DGAP-News

IMMOFINANZ - Dietmar Reindl appointed to the Executive Board

DGAP-News: IMMOFINANZ AG / Key word(s): Real Estate/Change of
Personnel
IMMOFINANZ - Dietmar Reindl appointed to the Executive Board

30.04.2014 / 10:40

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The Supervisory Board of IMMOFINANZ has appointed Dietmar Reindl to the
Executive Board effective 1 May 2014. He will join Eduard Zehetner and
Birgit Noggler as the third member on the Executive Board of this real
estate investor and developer. Reindl succeeds Daniel Riedl, who resigned
from the Executive Board of IMMOFINANZ following the spin-off of BUWOG.

Dietmar Reindl, who was born in 1969, has been with IMMOFINANZ since July
2012 and is responsible for Asset Management Office, Logistics and Hotels
in all Group countries. He can look back on many years of experience in the
development, management, marketing and sale of real estate. Prior to
joining IMMOFINANZ Group, he held management positions, among others, with
Inter IKEA and the Falkensteiner hotel group, in both cases with a strong
focus on Central and Eastern Europe.

In his position on the IMMOFINANZ Executive Board, Reindl will be
responsible for the management of commercial office, retail and logistics
properties (asset management) and for marketing. His appointment covers a
term of office ending in April 2017.

"Dietmar Reindl has played an important role in the further
professionalisation of our asset management in recent years and in the
continuous improvement of our portfolio structure. I am convinced he will
be able to successfully advance the positioning of IMMOFINANZ Group as a
specialist for commercial properties in Eastern Europe in this new
function", commented Eduard Zehetner, CEO of IMMOFINANZ Group.

Reindl on his appointment: "I welcome the opportunity to make an even more
direct contribution to the development of this leading CEE real estate
investor and developer and look forward to further strengthening IMMOFINANZ
Group as THE real estate brand in our core countries. Customer orientation
and high-quality service will remain the focal points for asset management
and ensure the continued generation of stable rental income."


On IMMOFINANZ Group
IMMOFINANZ Group is one of the leading listed property companies in Europe.
The company is included in the leading ATX index of the Vienna Stock
Exchange and also trades on the Warsaw Stock Exchange. Since its founding
in 1990, the company has compiled a high-quality property portfolio with a
carrying amount of approx. EUR 7.4 billion. As a "real estate machine" the