Corporate News

17/04/2014 | Corporate News

Change in the Supervisory Board

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Munich, April 17, 2014 – Fair Value REIT-AG (WKN A0MW97) gives notice that Christian Hopfer (born 1940) has stepped down from his position as member of the Supervisory Board of the company for personal reasons effective as of the end of the Annual General Meeting on May 27, 2014. As a result, the election of a new member of the Supervisory Board is required.

 

At the Annual General Meeting on May 27, 2014, the Supervisory Board will propose the election of Wolfgang Sauerborn as member of the Supervisory Board as of the end of the Annual General Meeting for the remaining term of office of the outgoing Supervisory Board member. This term of office will end with the Ordinary Annual General Meeting which resolves on his discharge for the financial year 2016.

 

Mr. Sauerborn (born 1954) is Managing Director of WISAG Aviation Service Holding GmbH and several other companies within the WISAG Group.

 

For more detailed information on Mr. Sauerborn, please refer to the invitation to the Ordinary Annual General Meeting on May 27, 2014, published in the Federal Gazette as of April 16, 2014.

 

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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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