DGAP-News

BUWOG AG: Refinancing of convertible bond and improvement of Recurring FFO profile - Seite 2

3.0 million per year, which will also have a corresponding effect on the
company's Recurring FFO. BUWOG AG is therefore completing another important
step in the optimisation of its Recurring FFO profile, which is already
implemented with the strategic positioning of the company.


About the BUWOG Group

The BUWOG Group is the leading German-Austrian full-service provider in the
residential property sector, and has experience going back around 60 years.
It is today one of the most important players also on the German market. In
total, the BUWOG Group has a high-quality portfolio of around 52,500
apartments (around half each in Austria and Germany). As a property
developer, it has so far been responsible for the construction of more than
35,000 apartments in Austria alone. The shares of BUWOG AG are listed on
the Frankfurt, Vienna and Warsaw stock exchanges.


For further information please contact:

Investor Relations:
Holger Lüth
BUWOG AG
T [phone]
[e-mail]


Media enquiries Germany:
Nikolaus von Raggamby
RUECKERCONSULT
T: [phone] - 40
[e-mail]


Media enquiries Austria:
Thomas Brey
LUSTIG+BREY
T [phone]
M [phone]
[e-mail]



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19.12.2014 Dissemination of a Corporate News, transmitted by DGAP - a
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Language: English
Company: BUWOG AG
Hietzinger Kai 131
1130 Wien
Austria
Phone: [phone]
Fax: [phone]
E-mail: [e-mail]
Internet: www.buwog.com
ISIN: AT00BUWOG001
WKN: A1XDYU
Listed: Regulierter Markt in Frankfurt (Prime Standard);
Freiverkehr in Berlin - Tradegate Exchange, Düsseldorf,
München, Stuttgart; Wien (Amtlicher Handel / Official
Market)


End of News DGAP News-Service
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