CR Capital Real Estate AG / Product Launch 19.10.2009 Dissemination of a Corporate News, transmitted by DGAP - a company of EquityStory AG. The issuer / publisher is solely responsible for the content of this announcement. --------------------------------------------------------------------------- Today, 19 October 2009, CR Capital Real Estate AG publishes preliminary interim results as at 30 September 2009. With EUR 0.4 million, rental revenues doubled compared to 30 June 2009 (EUR 0.2 million). CR Capital Real Estate AG was able to enlarge the property portfolio to a rental space of 6,000 sqm (as at 30 September 2009). All P&L expense positions developed according to the business plan, this in compare to the Group P&L as at 30 June 2009. CEO Thomas Ehrich: 'CR Capital's way ist he right one. We acquired a fully letted commercial property in October 20009. Looking to year-end 2009, I expect further transactions, positively influencing annual results. Group key figures (IFRS): P&L (EUR million) for the period 1 January to 30 September 2009 Sales: 0.4 Other operational income: 0.5 EBIT/EBITDA: 0.2 Profit after tax: 0.2 Balance sheet (EUR million)as at 30 September 2009 Short-term assets: 16.9 Long-term assets: 1.8 Liabilities: 1.8 Equity: 17.0 Total assets: 18.7 The interim report as at 30 September 2009 will be published on 17 November 2009. About CR Capital Real Estate AG CR Capital Real Estate AG is a Berlin based property company and owns the pre-REIT status. Major target is the REIT status with an investment focus on residential properties. Strategy is maximization of the residential quota (today 45%) and long-term property management. In case of market opportunities and under yield aspects, also investments in commercial properties at locations with strong growth potentials (for example airport area Schönefeld/Waltersdorf) will be done. Contact: bonnIR Hubert Bonn Phone: +49 (0)6157 9861190 bonn@bonn-ir.com http://www.bonn-ir.com 19.10.2009 |[![CDATA[|[a href="http://www.dgap.de"|]Financial News transmitted by DGAP|[/a|]]]|] ---------------------------------------------------------------------------
DGAP-News: CR Capital with positive quarterly result - further portfolio growth intented
| Source: EQS Group AG