GxP German Properties : Dr Markus Beermann is new Chairman of the Supervisory Board of GxP German Properties AG

23. August 2018

• Amir Sagy appointed as Deputy Chairman of the Supervisory Board
• Thanks to departing Supervisory Board members Franz-Josef Schmitz
  and Andreas Steyer

Berlin, 23. August 2018 - The Annual General Meeting of GxP German Properties AG (ISIN: DE000A1YCNN8, WKN: A1YCNN) in Berlin today elected a new Supervisory Board. This will in future consist of Dr Markus Beermann (Vechta), Prof. Martin Meißner (Frankfurt), and Amir Sagy (Haifa).

Dr Beermann and Mr Sagy were elected to the Supervisory Board as representatives of the new major shareholder after Franz-Josef Schmitz and Andreas Steyer did not stand for election again. Prof. Meißner had already been on the Supervisory Board in the previous election period.

Immediately after the end of the Annual General Meeting, the newly elected Supervisory Board held its constitutive meeting, Dr Markus Beermann was elected as the Chairman and Amir Sagy as the Deputy Chairman of the Supervisory Board. The Supervisory Board and the Management Board of GxP German Properties AG thanked Franz-Josef Schmitz and Andreas Steyer for their work as Supervisory Board members in the previous term of office.

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Über die GxP German Properties AG

Based in Berlin, GxP German Properties AG concentrates on the acquisition, portfolio management and asset management of office and retail real estate in Germany. The company's investment focus includes attractive commercial real estate in the segments 'core+' and 'value-add' in the country's metro regions as well as in selected midsize German cities. The strategy pursued by the company is to raise appreciation potential through active portfolio management, and to secure sustainable rent revenues at the same time.

For more details, go to the company's homepage at www.gxpag.com