EQS-News: IMMOFINANZ AG: IMMOFINANZ successfully closes the sale of properties on the Wienerberg

EQS-News: IMMOFINANZ AG / Key word(s): Real Estate/Disposal
IMMOFINANZ AG: IMMOFINANZ successfully closes the sale of properties on
the Wienerberg

25.10.2023 / 17:24 CET/CEST
The issuer is solely responsible for the content of this announcement.

══════════════════════════════════════════════════════════════════════════

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
Mechura, 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:
[1] https://www.immofinanz.com

 

For additional information contact:

Simone Korbelius
Investor Relations and Corporate Communications
T +43 (0)1 88 090 2291
M +43 (0)699 1685 7291
[2]communications@immofinanz.com
[3]investor@immofinanz.com IMMOFINANZ
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

1757425  25.10.2023 CET/CEST

References

Visible links
1. https://eqs-cockpit.com/cgi-bin/fncls.ssp?fn=redirect&url=80e0770945341ce94336a25dcef56fde&application_id=1757425&site_id=apa_ots_austria&application_name=news
2. communications@immofinanz.com
3. investor@immofinanz.com

OTS-ORIGINALTEXT PRESSEAUSSENDUNG UNTER AUSSCHLIESSLICHER INHALTLICHER VERANTWORTUNG DES AUSSENDERS. www.ots.at
© Copyright APA-OTS Originaltext-Service GmbH und der jeweilige Aussender