Deutsche Wohnen - Financing and BauBeCon Contracts are Final

Deutsche Wohnen AG took over the BauBeCon-Portfolio acquired from Barclays Bank PLC in May. Deutsche Wohnen AG purchased the BauBeCon companies for approximately 1.235 Billion Euros (Enterprise Value).

A combination of approximately 430 Million Euros in equity and approximately 700 Million Euros in borrowed capital will be used to finance the purchase price. The debt capital will be financed by Bayerische Landesbank, Deutsche Pfandbriefbank AG, HSH Nordbank AG, UniCredit Bank AG, and Deutsche Genossenschafts-Hypothekenbank AG.

Michael Zahn, Chief Execution Officer of Deutsche Wohnen AG, remarked: 'During the past weeks' negotiations with the financing banks, we have clearly realized that years of trusting co-operation prove invaluable. Our banks are familiar with our business model, are acquainted with the parties involved, and our new partner banks - like UniCredit Bank AG - know who they are cooperating with. Our ability to raise substantial amounts of equity and outside capital, both quickly and professionally, makes us the ideal partner in large transactions like the just realized BauBeCon deal.'

About
Deutsche Wohnen is one of the leading listed housing companies in Germany. Its operational focus is on managing and developing its residential property portfolio. As of 20 August 2012 the portfolio is composed of approx. 73,300 units, of which around 72,500 are residential and around 800 are commercial in nature. Its 146,142,858 shares are listed in the MDAX of the German Stock Exchange and are also included in the major indices EPRA/NAREIT and GPR 250.

Further information www.deutsche-wohnen.com

20.08.2012

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Michael Zahn, Chief Execution Officer of Deutsche Wohnen AG
Michael Zahn, Chief Execution Officer of Deutsche Wohnen AG

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