Revaluation Profit

Summit Germany Limited

(the "Summit Germany" or the "Company")

€42 million Revaluation Profit on Acquired Portfolio of Six Properties

30 November 2015

Summit Germany, the German commercial real estate company, is pleased to announce that it has completed an independent valuation of the portfolio of six commercial properties that it acquired in July 2015.

The valuation methodology used to the determine the fair value of the six properties was based on a discounted cash flow model, as well as comparable market data and resulted in a fair value determination of €82.5 million for the acquired portfolio, reflecting a 7.4% yield on the properties' annual rental income.

As a result of the revaluation of the six properties, the Company expects to incorporate a €42 million revaluation profit in its 2015 annual financial statements.

Furthermore, the Company will conduct an independent valuation of its entire portfolio as part of the preparation of its year-end financial results. As stated in Summit's half year statement, the Company believes that the portfolio as a whole has performed robustly.

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For further information please contact:

Summit Germany Limited	Tel: [phone]
Zohar Levy - Managing Director
Itay Braun - Finance Director
Non-Executive Chairman	Tel: [phone]
Harry Hyman
Carey Group, Company Secretary	Tel: [phone]
Sara Bourne
Cenkos Securities, Nominated Adviser	Tel: [phone]
and Joint Broker
Ivonne Cantu (Nomad)
Russell Kerr / Selwyn Jones (Broking)
Liberum Capital Limited, Joint Broker	Tel: [phone]
Chris Clarke / Jill Li
Capital Access Group	Tel: [phone]
Simon Courtenay
Harry Rippon

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This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Summit Germany Limited via Globenewswire

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