Ad-hoc Disclosures

23/10/2017 | Ad-hoc Disclosure

Fair Value REIT-AG announces changes on the Supervisory Board

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Inside information acc. to Article 17 MAR

(published on 23 October2017, 6:36 pm)

 

Graefelfing, 23 October 2017 – Fair Value REIT-AG today announced that the chairman of its Supervisory Board, Mr. Rolf Elgeti, and the vice chairman of its Supervisory Board, Mr. Markus Drews, resigned their posts effective at the end of 30 November 2017, observing the resignation period stipulated in the company’s articles of association. Mr. Elgeti and Mr. Drews have been members of the Supervisory Board since February 2015 and March 2016, respectively.

The successors to the members who have stepped down are to be appointed by a court in a timely manner.

 

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A REIT – Higher Return for Investors

REIT stands for Real Estate Investment Trust. The assets of these listed companies in Germany consist mainly of real estate and investments in other real estate companies.

 

At the international level, REITs have been established for many years. On 1 January 2007, they were introduced in Germany as well.

 

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