DGAP-Adhoc: Colonia Real Estate AG: CEO Stephan Rind Leaving the Management Board of Colonia Real Estate AG

Colonia Real Estate AG  / Key word(s): Change of Personnel

02.03.2011 12:12

Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted
by DGAP - a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.

---------------------------------------------------------------------------

CEO Stephan Rind Leaving the Management Board of Colonia Real Estate AG

Cologne, March 2, 2011. Colonia Real Estate AG (ISIN DE0006338007) (also
referred to as Colonia in the following) disclose, that due to the takeover
of the majority of voting rights in Colonia by TAG Immobilien AG (also
referred to as TAG in the following) and the related reorientation of the
company, the CEO of Colonia - Stephan Rind - exercises his entitled
extraordinary termination right.

Stephan Rind resigns by mutual agreement from the Management Board of
Colonia on March 15, 2011. As specified in the agreement his contract ends
on May 31, 2011.

Since the rebranding of the former Küppersbusch AG and continuation of its
business activities as the real estate company Colonia Real Estate AG,
Stephan Rind has had a decisive influence on the fate of the company. Since
starting in 2003, he has as CEO assumed strategic and operational
responsibility for the development of Colonia. Not only was the proprietary
residential real estate portfolio continuously expanded further under his
leadership but Colonia's second mainstay, the Asset Management division,
was also founded and consistently developed further.

He continuously expanded Colonia to become one of Germany's leading listed
real estate companies and has significantly contributed to today's
orientation and the success of Colonia.

The Supervisory Board and staff of Colonia would like to thank Stephan Rind
for the good working relationship and his untiring commitment on behalf of
Colonia and wish him all the best for new tasks awaiting him.

The Management Board
Cologne, March 2, 2011

Colonia Real Estate AG
Zeppelinstrasse 4-8
D-50667 Cologne
Germany

Admission for trading: Regulated Market of the Frankfurt Stock Exchange
(Prime Standard)
ISIN: DE0006338007
Securities Code Number: 633800 

About Colonia Real Estate AG 

Colonia Real Estate AG is one of the leading listed real estate investment
and management groups in Germany with round about 19,000 residential units
and EUR 2.1 bn Assets under Management.
The Colonia business model is based on two columns. The investment segment
concentrates on high-yield residential property portfolios held for the
company's account and co-investments in commercial and residential
properties together with institutional partners. Second column of the
Colonia business model is the service segment. Here Colonia Real Estate
Solutions GmbH provides all services along the life cycle of a property in
a modular manner.

Contact
Claudia Kellert
Head of Investor Relations & Communication
Zeppelinstraße 4-8, 50667 Cologne, Germany
Tel +49. (0)221. 71 60 71-0, Fax



Contact:
Claudia Kellert
Head of Investor Relations and Communication

Colonia Real Estate AG
Zeppelinstr. 4-8
50667 Cologne, Germany

Phone +49 (0)221 71 60 71 0
Fax +49 (0) 221 71 60 71 99
E-Mail: ir@colonia.ag

edicto GmbH
Axel Mühlhaus
Phone +49 (0)69 90 55 05 52
E-Mail: amuehlhaus@edicto.de




02.03.2011 DGAP's Distribution Services include Regulatory Announcements, 
Financial/Corporate News and Press Releases. 
Media archive at www.dgap-medientreff.de and www.dgap.de

---------------------------------------------------------------------------
 
Language:     English
Company:      Colonia Real Estate AG
              Zeppelinstr. 4 - 8
              50667 Köln
              Deutschland
Phone:        +49 221-716071-0
Fax:          +49 221-716071-99
E-mail:       ir@colonia.ag
Internet:     www.colonia.ag
ISIN:         DE0006338007
WKN:          633800
Indices:      SDAX, GPR 250, MSCI Germany Small Cap Index, FTSE EPRA/
              NAREIT, E&G DIMAX
Listed:       Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
              in Berlin, Düsseldorf, Hamburg, Hannover, München, Stuttgart;
              Luxembourg
 
End of Announcement                             DGAP News-Service
 
---------------------------------------------------------------------------