ss=fontstyle>Hamburg, October 25, 2005 - Deutsche EuroShop AG increases interests in the
Main-Taunus-Zentrum (Sulzbach) and the Rhein-Neckar-Zentrum (Viernheim)
effective end of 2005. The stake in the Main-Taunus-Zentrum will increase to
43,1%, the stake in the Rhein-Neckar-Zentrum will increase to 99,8%.

Therewith Deutsche EuroShop, which at present has a stake in 14 European
shopping centers, extends its exposure in two of the sales strongest objects
of that kind in Germany. The investment volume for both transactions amounts
to above Euro 20 million.

The Main-Taunus-Zentrum in Sulzbach was opened in 1964 and is regarded as
Europe's first shopping center. After several refurbishments and expansions it
offers today a total sales area of approx. 79,000 sqm. The center with 100
stores and parking for 4,000 cars is located between Frankfurt and Wiesbaden
close to the highway A66. The Rhein-Neckar-Zentrum in Viernheim is optimally
integrated in the metropolitan area Mannheim-Heidelberg by the highways A5, A6
and A659. Opened in 1972, extended and refurbished in 2002, it offers today
approx. 100 shops with a sales area of 60,000 sqm and parking for 3,800 cars.

Both centers are 100% long term let to renowned retailers and are managed by
Hamburg based ECE Projektmanagement.

Deutsche EuroShop - The Shopping Center-AG
Deutsche EuroShop AG is the sole German publicly listed real estate company
following an investment strategy focused exclusively on shopping centers. The
MDAX-company currently holds participations in 14 European shopping centers in
Germany, France, Poland, Italy, Austria and Hungary.

Facts & Figures of the Main-Taunus-Zentrum

Location                  Sulzbach
Investment of DES         43,1%
Lettable space in sqm     102,000
Parking                   4,000
Number of shops           approx. 100
Occupancy rate            100%
Catchment area            2.2 million inhabitants
Opening / refurbishment   1964/2004

Facts & Figures of the Rhein-Neckar-Zentrum

Location                  Viernheim
Investment of DES         99,8%
Lettable space in sqm     64,000
Parking                   3,800
Number of shops           approx. 100
Occupancy rate            100%
Catchment area            1.2 million inhabitants
Opening / refurbishment   1972/2002

Contact:
Deutsche EuroShop AG, Investor & Public Relations, Patrick Kiss, Oderfelder
Straße 23, 20149 Hamburg, Tel. +49-(0)40-413579-20, Fax +49-(0)40-413579-29,
E-Mail: ir@deutsche-euroshop.de , http://www.deutsche-euroshop.com ,
ISIN: DE 000 748020 4<