DGAP-Ad hoc: GxP German Properties AG

Ad-hoc-Notification according to Art. 17 MMVO

GxP German Properties increases 1H 2017 results and guidance

Frankfurt, 31. August 2017 - The results of the revaluation of the existing real estate portfolio of GxP German Properties (ISIN: DE000A1YCNN8, WKN: A1YCNN) during the preparation of the half-year figures as of June 30, 2017 have shown that the company, including revaluation gains in the current portfolio, achieved a positive adjusted net income of EUR 5.0 million. The net asset value (NAV) as of 30 June 2017 amounted to EUR 50.2 million or EUR 5.79 per share and thus was increased by 19.4% in the first half of the year (the reported NAV under HGB including Goodwill is EUR 83.6 million or EUR 9.65 per share). Management expects an increase in NAV per share, including the acquisition in Berlin-Teltow, from currently EUR 5.79 per share to at least EUR 5.95 per share.

IR Contact

Axel Mühlhaus / Patrick Wang
edicto GmbH
Eschersheimer Landstr. 42-44
D-60322 Frankfurt
Tel.: +49 (0) 69/ 905505-52
Fax: +49 (0) 69/ 905505-77
E-Mail: gxp@edicto.de