DGAP-Ad hoc: Adler Real Estate AG

DGAP-Adhoc: Adler Real Estate AG: Change in Management Board of ADLER Real Estate AG

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

30.03.2016 18:30

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

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Notification pursuant to Section 15 of the German Securities Trading Act (WpHG)

Change in Management Board of ADLER Real Estate AG

- Axel Harloff to resign from Company's Management Board at his own request after 13 years of service on ADLER Real Estate AG's Management Board

- Arndt Krienen to become new CEO

- Sven-Christian Frank to become new COO

Hamburg, 30 March 2016. At today's Supervisory Board Meeting of ADLER Real Estate AG, Frankfurt/M. (ISIN DE0005008007) Mr Axel Harloff has asked the Company's Supervisory Board to be released from the Company's Management Board for personal reasons upon close of the ordinary general shareholders' meeting of ADLER Real Estate AG to be held on 9 June 2016.

The Supervisory Board has accepted Mr Harloff's request and expresses its thanks to Mr Harloff for his successful and long-standing service and particularly his great commitment and achievements in the management and representation of the Company at which he has served as member of the Management Board since 11 February 2003. Mr Harloff will remain committed to the Company and the Group in an advisory capacity and by serving at Accentro Real Estate AG's Supervisory Board.

With effect from 9 June 2016 Mr Arndt Krienen, who has joined the Management Board on 1 January 2016, will become new Chief Executive Officer (CEO).

Also with effect from 9 June 2016 Mr Sven-Christian Frank, Head of Asset Management, will join the Management Board of ADLER Real Estate AG as Chief Operating Officer (COO).

Mr Tomas de Vargas Machuca will perform the function of a Chief Financial Officer (CFO) within the Company's Executive Committee.

The Management Board

For inquiries please contact:

german communications dbk ag Jörg Bretschneider Milchstr. 6 B, 20148 Hamburg Phone.: 040/46 88 33 0, Fax: 040/46 88 33 40 presse@german-communications.com

INVESTOR RELATIONS: Hillermann Consulting Christian Hillermann Poststraße 14, 20354 Hamburg Tel.: 040/32 02 79 10, Fax: 040/32 02 79 114 c.hillermann@hillermann-consulting.de

30.03.2016 The DGAP 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: ADLER Real Estate AG Herriotstr. 5 60528 Frankfurt am Main Germany Phone: +49 (0)40 - 29 8130-0 Fax: +49 (0)40 - 29 8130-99 E-mail: info@adler-ag.com Internet: www.adler-ag.com ISIN: DE0005008007, XS1211417362, DE000A1R1A42, DE000A11QF02 WKN: 500800, A14J3Z, A1R1A4, A11QF0 Indices: SDAX, GPR General Index Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg End of Announcement DGAP News-Service ---------------------------------------------------------------------------