GSW Immobilien AG: Changes to the Management Board of GSW Immobilien AG

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(DGAP-Media / 30.01.2014 / 11:45)

Changes to the Management Board of GSW Immobilien AG

Berlin, den 30. Januar 2014 - Jörg Schwagenscheidt (49), a member of the management board of GSW Immobilien AG, has decided to leave the company by mutual consent on January 31, 2014.

Jörg Schwagenscheidt was jointly responsible for the entire operational business as well as for the strategic, process-related and organizational realignment of the Company since 2006. The business development resulting from the operational reorganization, as well as the successful refinancing formed the integral basis for the successful initial public offering of GSW Immobilien AG in 2011 and for the further positive development in the following years.

Both the supervisory board and the management board would like to thank Mr. Schwangenscheidt for his excellent work during these past years and wish him all the best for his professional future.

Contact: GSW Immobilien AG Charlottenstraße 4, D-10969 Berlin

Press Relations: Thomas Rücker Tel.: +49. (0) 30. 25 34-13 32 Fax: +49. (0) 30. 25 34-19 34 E-Mail: thomas.ruecker@gsw.de

Investor Relations: René Bergmann E-Mail: rene.bergmann@gsw.de Tel.: +49. (0) 30. 25 34-1362 Fax: +49. (0) 30. 25 34- 233 1960

About GSW With a portfolio of around 60,000 residential and commercial units, GSW Immobilien AG, founded in 1924, is a leading market-listed real estate company in Berlin. GSW's corporate strategy is focused on the long-term management of rental properties, applying a systematic approach aimed at increasing both customer satisfaction and operating efficiency. As per 31 December 2012, the company's property portfolio was valued at around EUR 3.3 billion.

End of Media Release

Issuer: GSW Immobilien AG Key word(s): Real estate

30.01.2014 Dissemination of a Press Release, transmitted by DGAP - a company of EQS Group AG. The issuer is solely responsible for the content of this announcement.

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Language: English Company: GSW Immobilien AG Charlottenstraße 4 10969 Berlin Germany Phone: 030 68 99 99 0 Fax: 030 68 99 99 999 E-mail: kundenservice@gsw.de Internet: www.gsw.de
ISIN: DE000GSW1111
WKN: GSW111 Listed: Regulierter Markt in Berlin, Frankfurt (Prime Standard); Freiverkehr in Düsseldorf, Hamburg, Hannover, München, Stuttgart

End of News DGAP-Media


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