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DGAP-Ad-hoc: PATRIZIA Immobilien AG signed the sale of 1,532 residential units from its own and third-party holdings

PATRIZIA Immobilien AG (ISIN DE000PAT1AG3) today sold 1,487 residential units from its own holdings plus a further 45 apartments owned by third parties to foreign investors.

Alongside the 1,487 residential units from its own portfolio, PATRIZIA Immobilien AG also sold nine of its own commercial units. The objects sold are located in northern and southern German conurbations.

At the same time, PATRIZIA Immobilien AG also sold 45 apartments and 7 commercial units on behalf of third parties. The two objects covered by this deal have total floor space of approximately 4,900 m2.

All in all, therefore, the sale of 1,532 apartments and 16 commercial units was signed today. The purchase price was approximately EUR 120 million.

The Managing Board
Augsburg, May 21, 2006

PATRIZIA Immobilien AG
PATRIZIA Bürohaus
Fuggerstrasse 26
86150 Augsburg 
Germany

Listing:  Frankfurt Official Market (Prime Standard)
ISIN:  DE000PAT1AG3
SIN:  PAT1AG

Contact:
Investor Relations    
Claudia Kellert

Phone:+49 (0) 821 5 09 10-360
Fax:+49 (0) 821 5 09 10-399

investor.relations@patrizia.ag  

Press
Andreas Menke

Phone:+49 (0) 821 5 09 10-655
Fax:+49 (0) 821 5 09 10-695

presse@patrizia.ag

Financial News transmitted by DGAP

Language:English
Issuer:PATRIZIA Immobilien AG
 Fuggerstraße 26
 86150 Augsburg
 Germany
Phone:+49 (0)821 - 509 10-000
Fax:+49 (0)821 - 509 10-999
E-Mail:investor.relations@patrizia.ag
Internet:www.patrizia.ag
ISIN:DE000PAT1AG3
WKN:PAT1AG
Indices:SDAX
Listed:Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin, München, Hamburg, Düsseldorf, Stuttgart

Ende of News - DGAP News-Service

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