DGAP-Ad hoc: Cleanventure AG

DGAP-Adhoc: GxP German Properties receives subscription commitments for planned capital increase

GxP German Properties AG / Key word(s): Capital Increase

17.10.2016 08:56

Disclosure of an inside information according to Article 17 MAR, transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement.

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GxP German Properties receives subscription commitments for planned capital increase

Berlin, October 17, 2016 - 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.

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Information and Explanation of the Issuer to this News:

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. Contact details:

GxP German Properties AG Europa Center 19. OG Tauentzienstr. 9 10789 Berlin, Germany

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, Germany

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

17.10.2016 The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.dgap.de

--------------------------------------------------------------------------- Language: English Company: GxP German Properties AG Tauentzienstraße 9 10789 Hamburg Germany Phone: +49 (0)30 88 62 67 40 Fax: +49 (0)30 88 62 67 411 E-mail: info@gxpag.com Internet: http://gxpag.com/ ISIN: DE000A1YCNN8 WKN: A1YCNN Listed: Regulated Unofficial Market in Munich, Stuttgart End of Announcement DGAP News-Service ---------------------------------------------------------------------------