Management Board.

About Nordex As one of the technological leaders in multi-megawatt wind power systems, Nordex is benefiting from the trend in favour of large-scale turbines. The Generation Gamma range comprises the N90/2500, N100/2500 and the N117/2400, which is one of the most efficient onshore turbines. To date, over 2,600 of these turbines have been produced. This experience with multi-megawatt turbines gives Nordex a decisive lead over most of its competitors. With Generation Delta, Nordex is now offering the fourth generation of its proven multi-megawatt platform (N100/3300, N117/3000, N131/3000). Nordex has installed a total of around 5,600 turbines with an aggregate capacity of more than 9,000 MW all around the world. With exports accounting for more than 85 percent of its business, Nordex SE plays a key role in international high-growth regions. The Company has offices and subsidiaries in 22 countries around the world with a total global headcount of over 2,500 employees.

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PRESS RELEASE: Nordex SE: Nordex awarded contract for eleven N117/3000 turbines in Finland