Berlin, 3 July 2009 – ESTAVIS AG (ISIN: DE000A0KFKB3) announced today the cancellation of a portfolio transaction by mutual agreement with the institutional investor. The transaction amounting to EUR 16.5 million was closed on 30 June 2008.
The cancellation will not affect the financial figures of ESTAVIS AG, as the transaction had not been considered in any of the Company’s previous financial reports.
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About ESTAVIS AG
ESTAVIS AG is a leading provider of apartments for private investors in Germany. In addition, the Company also operates in the areas of portfolio trading for institutional investors and project development. ESTAVIS AG is based in Berlin and is listed in the Prime Standard of the Frankfurt stock exchange (ISIN: DE000A0KFKB3).
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