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DGAP-News: POLIS Immobilien AG / Key word(s): Miscellaneous/Miscellaneous POLIS Immobilien rated A- by Feri EuroRating Services

04.12.2013 / 09:30

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Corporate News

POLIS Immobilien rated A- by Feri EuroRating Services

Berlin, 04 Dezember 2013. Feri EuroRating Services AG has awarded POLIS Immobilien AG a corporate rating A-. This investment grade rating confirms the good creditworthiness of POLIS and the successful implementation of the company's long-term strategy. The corporate rating gives the company access to new sources of funding and will have a positive impact on funding terms.

Smaller companies are rarely rated. This is a special aspect for POLIS. 'The corporate rating will help us finance our growth strategy more flexibly,' says Dr. Alan Cadmus, CEO of POLIS. 'We can now use traditional mortgage loans at excellent terms for new acquisitions. Michael Piontek, Chief Financial Officer of POLIS, added: 'The good corporate rating from Feri is likely to be rewarded by the capital market. We have already had indications of interest in arranging capital market-based funding by our company.'

Feri EuroRating Services AG rates both corporates and corporate bonds and performs continuous rating surveillance. The agency's proprietary two-tier rating process, which is primarily aimed at mid-cap issuers, comprises the analysis and assessment of the issuer's market environment as well as the risk-opportunity profile of the market, which is compared with the strength-weakness profile of the issuer.

POLIS Immobilien AG,which was founded in Berlin in 1998, is a listed real estate company that buys, refurbishes/revitalises, and manages office properties for its own portfolio. The company focuses on one market segment: office properties in inner-city locations at the most important German office centres. The company acquires properties that are either already renovated and are completely let, thereby generating stable cash flow, or properties that are vacant or require modernisation, and which offer specific value appreciation potential. This potential may be realised by corresponding modernisation measures or full revitalisation. As of 30 September 2013, POLIS Immobilien's real estate portfolio comprised a total of 26 properties with a market value of around EUR 314 million. POLIS Immobilien shares are listed on the regulated market (Prime Standard, ISIN: DE0006913304) of the Frankfurt Securities Exchange. Further information can be found at http://www.polis.de.

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PRESS RELEASE: POLIS Immobilien rated A- by Feri EuroRating Services