Ad-hoc Disclosures

31/08/2009 | Ad-hoc Disclosure

Fair Value REIT-AG: Member of the Managing Board Manfred Heiler resigns from office by his own request as of September 30, 2009

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Munich, August 31, 2009 – Due to reaching retirement age, Manfred Heiler, Member of the Managing Board of Fair Value REIT-AG, will resign from office by his own request as of September 30, 2009.

The Supervisory Board and the Managing Board thank Mr. Heiler for the good and trustful collaboration. Mr. Heiler will stay in close contacts with the company. For the time being the company does not intend to restaff the position.

 

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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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