Pressemitteilung Januar 2006

alpine

Pressemitteilung Januar 2006

PRESS RELEASE

Munich, January 24, 2008

ALPINE in Munich: topping-out ceremony for the Altstadt

Palais

Munich: ALPINE Bau Deutschland AG is currently constructing the Altstadt Palais at Karl Scharnagl

Ring in the heart of Munich, with visual contact to Maximilianstrasseproject for its clients, Accumulata

Immobilien Development GmbH and LBBW Immobilien Capital GmbH.

The building carcass for 4 basement floors and 6 upper floors is nearing completion on an area of

2,600 m 2 . The building complex is to be used as an exclusively furnished office building. The property

will also profit from the penthouse flooded with natural daylight featuring a rooftop terrace facing

the Klostergarten.

The basement garage will have approx. 90 parking spaces. The remaining 4 subbasement floors

will be used as engineering and storage rooms.

The entire building will be designed using Feng Shui principles.

The topping-out ceremony took place December 10, 2007 with nearly 280 invited guests. The

prominent figures included Georg Fahrenschon (Secretary of State for the Bavarian Ministry of Finance),

Christine Strobl (Munich's second mayor), Prof. Fritz Auer (architectural office Auer + Weber

+ Assoziierte) and Ralf Nisar (LBBW Immobilien). Bernd Haggenmüller (Shaftesbury Asset

Management) delivered an address for the buyer, UBS Wealth Management Continental European

Property Fund Limited.

The building was consecrated by Monsignore Erwin Hausladen from the Catholic parish of St.

Thomas Morus and Father Maximilian from the Bavarian Franciscan province.

Hans Schlamp, managing partner of Accumulata Immobilien Development, introduced the official

speakers.

The ceremony ended with the topping-out speech by the project manager, Hermann Reiter, on behalf

of ALPINE Bau Deutschland AG.

The official ceremony was followed by a felicitous gala together with clients, buyers, planners, the

management of ALPINE Bau Deutschland, the construction management and the construction site

staff.

ALPINE Bau Deutschland AG

Alpine Bau Deutschland AG was established in Munich in 1989 as a subsidiary of the Austrian

ALPINE Bau GmbH. With ten branches and over 750 employees in Germany, Poland and the

U.A.E. ALPINE Bau Deutschland AG ensures a consistently high quality standard in the execution

of sophisticated construction products in Germany and abroad. The company is engaged in various

fields of activity: building construction, e.g. the Allee Hotel in Frankfurt, or the turnkey construction

of the Canadian Embassy in Berlin, civil engineering, underground mining, industrial

construction, power plant construction and bridge construction are part of its performance


spectrum. As a general contractor and specialist in stadium construction, ALPINE Bau Deutschland

AG completed the Allianz Arena in Munich on time in just two and a half years.

The ALPINE Group is a global player. With a sales volume of EUR 2.266 billion in 2006 and a staff of approximately

12,750, ALPINE is one of the three largest construction groups in Austria. The Spanish construction

group FCC acquired a majority stake in ALPINE in 2006. For more information visit http://www.alpine.at

+++ The former Alpine Mayreder Bau GmbH now operates as ALPINE Bau GmbH +++

Photos: Photo 1: View of the Altstadt Palais Munich, grounds

Photo 2: View of the Altstadt Palais Munich, Maximilianstrasse

Photo 3: Monsignor Erwin and Father Maximilian

Copyright: Accumulata Immobilien Development, LBBW Immobilien Capital

The photos may be printed free of charge

Questions: Mag. Karin Keglevich

Special Public Affairs GmbH

Tel. +43 1 532 25 45-10

Mobile: +43 664 33 808 34

Email: keglevich@spa.co.at

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