Acquisition

AXA Property Trust Ld
08 June 2007


To:   Company Announcements

Date: 08 June 2007


Subject: AXA PROPERTY TRUST LIMITED ACQUIRES A FURTHER PROPERTY IN EUROPE


AXA Property Trust Ltd. is pleased to announce that it has acquired a retail
property in Rothenburg, Southern Germany, for €24.7 million at a gross initial
yield of 7.3%. The property has a weighted unexpired lease term of 10 years, the
principal tenant being a large supermarket chain.


As previously announced on 03 May 2007 and 25 May 2007, contracts have been
exchanged on two further properties. The first, Pankower Allee, is a retail
complex in Berlin with a weighted unexpired lease term of 13 years which is
being acquired for €5.8 million, reflecting a gross initial yield of 7.9%. The
second is a 12.1% share in a portfolio of 58 office buildings situated across
the Netherlands acquired for €290.8 million, reflecting a gross initial yield of
7.6%.


The above mentioned properties are scheduled to complete within the month of
June 2007. The Company is delighted to report that AXA Property Trust Ltd.
anticipates entering the financial year commencing 01 July 2007 at near full
investment.


All Enquiries:


The Company Secretary

Northern Trust International Fund Administration Services (Guernsey) Limited

Trafalgar Court

Les Banques

St Peter Port

Guernsey

GY1 3QL


Tel: [phone]

Fax: [phone]



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