MAGNAT Real Estate AG: Dr Marc-Milo Lube is the new member of MAGNAT’s Board of Directors

MAGNAT Real Estate AG  / Key word(s): Change of Personnel

10.12.2010 21:20

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Frankfurt am Main, 10 December 2010 - Today Dr Marc-Milo Lube (40) was
appointed as the spokesman of MAGNAT Real Estate AG's Board of Directors
('MAGNAT', ISIN DE000A0XFSF0) as of 1 January 2011. He will be primarily
responsible for asset management, marketing and sales.

Dr Lube has been active for more than 15 years in real estate development,
corporate finance and strategic consulting. He last owned an Austrian
consulting firm for Eastern European real estate development. Prior
thereto, he was the CEO of asset manager R-QUADRAT Immobilien GmbH in
Austria. Dr Lube will focus on expanding Eastern European competence along
with the company's sales force and capital market alignment.

Dr Lube is currently a member of MAGNAT's Supervisory Board. Pursuant to
his appointment to the Board of Directors, he will leave the Supervisory
Board on 31 December 2010. Dr Lube is a key shareholder of MAGNAT with a
more than 3% stake in share capital.

Jürgen Faè will remain the company's CFO.


MAGNAT Real Estate AG is the first publicly traded real estate company in
Frankfurt to focus on real estate development in Eastern European, Austrian
and German metropolitan areas.

MAGNAT is an integrated real estate group and covers the entire value chain
- from acquisition to development to the sale of projects and land. In
addition, the Group provides real estate asset management for third

MAGNAT investors participate in development returns in Eastern Europe and
special situations in Germany and Austria.


MAGNAT Real Estate AG
Investor Relations
Dr Joachim Fleing / Charlotte Frenzel
Lyoner Straße 32
60528 Frankfurt/Main
Tel: +49 (0) 69-719 189 79 36
Fax: +49 (0) 69-719 189 79 11

Press Relations
edicto GmbH
Axel Mühlhaus / Werner Rüppel
Tel:  +49 (0) 69-905 50 55 2

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Language:     English
Company:      MAGNAT Real Estate AG
              Lyoner Straße 32
              60528 Frankfurt am Main
Phone:        +49 (0)69  / 719 189 79 0
Fax:          +49 (0)69  / 719 189 79 11
ISIN:         DE000A0XFSF0
WKN:          A0XFSF
Listed:       Regulierter Markt in Frankfurt (General Standard);
              Freiverkehr in Berlin, Stuttgart
End of Announcement                             DGAP News-Service