EANS-News: Fair Value REIT-AG / Supervisory Board extends Management Board mandate of Frank Schaich by another four years

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Board of Directors (Appointments and Changes)

München (euro adhoc) - Supervisory Board extends Management Board
mandate of Frank Schaich by another four years

Munich, July 13, 2012 - The Supervisory Board of Fair Value REIT-AG
has extended the contract of the sole Management Board member Frank
Schaich by a further four years up to September 30, 2016. This
extension underlines the successful work of the Management Board and
ensures continuity at the head of the company.

"Since its foundation in 2007, Mr. Schaich has had a substantial
influence on the development of Fair Value REIT-AG and he has
successfully guided the company as sole Management Board member
through some difficult capital market conditions over the past couple
of years," explains Supervisory Board Chairman Prof. Dr. Heinz
Rehkugler. "We look forward to continuing the company's successful
development together."

Corporate profile

Fair Value REIT-AG, based in Munich, focuses on the acquisition,
leasing, property management and sale of commercial properties in
Germany. At the core of its investment activities are office and
retail properties in German regional centres.

As of March 31, 2012, Fair Value's share of the total portfolio
amounted to around EUR 222 million. This portfolio had an occupancy
rate of 94.2% of the achievable rents at full occupancy of EUR 19.7
million per annum. As of March 31, 2012, the weighted remaining term
of the leases was 5.8 years. Around 44% of the potential rent relates
to retail floor space, 42% to office space and 14% to other
facilities.

Further inquiry note:
{Fair}[HYPERLINK: mailto:Fair] Value REIT-AG
Frank Schaich
Tel. 089-9292815-10
Fax. 089-9292815-15
e-mail: schaich@fvreit.de

end of announcement euro adhoc
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company: Fair Value REIT-AG
Leopoldstraße 244
D-80807 München
phone: +49 (0) 89 9292815 01
FAX: +49 (0) 89 9292815 15
mail: info@fvreit.de
WWW: http://www.fvreit.de
sector: Real Estate
ISIN: DE000A0MW975
indexes: CDAX, Classic All Share, Prime All Share, RX REIT All Share Index,
RX REIT Index
stockmarkets: free trade: Berlin, München, Düsseldorf, Stuttgart, regulated
dealing/prime standard: Frankfurt
language: English