DGAP-Adhoc

IMMOFINANZ in discussions over the sale of the logistics portfolio - IMMOFINANZ postpones annual general meeting to December

IMMOFINANZ AG / Key word(s): Disposal/AGM/EGM

06.08.2015 19:24

Dissemination of an Ad hoc announcement, transmitted by DGAP - a service of
EQS Group AG.
The issuer is solely responsible for the content of this announcement.

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The Executive Board and Supervisory Board of IMMOFINANZ AG today decided to
sell the company's logistics portfolio. Negotiations with interested
parties are currently in progress. IMMOFINANZ's logistics segment covers
logistics standing investments with approx. 1 million sqm of rentable space
as well as various logistics development projects in Western and Eastern
Europe. Most of the properties are located in Germany, while other
logistics facilities are situated in Poland, Hungary, Slovakia, Romania and
Russia.

The Executive Board has also informed the Supervisory Board of measures
that are planned to restore the company's structural capability to pay
dividends as quickly as possible and thereby support a sustainable dividend
policy. Several options are currently being examined. The goal is to
simplify the corporate structure, on the one hand, and to safeguard the
generation of distributable balance sheet profit, on the other hand.

A proposal covering the planned measures will be placed before the annual
general meeting for voting. Since the necessary preparations are expected
to take two to three months, the date for the 22nd annual general meeting
of IMMOFINANZ AG will be postponed to 1 December 2015.


On IMMOFINANZ Group
IMMOFINANZ Group is the leading listed commercial real estate investor and
developer in Central and Eastern 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 6.8 billion.
IMMOFINANZ 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:

Bettina Schragl
Head of Corporate Communications and Investor Relations
T [phone]
M [phone]
[e-mail]
[e-mail]


06.08.2015 The DGAP Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de

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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: Regulated Unofficial Market in Berlin, Munich, Stuttgart;
Open Market in Frankfurt ; Wien (Amtlicher Handel / Official
Market)

End of Announcement DGAP News-Service

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