Extension of the Framework Agreement with the German Federal Government


Deutsche Grundstücksauktionen AG (ISIN DE0005533400) and its five subsidiaries re-extended the framework agreement with the German Federal Government and its affiliates for two years to 31 December 2012.

After all signatures were completed, the agreement was received on 24 January 2011 but has already been effective since 1 January 2011. Therefore, a number of properties were already put up for sale for the Spring Auctions. 

On the side of the seller, Bundesanstalt für Immobilienaufgaben (Federal Office for Real Estate Management), Bundeseisenbahnvermögen (the Federal Office for Railway Assets), DB Services Immobilien GmbH, TLG IMMOBILIEN GmbH, Bodenverwertungs- und -verwaltungs GmbH (state-owned agency responsible for the administration and privatisation of state-owned farm and forest land in Eastern Germany) and Lausitzer und Mitteldeutsche Bergbau-Verwaltungsgesellschaft mbH (Lausitz and Central-German Mining Administration Company) are committed to the auction sale framework agreement.

 
 
 
 
 
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