IMMOFINANZ AG (FRA:IMO) EQS-News: IMMOFINANZ AG: IMMOFINANZ successfully closes the sale of properties on the Wienerberg
Transparency directive : regulatory news
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EQS-News: IMMOFINANZ AG
/ Key word(s): Real Estate/Disposal
IMMOFINANZ successfully closes the sale of properties on the Wienerberg IMMOFINANZ has successfully sold further properties on the Wienerberg in Vienna to S IMMO. This portfolio covers five office properties and a hotel tower with approximately 81,000 sqm of gross lettable area. „This sale reflects our focused portfolio strategy and shows that we are continuing to utilise synergies together with S IMMO to improve efficiency and increase profitability for all our stakeholders", commented Pavel Měchura, member of the IMMOFINANZ Executive Board. Management and leasing of these properties, most of which are operated under the innovative myhive brand, will continue to be carried out by IMMOFINANZ.
On IMMOFINANZ IMMOFINANZ is a commercial real estate group whose activities are focused on the office and retail segments of eight core markets in Europe: Austria, Germany, Poland, Czech Republic, Slovakia, Hungary, Romania and the Adriatic region. The core business covers the management and development of properties, whereby IMMOFINANZ relies on its established real estate brands – STOP SHOP (retail), VIVO! (retail) and myhive (office) – and also on complementary products and portfolios that include S IMMO. IMMOFINANZ increased its investment in S IMMO to 50% plus one share at the end of 2022 and now consolidates this company in full. IMMOFINANZ Group holds roughly 520 properties with a combined value of approximately EUR 7.8 billion. IMMOFINANZ is listed on the stock exchanges in Vienna (leading ATX index) and Warsaw. Further information under: https://www.immofinanz.com
For additional information contact: Simone Korbelius 1100 Vienna, Wienerbergstraße 9, Austria www.immofinanz.com
25.10.2023 CET/CEST This Corporate News was distributed by EQS Group AG. www.eqs.com |
| Language: | English |
| Company: | IMMOFINANZ AG |
| Wienerbergstraße 9 | |
| 1100 Vienna | |
| Austria | |
| Phone: | +43 (0) 1 88090 - 2291 |
| Fax: | +43 1 88090 - 8291 |
| E-mail: | investor@immofinanz.com |
| Internet: | http://www.immofinanz.com |
| ISIN: | AT0000A21KS2 |
| WKN: | A2JN9W |
| Listed: | Regulated Unofficial Market in Berlin, Frankfurt, Munich, Stuttgart; Warschau, Vienna Stock Exchange (Official Market) |
| EQS News ID: | 1757425 |
| End of News | EQS News Service |
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1757425 25.10.2023 CET/CEST