• 08.12.2009, 17:01:06
  • /
  • OTS0087 OTW0087

EANS-Adhoc: VIVACON AG sold stake in Curanis group as well as a residential portfolio

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ad-hoc disclosure pursuant to section 15 of the WpHG transmitted by euro
adhoc with the aim of a Europe-wide distribution. The issuer is solely
responsible for the content of this announcement.
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08.12.2009

Cologne, December 8th 2009. Vivacon AG (ISIN 000604 8911) has signed a purchase
contract with CONSUS Property Group AG, about the 80% stake in Curanis Holding
GmbH as well as a residential portfolio.

With the disposal of the 80% stake in Curanis Vivacon close down its property
management activities to further focus on its activities in asset management of
leasehold portfolios.

The residential portfolio compromises about 734 units with a total area of
approximately 47,000 sqm. The units are located predominantly in North
Rhine-Westphalia and Bremen.

The transaction is an important part in the context of the ongoing restructuring
of the Vivacon AG group. The disposal leads to a reduction of bank liabilities
in the amount of approximately EUR 44m.

Further inquiry note:
Investor Relation
Tel.: +49(0)221/1305621-0
E-mail: ir@vivacon.de
end of announcement euro adhoc
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issuer:   Vivacon AG
          Im Zollhafen 2-4
          D-50678 Köln
phone:    +49 (0)221 1305621-782
FAX:      +49 (0)221 1305621-952
mail:     ir@vivacon.de
WWW:      http://www.vivacon.de
sector:   Real Estate
ISIN:     DE0006048911
indexes:  SDAX, CDAX, Classic All Share, Prime All Share, DAX International 100

stockmarkets: regulated dealing/prime standard: Frankfurt, free trade: Berlin,
Hamburg, Stuttgart, Düsseldorf, regulated dealing: München
language: English

OTS-ORIGINALTEXT PRESSEAUSSENDUNG UNTER AUSSCHLIESSLICHER INHALTLICHER VERANTWORTUNG DES AUSSENDERS - WWW.OTS.AT | OTB

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