PATRIZIA Immobilien AG / Key word(s): Real Estate/Disposal 27.11.2015 20:59 Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement. --------------------------------------------------------------------------- PATRIZIA Immobilien AG: Disposal of the "Harald" portfolio Augsburg, 27 November 2015. PATRIZIA Immobilien AG (ISIN DE000PAT1AG3) has today announced the conclusion of an agreement with Deutsche Wohnen AG covering the sale of the "Harald" portfolio consisting of 13,500 residential units in Germany. The completion of the transaction is subject to customary terms and conditions. The residential units of the portfolio are located in Berlin, in the metropolitan regions of Kiel, Cologne/Düsseldorf, Munich, Hamburg and Frankfurt as well as other metropolitan areas in Western Germany. The purchase price amounts to approximately EUR 1.1 billion. The portfolio was purchased by PATRIZIA on 18 May 2015 in an off-market transaction through the acquisition of the Swedish fund Hyresbostäder i Sverige III Gul AB and has now been sold in accordance with the company's investment strategy. Outlook for 2016 The sale of "Harald" will be recognised in PATRIZIA's income statement in 2016. The profit contribution after sales-related taxes and minority interests to the operating income results to an increase in the forecast already announced for 2016. PATRIZIA's Managing Board now anticipates an operating income of at least EUR 250 million. The Managing Board Augsburg, 27 November 2015 PATRIZIA Immobilien AG PATRIZIA Bürohaus Fuggerstrasse 26 86150 Augsburg (Germany) Listing: Frankfurt Official Market (Prime Standard) ISIN: DE000PAT1AG3 SIN: PAT1AG Contact Investor Relations Verena Schopp de Alvarenga T +49 821 50910-351 [email protected] 27.11.2015 The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de --------------------------------------------------------------------------- Language: English Company: PATRIZIA Immobilien AG Fuggerstraße 26 86150 Augsburg Germany Phone: +49 (0)821 - 509 10-000 Fax: +49 (0)821 - 509 10-999 E-mail: [email protected] Internet: www.patrizia.ag ISIN: DE000PAT1AG3 WKN: PAT1AG Indices: SDAX Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Munich, Stuttgart End of Announcement DGAP News-Service ---------------------------------------------------------------------------