Press release

TLG IMMOBILIEN lets 2,200 sqm of office space to 1&1

- Lease commences in April 2016

- Lease term: four years, with option

- 1&1 thus uses 3,200 sqm in property at Alexanderstraße 3, 5

Berlin, 21 December 2015 - 1&1 Internet SE, a leading DSL and mobile communications provider in Germany, is expanding its presence at its existing Berlin location at Alexanderstraße 3, 5, 10178 Berlin. The expanded lease agreement was signed last week. The company has occupied approx. 1,000 sqm of office space in TLG IMMOBILIEN AG's property since December 2014. Beginning in April 2016, 1&1 is expanding its let space by a further 2,200 sqm on the second storey. The lease agreement for the office space, now totalling approx. 3,200 sqm, has a four-year term with an option for renewal.

"This underscores the increasing attractiveness of Alexanderplatz as office location in Berlin", said Sven Graven, Head of TLG IMMOBILIENAG's North branch office.

The majority of TLG IMMOBILIEN's office property portfolio is located in Berlin. Additional office property portfolios are located mainly in regional economic centres such as Dresden, Leipzig and Rostock. Tenants for the Company's office properties are primarily economically strong private companies and publicly owned entities.

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About TLG IMMOBILIEN
TLG IMMOBILIEN AG is a stock exchange-listed leading commercial real estate company focusing on Berlin and growth regions in Eastern Germany. For over 20 years, TLG IMMOBILIEN has been synonymous with real estate expertise in Germany's East. TLG IMMOBILIEN generates stable rental income and exhibits low vacancy rates, very good building stock and profits from its local employees' excellent market knowledge. As an active portfolio manager, TLG IMMOBILIEN is specialised in commercial properties for office and retail use. TLG IMMOBILIEN focuses on managing a high-quality portfolio of office properties in Berlin and other regional economic centres, as well as a regionally diversified portfolio of retail properties in highly frequented micro locations. The portfolio also includes five hotels in Berlin, Dresden and Rostock. TLG IMMOBILIEN's properties stand out not only due to their excellent locations but also because of their very long-term rental or lease agreements.
As at 30 September 2015, the value of the properties under IFRS totalled EUR 1.767bn. As at the same reporting date, the EPRA Net Asset Value per share amounted to EUR 16.90.