Vivacon AG

VIVACON AG increases its residential portfolio to some 13,100 units

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real estate

Köln (euro adhoc) - Cologne, 30th May 2007. VIVACON AG (ISIN 000604 8911) has acquired through subsidiaries in various transactions a substantial residential real-estate portfolio consisting of 3,014 units. The units are primarily located in Bremen, Bavaria, Lower Saxony, North Rhine-Westphalia and Schleswig-Holstein with a total rentable area of approximately 191,000 sqm. The occupancy rate is about 93%.

Thus, the total residential units currently owned by VIVACON AG amount to some 13,100 units. Asset Management at Vivacon AG has already begun with the financial optimisation of the portfolio.

@@start.t2@@end of announcement                                                 euro adhoc 30.05.2007 11:21:11

ots Originaltext: Vivacon AG
Im Internet recherchierbar:

Further inquiry note:
Sven Annutsch
Head of Corporate Finance
Tel: + 49 221 / 1305621 630

Lars Schriewer
Director Communication
Tel: + 49 221 / 1305621 631

Vivacon AG
Bayenthalgürtel 4
50968 Köln
Fax: + 49 221 / 1305621 950

Branche: Real Estate
ISIN:      DE0006048911
WKN:        604891
Index:    CDAX, SDAX, Prime All Share, Classic All Share
Börsen:  Frankfurter Wertpapierbörse / official dealing/prime standard
              Börse Berlin-Bremen / free trade
              Hamburger Wertpapierbörse / free trade
              Baden-Württembergische Wertpapierbörse / free trade
              Börse Düsseldorf / free trade
              Bayerische Börse / official dealing

Weitere Meldungen: Vivacon AG

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