Press Release

PREOS Real Estate AG receives extensive financing framework from Hamburg Commercial Bank (HCOB)

- Financing partnership includes refinancing of the existing portfolio and financing of further portfolio growth

- Strategic flexibility to respond to market opportunities increased

- Significant enhancement of financing terms

Leipzig, 09 April 2019 - PREOS Real Estate AG ("PREOS", ISIN DE000A2LQ850), an active real estate investor focused on office properties, has entered into a comprehensive financing agreement with Hamburg Commercial Bank AG ("HCOB"). The volume amounts currently to around EUR 70 million based on attractive terms. The funds are to be used on the one hand to replace existing financings of the current real estate portfolio and for the further expansion of the property portfolio of PREOS.

Libor Vincent, CFO of PREOS Real Estate AG: "With HCOB we have been able to secure a partner with a high expertise in property financing. This long-term partnership is for us an excellent basis for the optimisation of the financing of our existing portfolio and the yield-oriented growth of our company with a high flexibility."

Peter Axmann, Head of Real Estate Customers at Hamburg Commercial Bank: "We have co-operated for the first time with PREOS and have met proferssionals who are well-versed. The financing was structured individually along the business plan of our customer following a comprehensive analysis of its portfolio."

PREOS was advised by OCEANS & COMPANY on financing.

About PREOS Real Estate AG

PREOS Real Estate AG ("PREOS") is an active real estate investor focused on office properties. PREOS acts as an efficient management holding company. The company focuses its acquisitions on office buildings in German metropolitan areas, with potential to generate value through effective asset management. Developed properties are sold as suitable selling opportunities arise. The company's strategy is to significantly enlarge its real estate portfolio through acquisitions over the next few years. PREOS shares (ISIN DE000A2LQ850) are listed on the m:access open market segment of the Munich Stock Exchange (PAG.MU) as well as on Xetra (PAG.DE). The company is headquartered in Leipzig.

PREOS Real Estate AG
Landsteinerstraße 6
04103 Leipzig
Phone: +49 (0)341 261787-790
Email: [email protected]

Investor & Public Relations
edicto GmbH
Axel Mühlhaus
Eschersheimer Landstraße 42
60322 Frankfurt am Main
Phone: +49 (0)69 905505-52
Email: [email protected]

Disclaimer

This publication can include forward-looking statements. Forward-looking statements are all statements which do not relate to historical facts or events. This applies in particular to information concerning the company's intentions, convictions or current expectations with regard to its future financial earning capacity, plans, liquidity, perspectives, growth, strategy and profitability as well as the underlying economic conditions to which the company is exposed. The forward-looking statements are based on the company's current forecasts and estimates made according to its best judgement. Any such forward-looking statements are, however, subject to risks and uncertainties, as they are based on future events and assumptions which may not occur in the future. The company does not undertake to update or amend the forward-looking statements included in this publication, nor to reflect circumstances which occur after the date of this publication to the extent that these do not constitute insider information with a publication requirement.