GAGFAH S.A.
GAGFAH S.A.: Change in Composition of Board of Directors
GAGFAH S.A. / Key word(s): Change of Personnel Press Release: March 6, 2015 ISIN: LU0269583422 The change of control announced by Deutsche Annington Immobilien SE in connection with the voluntary public takeover offer to the shareholders of GAGFAH S.A. leads to the following changes in the composition of the Board of Directors of GAGFAH S.A., as expected: Contact About GAGFAH S.A. GAGFAH S.A. is a joint stock corporation organized under the laws of the Grand Duchy of Luxembourg qualifying as a securitization company under the Luxembourg Securitization Law of March 22, 2004. The core business of GAGFAH S.A.’s operating subsidiaries is the acquisition, ownership and management of a residential property portfolio located in Germany. GAGFAH is a leading owner and operator of residential real estate in Germany. Our portfolio includes more than 144,000 own residential units that are mostly located in the large German cities and their respective commuter belts. We believe that our size, our significant presence in the key residential markets and our scalable operating platform make us one of the leading providers of affordable housing for low- to medium- income households in Germany. Our operating subsidiaries are full-scale service providers for a broad range of property and facility management services. Our objective is to generate shareholder value through sustainable and growing cash flows, increasing net asset value and sustainable dividends by efficiently managing our portfolio, carrying out value-enhancing property investments, pursuing accretive growth opportunities, and realizing value through selected asset sales. 2015-03-06 Dissemination of a Corporate News, transmitted by DGAP – a service of EQS Group AG. The issuer is solely responsible for the content of this announcement. 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: | GAGFAH S.A. | |
2-4, rue Beck | ||
1222 Luxemburg | ||
Grand Duchy of Luxembourg | ||
Phone: | + 352 266 366 21 | |
Fax: | + 352 266 366 01 | |
E-mail: | info@gagfah.com | |
Internet: | www.gagfah.com | |
ISIN: | LU0269583422, DE000A1ZJD18 | |
WKN: | A0LBDT, A1ZJD1 | |
Listed: | Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich, Stuttgart | |
End of News | DGAP News-Service |
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