GSW Immobilien AG

EANS-News: GSW Immobilien AG moves up into MDAX

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Company Information


Berlin (euro adhoc) - GSW moves up into MDAX


Berlin, 7 September 2011 -  Deutsche  Börse´s  Working  Committee  for  Equity
Indices decided on 5 september 2011 to include  GSW  Immobilien  AG  in
the MDAX as at 19 September 2011.

Thomas Zinnöcker, CEO of GSW Immobilien AG, on GSW´s rise  into  the  MDAX:  "We
are delighted at the rapid rise into the MDAX. This success  confirms  our  work
in recent years. It also allows us to continue working on the growth of GSW.  As
a result of the successful IPO,  we  currently  have  the  opportunity  to  make
additional acquisitions in the amount of approximately EUR400 million."

CFO Andreas Segal adds: "Inclusion in the MDAX is a strategic advantage for  us,
since it raises GSW´s profile on an international level. In addition,  for  many
globally operating investors and fund managers, membership  in  the  MDAX  is  a
prerequisite for investing in GSW. It also shows that  the  capital  market  has
rewarded our financial figures for the past quarters as a clear growth story."

Deutsche Börse has special requirements for inclusion  in  the  MDAX.  Companies
must first be listed in the Prime Standard of the Frankfurt Stock  Exchange  and
are then selected on the basis of criteria such  as  market  capitalisation  and
turnover. In addition, the free float must not be lower than  the  threshold  of
10%.

Press contact:
GSW Immobilien AG
Thomas Rücker
Charlottenstraße 4, 10969 Berlin
Tel.: +49. (0) 30. 25 34-13 32
Fax:  +49. (0) 30. 25 34-19 34
e-mail:   thomas.ruecker@gsw.de



About GSW

Founded in 1924, GSW Immobilien AG is a leading listed real  estate  company  in
Berlin with a portfolio of approximately 48,600 residential units  and  a  total
residential space of 3.0  million  square  meters.  A  subsidiary  of  GSW  also
manages  approximately  16,500  residential-  and  commercial  units  for  third
parties. GSW's corporate strategy is focused on the long-term rental  management
of residential property, using a systematic approach intended  to  enhance  both
customer satisfaction and operational efficiency. As at December 31,  2010,  the
Company's  property  portfolio  was  valued   at   approximately   2.6   billion
euros.


Further inquiry note:
René Bergmann
Tel.: +49 30 2534 1362
Fax: +49 30 2534 1909
E-Mail: rene.bergmann@gsw.de

end of announcement                               euro adhoc 
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company:     GSW Immobilien AG
             Charlottenstr. 4
             D-10969 Berlin
phone:       +49 30 68 99 99 0
FAX:         +49 30 68 99 99 999
mail:     kundenservice@gsw.de
WWW:      http://www.gsw.de
sector:      Real Estate
ISIN:        DE000GSW1111
indexes:     SDAX
stockmarkets: regulated dealing/prime standard: Frankfurt, regulated dealing:
             Berlin 
language:   English
 



Weitere Meldungen: GSW Immobilien AG

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