Corporate News

POLIS Immobilien continues its course for growth in third quarter

Berlin, November 3, 2011 – Berlin-based POLIS Immobilien AG [ISIN: DE0006913304] profited from the continuing stable demand for commercial property in Germany during the first nine months of the current financial year. With currently 4.7 million euros, the company succeeded in noticeably increasing its year-on-year results before taxes (previous year: -0.2 million euros). During the same period rental income increased by 15 percent to 11.1 million euros (previous year: 9.7 million euros).
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POLIS Immobilien AG appoints Peter Muth as CFO

Berlin, 6 September 2011 – The Supervisory Board of POLIS Immobilien AG [ISIN:DE0006913304] has appointed Peter Muth as new Chief Financial Officer with effect from 1 October 2011. Having held senior financial positions at OC Oerlikon Management AG and Hochtief AG, the 41-year-old financial expert has comprehensive experience on which to draw in his new position. “We are pleased to have won such an experienced manager as Mr Muth, who will support our growth strategy,” said Dr. Alan Cadmus, CEO of POLIS Immobilien AG.
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Publication of interim report:
POLIS Immobilien reports significantly improved earnings and achieves major strategic goals

Berlin, 4 August 2011 – At EUR 9.6 million, POLIS Immobilien AG [ISIN: DE0006913304] reported greatly improved earnings before taxes in the first half of the year as compared to the same period of the previous year (EUR -1.6 million). The positive performance is attributable to completed modernisation projects and growing rental income as well as to a good valuation result from the revaluation of investment properties and interest rate hedges, which became effective already in the first quarter of the year.
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POLIS Immobilien reports sharp increase in Q1 EBT to EUR 8.3 million

- Much better valuation result from revaluation of investment properties
- Polis well positioned in city centre locations
- Course set for continued growth
Berlin, 5 May 2011 – At EUR 8.3 million, first-quarter earnings before taxes of POLIS Immobilien AG [ISIN: DE0006913304] were much higher than in the previous year (EUR -0.5 million).
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POLIS Immobilien publishes the Annual Report 2010

Berlin, 31 March 2011 – POLIS Immobilien AG [ISIN: DE0006913304] today published its 2010 annual report and confirms the preliminary figures for 2010 published on February 21, 2011.
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Earnings position of Polis Immobilien improves significantly in fiscal 2010

Berlin, 21 February 2011 – POLIS Immobilien AG [ISIN: DE0006913304] improved its earnings markedly in the fiscal year 2010. Group earnings before taxes (EBT) amounted to EUR 2.0 million, up from a negative EUR 6.8 million in the previous year. POLIS Immobilien used the growing demand for well furnished office space to boost its letting performance from 69 percent in 2009 to approx. 73 percent at the end of 2010.
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POLIS Immobilien invests in Dresden’s office property market

Acquisition of four office properties in good downtown location in Dresden
Letting performance doubled in 2010 compared to 2009
Berlin, January 13, 2011 – POLIS Immobilien AG [ISIN: DE0006913304] has acquired three office buildings in downtown Dresden and plans to buy a fourth one shortly. The office properties are situated in an excellent city centre location at Altmark, in Kramergasse, at Palaisplatz and in Könneritzstraße.
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