GSW Immobilien AG: Changes to the Management Board of GSW Immobilien AG

GSW Immobilien AG: Changes to the Management Board of GSW Immobilien AG

(DGAP-Media / 30.01.2014 / 11:45)

Changes to the Management Board of GSW Immobilien AG

Berlin, den 30. Januar 2014 - Jörg Schwagenscheidt (49), a member of the
management board of GSW Immobilien AG, has decided to leave the company by
mutual consent on January 31, 2014.

Jörg Schwagenscheidt was jointly responsible for the entire operational
business as well as for the strategic, process-related and organizational
realignment of the Company since 2006. The business development resulting
from the operational reorganization, as well as the successful refinancing
formed the integral basis for the successful initial public offering of GSW
Immobilien AG in 2011 and for the further positive development in the
following years.

Both the supervisory board and the management board would like to thank Mr.
Schwangenscheidt for his excellent work during these past years and wish
him all the best for his professional future.

GSW Immobilien AG  
Charlottenstraße 4, D-10969 Berlin

Press Relations:    
Thomas Rücker
Tel.: +49. (0) 30. 25 34-13 32 
Fax: +49. (0) 30. 25 34-19 34 

Investor Relations:
René Bergmann 
Tel.: +49. (0) 30. 25 34-1362 
Fax: +49. (0) 30. 25 34- 233 1960

About GSW
With a portfolio of around 60,000 residential and commercial units, GSW
Immobilien AG, founded in 1924, is a leading market-listed real estate
company in Berlin. GSW's corporate strategy is focused on the long-term
management of rental properties, applying a systematic approach aimed at
increasing both customer satisfaction and operating efficiency. As per
31 December 2012, the company's property portfolio was valued at around EUR
3.3 billion.

End of Media Release


Issuer: GSW Immobilien AG
Key word(s): Real estate

30.01.2014 Dissemination of a Press Release, transmitted by DGAP - a
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Language:    English                                                   
Company:     GSW Immobilien AG                                         
             Charlottenstraße 4                                        
             10969 Berlin                                              
Phone:       030 68 99 99 0                                            
Fax:         030 68 99 99 999                                          
ISIN:        DE000GSW1111                                              
WKN:         GSW111                                                    
Listed:      Regulierter Markt in Berlin, Frankfurt (Prime Standard);  
             Freiverkehr in Düsseldorf, Hamburg, Hannover, München,    
End of News    DGAP-Media  
250264 30.01.2014                                                      
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