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EQS-News: IMMOFINANZ AG / Key word(s): Real Estate/Disposal
IMMOFINANZ sells office properties in Warsaw
2024-06-13 / 13:54 CET/CEST
The issuer is solely responsible for the content of this announcement.
IMMOFINANZ sells office properties in Warsaw

IMMOFINANZ is selling an office property complex in Warsaw to a Polish real estate investor, thus taking another step
in its strategic portfolio optimisation.

IMMOFINANZ has successfully completed the sale of three office buildings in Warsaw to the Polish ECHO Investment Group.
The transaction price amounts to EUR 28.5 million. Located in Warsaw's Mokotów Business District, the office complex
has approximately 43,000 sqm of usable space. The sale is in line with the portfolio optimisation strategy of
IMMOFINANZ and was carried out at approximately carrying amount.
"We are pleased about the successful sale as part of our portfolio optimisation programme and will reinvest the
released liquidity in the value-creating expansion of our innovative office and retail solutions," says Radka Doehring,
member of the IMMOFINANZ Executive Board.

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 500 properties with a combined value of
approximately EUR 8.1 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
Investor Relations and Corporate Communications
T +43 (0)1 88 090 2291
M +43 (0)699 1685 7291
communications@immofinanz.com
investor@immofinanz.com
IMMOFINANZ
1100 Vienna, Wienerbergstraße 9, Austria

www.immofinanz.com  
2024-06-13 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, Tradegate Exchange; Warschau, Vienna 

Stock Exchange (Official Market)
EQS News ID: 1924725

End of News EQS News Service
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1924725 2024-06-13 CET/CEST

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END) Dow Jones Newswires

June 13, 2024 07:55 ET (11:55 GMT)