Union Investment

Corporate Profile

CORPORATE PROFILE

DIFA Deutsche Immobilien Fonds AG, Hamburg

Hamburg-based DIFA Deutsche Immobilien Fonds AG is a leading German capital investment company, established in 1965. As a specialist investment institution DIFA is part of both the FinanzVerbund der Volksbanken Raiffeisenbanken group and the Union Investment Group. DIFA manages four open-ended real estate funds, including two retail funds – DIFA-Fonds Nr. 1 and DIFA-GRUND – targeted at private investors throughout Germany, and one specialized fund - DIFA-Fonds Nr. 3 - for institutional investors.

DIFA invests the funds under management by developing real estate projects or acquiring commercial property in major German and international cities that deliver strong returns and promise to retain their long-term value, focusing on the service sector.

Independent managers operating in strict accordance with German regulatory requirements ensure optimum protection for investors. Through their payments, investors acquire an interest in all the assets within a fund and thereby attain a breadth that is virtually impossible for private investors to achieve by investing directly in real estate. The DIFA property portfolio covers many industries, tenants, uses, regions, cities and property sizes, with the emphasis on office blocks in up-and-coming areas and business premises in prime locations.

Total assets under management across all DIFA funds exceed EUR 15.5 billion. The DIFA portfolio comprises 180 properties both in and outside Germany. DIFA-Fonds Nr. 1 and DIFA-GRUND make DIFA the second largest capital investment company for open-ended real estate funds in Germany. Around 600.000 investors have chosen to invest in these two retail funds, with about 500.000 of them holding an investment account with DIFA. Private investors regard DIFA funds as offering solid asset-based capital investment for private asset management and retirement planning.

DIFA‘s main focus is on the markets and cities where the open-ended retail funds DIFA-GRUND and DIFA-Fonds Nr. 1 have already successfully invested. DIFA has a strong preference for Brussels, London, Barcelona, Madrid, Marseille, Paris and Washington D.C. – cities where DIFA has significant holdings. As an ongoing activity, DIFA is also considering expansion into other markets with the right potential for growth.

Press contact:

DIFA Deutsche Immobilien Fonds AG

PR/Communication

Fabian Hellbusch

Caffamacherreihe 8, 20355 Hamburg, Germany

Tel: +49 40 3491 9-160, Fax: +49 40 3491 9-190

Internet: www.difa.de

e-mail: fabian.hellbusch@difa.de