Adler Real Estate AG / MiscellaneousRelease of an Ad hoc announcement according to § 15 WpHG, transmitted byDGAP - a company of EquityStory AG.The issuer is solely responsible for the content of this announcement.----------------------------------------------------------------------Ad hoc announcement according to section 15 German Securities Trade Act asof March 8th, 2007ADLER Real Estate AGISIN: DE0005008007+++ ADLER Real Estate AG and THG Real Estate GmbH jointly acquire aproperty in Duisburg-North to be developed as logistics spaces++++++ The project volume is approx. EUR 40.0 million +++Hamburg, March 8th, 2007. ADLER Real Estate AG (ISIN: DE0005008007),Frankfurt, announces a 60-percent-investment in the stock of a companydeveloping logistics spaces in Duisburg-North. The project Logistics CenterDuisburg-North will be realized in cooperation with THG Real Estate GmbH.For the intended three stages of construction the project volume comprisesapprox. EUR 40.0 million. The vendor of the Duisburg property isThyssenKrupp. Details concerning the purchase price are subject to anon-disclosure agreement.The project Logistics Center Duisburg-North with a size of more than126,000 sq. m and a useable floor area of approx. 75,000 sq. m is locateddirectly on the freeway (Autobahn) 59. The intended three stages ofconstructions will be realized successively. Lease agreement negotiationsas well as assigning the building contract for the first stage ofconstruction are on the brink of being finalized. The first stage ofconstruction is expected to be realized still in 2007.The Management BoardFor further inquiry please contact:ADLER Real Estate AGNeuer Wall 77D-20354 Hamburgwww.adler-ag.de Phone: ++49 (040) 29 8130-0Fax: ++49 (040) 29 8130-99info@adler-ag.deAbout ADLER Real Estate AG:ADLER Real Estate AG is dealing in the business fields of projectdevelopment, portfolio management, asset management, and closed propertyfunds. The company’s core competence is in the realization and marketing ofambitious national and international real estate projects. ADLER RealEstate AG emerged from the tradition-rich corporate veil of the Adlerwerkein Frankfurt. Their history goes back to the 19th century. Today, themajority shareholder of ADLER Real Estate AG is the U.S. company MezzanineIX Investors L.P.DGAP 08.03.2007 ---------------------------------------------------------------------- Language:     EnglishIssuer:       Adler Real Estate AG              Neuer Wall 77              20354 Hamburg DeutschlandPhone:        +49 (0)40 - 29 8130-0Fax:          +49 (0)40 - 29 8130-35E-mail:       info@adler-ag.dewww:          www.adler-ag.deISIN:         DE0005008007WKN:          500800Indices:      Listed:       Amtlicher Markt in Berlin-Bremen, Frankfurt (General              Standard), Düsseldorf, München; Freiverkehr in Hamburg End of News                                     DGAP News-Service ---------------------------------------------------------------------------