DGAP-News: PATRIZIA Immobilien AG / Key word(s): Real Estate/Miscellaneous PATRIZIA Immobilien AG: PATRIZIA completes property transactions worth EUR 8.7 billion 14.01.2016 / 07:00 The issuer is solely responsible for the content of this announcement. --------------------------------------------------------------------------- PATRIZIA completes property transactions worth EUR 8.7 billion 2015 a successful year in investment markets across Europe - EUR 4.4 billion property acquisitions across Europe - EUR 2.7 billion or more than half acquired outside of Germany - EUR 1.5 billion of capital raised through investors Augsburg, 14 January 2016. PATRIZIA Immobilien AG closed another extremely successful year in European investment markets in 2015. In total, the company completed or signed property transactions worth EUR 8.7 billion. This figure includes all acquisitions and sales of residential and commercial property carried out by PATRIZIA for its managed funds, co-investments and its principal investments. In 2015, the transaction volume more than doubled compared to 2014 (EUR 4.1 billion). Residential and commercial properties were acquired throughout Europe with a value of around EUR 4.4 billion. These acquisitions were carried out for a variety of investment vehicles managed by PATRIZIA (2014: EUR 3.4 billion). PATRIZIA successfully expanded its investment activities outside of Germany: the value of international acquisitions increased by almost 50 per cent to around EUR 2.7 billion in 2015 (2014: EUR 1.8 billion). "We have again successfully proven our ability to identify and transact on off-market acquisitions throughout Europe. In addition we raised around 1.5 billion euros of capital from institutional investors and around a third of that was outside of Germany", states Wolfgang Egger, CEO of PATRIZIA Immobilien AG. Around 200 savings banks, cooperative banks, pension fund institutions, insurance companies and sovereign wealth funds invest through PATRIZIA throughout Europe. In 2015, PATRIZIA sold residential and commercial property assets worth around EUR 4.3 billion (2014: EUR 0.7 billion). These disposals were dominated by several large transactions. For example in June, Süddeutsche Wohnen GmbH was sold with just under 20,000 flats for around EUR 1.9 billion. In November, a portfolio with 13,500 flats was sold on for approximately EUR 1.1 billion. In Germany, PATRIZIA successfully completed or signed acquisitions of approximately EUR 1.8 billion (2014: EUR 1.6 billion). Acquisitions included several retail property portfolios totalling around EUR 750 million. The most important markets outside of Germany are the United Kingdom, the Nordic countries, the Netherlands and France. Acquisitions and sales of EUR 1.4 billion were carried out in Scandinavia alone. The total value of transactions in the UK amounted to EUR 940 million. This included an acquisition for a Taiwanese investor of the building accommodating the famous Madame Tussauds waxworks in London. Property transactions in the Netherlands total EUR 450 million and in France and Belgium EUR 200 million. PATRIZIA Immobilien AG: With 800 employees in more than ten countries, PATRIZIA Immobilien AG has been active on the real-estate market as an investor and service provider for more than 30 years. PATRIZIA's range includes the purchase, management, value increase and sale of residential and commercial real estate over own licensed investment platforms. As a recognised business partner of large institutional investors and retail investors, the Company operates in all major European countries and covers the entire value. At present, the Company manages real estate assets worth EUR 16 billion, primarily as a co-investor and portfolio manager for insurance companies, pension fund institutions, sovereign funds, savings and cooperative banks. For further information, please visit www.patrizia.ag. Contact: Investor Relations Verena Schopp de Alvarenga T +49 821 50910-351 [email protected] --------------------------------------------------------------------------- 14.01.2016 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement. 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 News DGAP News Service --------------------------------------------------------------------------- 429203 14.01.2016