Berlin, October 17, 2016

GxP German Properties receives subscription commitments for planned capital increase

GxP German Properties (GxP), today received total commitments on cash contributions in the amount of 16.5 million euros for the capital increase resolved at the Annual General Meeting on 22 July, 2016. The management has received subscription forms amounting to EUR 11.5 million (11.5 million shares at EUR 1.00 each) and commitments for further EUR 5 million (5 million shares at EUR 1.00 each). Thus, a considerable part of the planned capital increase has already been secured.
The securities prospectus for the public offering is published on the website of GxP German Properties at www.gxpag.com.
The funds from the capital increase are to be used to build a high-yield real estate portfolio.

GxP German Properties AG

With its headquarters in Berlin, GxP German Properties focuses on the Acquisition, Ownership and Management of office and retail properties in Germany. The investment strategy focuses on attractive commercial properties in the Core+/Value add segments in metropolitan regions and selected mid-sized cities in Germany. The company’s strategy is to leverage significant appreciation potential through proactive portfolio management whilst safeguarding sustainable rental revenues at the same time. To this end, it draws on both its many years of experience in the property market and its extensive network.
The company’s website can be accessed at www.gxpag.com.

Contacts:

GxP German Properties AG
Europa Center 19. OG
Tauentzienstr. 9
D-10789 Berlin

TEL: +49 (0)30 886 267 40
FAX: +49 (0)30 886 267 411
E-MAIL: info@gxpag.com

Kirchhoff Consult AG
Herrengraben 1
20459 Hamburg

TEL: +49 (0)40 609 186 65
FAX: +49 (0)40 609 186 60
E-MAIL: gxp@kirchhoff.de