DGAP-News

IMMOFINANZ Group lets more than 9,000 sqm of office space in Warsaw

DGAP-News: IMMOFINANZ AG / Key word(s): Real Estate/Miscellaneous
IMMOFINANZ Group lets more than 9,000 sqm of office space in Warsaw

29.09.2014 / 10:49

---------------------------------------------------------------------

IMMOFINANZ Group has signed a lease agreement with the Polish General
Inspectorate of Road Transportation for more than 7,000 sqm in the Equator
office building, which is located in Warsaw's Ochota district. This
represents the largest single office lease concluded by IMMOFINANZ Group in
Poland and is also one of the largest individual contracts of this type
signed on the Warsaw market in 2014.

In recent weeks, the company also signed three lease agreements in the IO-1
office building for a total of 2,300 sqm. The tenants are Opera Software
Poland - with more than 1,600 sqm, FHP-Vileda - with approx. 300 sqm and IT
Works - with approx. 350 sqm.

These four agreements were concluded for a period of at least five years
and correspond to an increase of the occupancy rate in the Polish office
portfolio by approx. 4.5 percentage points.

Since the beginning of the 2014/15 financial year, IMMOFINANZ Group has
leased over 16,500 sqm of office space in Warsaw. These results were made
possible, among others, by the diversified offering and the quality of the
portfolio. Moreover, these transactions reflect the efficiency of
IMMOFINANZ's asset management and confirm the company's position as one of
the largest investors (approx. 200,000 sqm of rentable space) on the Warsaw
office market.


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 that
now comprises more than 470 investment properties with a carrying amount of
approx. EUR 6.9 billion. As a "real estate machine" the company
concentrates on linking its three core business areas: the development of
sustainable, specially designed prime properties in premium locations, the
professional management of these properties and cycle-optimised sales.
IMMOFINANZ Group concentrates its activities in the retail, office and
logistics segments of eight regional core markets: Austria, Germany, Czech
Republic, Slovakia, Hungary, Romania, Poland and Russia.
Further information under: http://www.immofinanz.com |
http://blog.immofinanz.com | http://properties.immofinanz.com


For additional information please contact:
MEDIA INQUIRIES
Bettina Schragl
Head of Corporate Communications | Press Spokesperson
IMMOFINANZ Group
T [phone]
M [phone]
[e-mail]

INVESTOR RELATIONS
Stefan Schönauer
Head of Corporate Finance & Investor Relations
IMMOFINANZ Group
T [phone]
M [phone]
[e-mail]



---------------------------------------------------------------------

29.09.2014 Dissemination of a Corporate News, transmitted by DGAP - a
service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

The DGAP Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de

---------------------------------------------------------------------


Language: English
Company: IMMOFINANZ AG
Wienerbergstraße 11
1100 Wien
Austria
Phone: [phone] - 2291
Fax: [phone] - 8291
E-mail: [e-mail]
Internet: http://www.immofinanz.com
ISIN: AT0000809058
WKN: 911064
Listed: Freiverkehr in Berlin, München, Stuttgart; Frankfurt in
Open Market ; Wien (Amtlicher Handel / Official Market)


End of News DGAP News-Service
---------------------------------------------------------------------
289082 29.09.2014