Godewind Immobilien : acquires additional office property for a purchase price of EUR 140 million

DGAP-Ad-hoc: Godewind Immobilien AG / Key word(s): Acquisition/Real Estate Godewind Immobilien AG acquires additional office property for a purchase price of EUR 140 million 24-Jan-2019 / 11:40 CET/CEST Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement. Ad hoc disclosure pursuant to Article 17 of the MAR Godewind Immobilien AG acquires additional office property for a purchase price of EUR 140 million Frankfurt, 24 January 2019. Godewind Immobilien AG, a real estate company specialising in German commercial property, ('Godewind', ISIN: DE000A2G8XX3) has agreed to acquire an additional office property, for a purchase price of EUR 140 million and a total rental area of around 55,700 square metres. The respective property is an office complex, known as 'Herzog-Terrassen' in the centre of Dusseldorf. The closing of the transaction is expected by the end of April this year. The acquisition of this property will generate rental income of total EUR 6.7 million per annum for Godewind Immobilien AG after transfer of ownership. The weighted average lease term (WALT) is around 6.5 years. The vacancy rate of the property amounts to around 45.4 percent. Contact Gunnar Janssen Investor Relations Godewind Immobilien-AG Taunusanlage 8 60329 Frankfurt am Main Tel: [phone] Email: [e-mail] www.godewind-ag.com ISIN: DE000A2G8XX3 WKN: A2G8XX Indices: Financial Services, Real Estate Stock exchanges: Frankfurt Regulated Market (Prime Standard), XETRA 24-Jan-2019 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.dgap.de

Language:	English
Company:	Godewind Immobilien AG
	Taunusanlage 8
	60329 Frankfurt am Main
	Germany
Phone:	[phone]
E-mail:	[e-mail]
ISIN:	DE000A2G8XX3
WKN:	A2G8XX
Listed:	Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich, Stuttgart, Tradegate Exchange

End of Announcement	DGAP News Service

769085  24-Jan-2019 CET/CEST