Fair Value REIT-AG announced resignation of Mr. Ingo Hartlief as a member of the Management Board with effect from the end of the annual general meeting of the Company on May 20, 2019 by mutual agreement with the Supervisory Board of the Company and is proposed to the annual general meeting for election to the Supervisory Board. The acting member of the Supervisory Board, Dr. Thomas Wetzel, will no longer stand as a candidate for the election to the Supervisory Board. Until he leaves the Management Board, Mr. Hartlief will continue to act as CEO of the Company. As successor to Mr. Hartlief, the Supervisory Board appointed Mr. Tim Br-ckner, who will act at the same time also as CEO.