History

February 2008

Formation of a subsidiary in Singapore

January 2008

Appointment of Dr Marc Weinstock as CEO

Appointment of Niclas Karoff as a member of the Management Board

December 2007

Formation of a joint Property Management Association with TAG - Assets under Management € 1.2 bn

Financial Highlights: care for advisory mandates having a total transaction volume of meanwhile € 9 bn (as of 31 December 2007)

October 2007

Acquisition of a participation of 20% in the German Asset Management platform of Pirelli RE

Conclusion of a cooperation agreement with the Asian real estate specialist Pacific Star to jointly initiate real estate funds in the Asian region

November 2007

Formation of a subsidiary in Helsinki, Finland

September 2007

Initiation of the first aircraft portfolio for private investors by HGA Capital

August 2007

Pooling of the PPP activities of HSH Real Estate and DAL

Relocation to Europa Passage due to the growth of HSH Real Estate

July 2007

50% participation in US Treuhand, the second largest provider of closedend US real estate funds in Germany

Completion and selling of Atlantic Haus, Hamburg, to UBS

Advising Robert Vogel GmbH & Co. KG in selling a portfolio of 10 office properties to IVG

June 2007

Acquisition of a portfolio of 17 senior living properties in the US together with H. J. Sims - transaction volume of € 202 m

New foundation member of the European Business School: second commitment in the area of education and training alongside its association with the Kiel University of Applied Sciences (Fachhochschule Kiel)

June 2007

Launch of the first LB Immo Invest nursing home fund (LB Pflege-Invest Deutschland I) for institutional investors with a target volume of € 500 m; acquisition and management of the fund by HSH Real Estate

March 2007

Advising of Hesse on "Leo III", the sale of a large-scale real estate portfolio

MIPIM Award for the project development of the Europa Passage in Hamburg, initiated by HSH Real Estate

February 2007

Foundation of Deutsche PPP Holding and thus expansion of the range of service for public authorities

December 2006

Launch of the fund H/HStadtwerkefonds KGaA, SICAR, the first community related fund, which invests in participations in regional and municipal electricity suppliers in Germany

Financial Highlights: The total investment volume of closed-end funds of HGA Capital reaches € 2.4 bn (as of 31 December 2006)

December 2006

Acquisition of about 50.1% of the Hamborner AG

Sale of DGAG Deutsche Grundvermögen to Pirelli RE

October 2006

Sale of the property Königsbau Passagen in Stuttgart, which is nominated for the MIPIM Award to the Evans Randall investment bank

September 2006

The Scope Award 2006 in the category "best initiator in the segment real estate fund Europe" goes to HGA Capital

January 2006

Advising of the Free and Hanseatic City of Hamburg on the sale of real estates having a value of more than € 1 bn

Foundation of a subsidiary in Budapest, Hungary

December 2005

Financial Highlights: For the first time the total volume of project developments exceeds € 1 bn (as of 31 December 2005)

November 2005

Participation in DSK, Deutsche Stadt- und Grundstücksentwicklung, the market leader in the field of urban development in Germany

October 2005

Assignment to market building plots within the framework of the private residential programme of the Free and Hanseatic City of Hamburg by PMC Immobilienmanagement

May 2005

First third-party mandate: asset management of the office and business building at Potsdamer Platz 5, Berlin

March 2005

Sale of 85% of GEHAG GmbH to Oaktree Capital Management

December 2004

Financial Highlights: The amount of participations reaches about € 500 m (book value as of 31 December 2004)

June 2004

Foundation of HSH Real Estate AG and pooling all real estate activities of the corporation except the original financing business under one roof