DGAP-News 600 0 Kommentare IMMOFINANZ completes the acquisition of an investment of approx. 26% in CA Immo

DGAP-News: IMMOFINANZ AG / Key word(s): Real Estate/Miscellaneous
IMMOFINANZ completes the acquisition of an investment of approx. 26% in CA
Immo

02.08.2016 / 11:29
The issuer is solely responsible for the content of this announcement.

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IMMOFINANZ has completed the purchase of 25,690,163 bearer shares
(representing an investment of approx. 26%) of CA Immobilien Anlagen AG
from Terim Limited (Cyprus) and four registered shares of CA Immo from O1
Group Limited (Cyprus). The closing took place today, on Tuesday, 2 August
2016. The purchase price for the package totals approx. EUR 604 million.

"We met all conditions precedent in the shortest possible period of time
and obtained the necessary approvals from the antitrust authorities in six
countries. This acquisition creates the basis for the merger of these two
companies into one of the leading property groups in Europe. Their
portfolios complement each other extremely well, and we are expecting
significant synergies and an increase in the attractiveness of the combined
group for the capital market - and that will benefit the shareholders of
both companies", indicated Oliver Schumy, CEO of IMMOFINANZ.

On IMMOFINANZ
IMMOFINANZ is a commercial real estate company whose activities are focused
on the retail and office segments of eight core markets in Europe: Austria,
Germany, Czech Republic, Slovakia, Hungary, Romania, Poland and Moscow. The
core business includes the management and development of properties. The
company has a real estate portfolio of approx. EUR 5.5 billion that covers
more than 380 properties. IMMOFINANZ is listed on the stock exchanges in
Vienna (leading ATX index) and Warsaw. Further information under:
http://www.immofinanz.com

For additional information contact:
Bettina Schragl
Head of Corporate Communications and Investor Relations
T +43 (0)1 88 090 2290
M +43 (0)699 1685 7290
communications@immofinanz.com
investor@immofinanz.com

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02.08.2016 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.
Archive at www.dgap.de

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Language: English
Company: IMMOFINANZ AG
Wienerbergstraße 11
1100 Wien
Austria
Phone: +43 (0) 1 88090 - 2290
Fax: +43 (0) 1 88090 - 8290
E-mail: investor@immofinanz.com
Internet: http://www.immofinanz.com
ISIN: AT0000809058
WKN: 911064
Listed: Regulated Unofficial Market in Berlin, Munich, Stuttgart;
Open Market in Frankfurt ; Warschau, Wien (Amtlicher
Handel / Official Market)

End of News DGAP News Service
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488521 02.08.2016