Significant upward revaluation of property portfolio expected as of 30 June 2019

Based on preliminary revaluation results of external appraisers, S IMMO AG’s Management Board expects positive effects on the real estate portfolio in the amount of roughly EUR 120m as of 30 June 2019, mainly attributable to properties in Germany. As a result, EPRA NAV per share is expected to increase to slightly below EUR 24 as of 30 June 2019.

The final half-year results will be published on 27 August 2019.