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IMMOFINANZ announces the acquisition of 25,690,163 bearer shares and 4 registered shares in CA Immobilien Anlagen AG

IMMOFINANZ AG has agreed to acquire 25,690,163 bearer shares (corresponding to a participation of approximately 26%) in CA Immobilien Anlagen Aktiengesellschaft (“CA Immo”) from Terim Limited (Cyprus) and 4 registered shares in CA Immo from O1 Group Limited (Cyprus). The transaction is subject to conditions precedent, in particular merger control clearance in Austria, Germany and other jurisdictions as well as approval by the supervisory board of IMMOFINANZ AG and approval of the management board of CA Immo for the transfer of the registered shares.

IMMOFINANZ considers Hungary as a promising field for long-term investments

With its nearly EUR 6 billion real estate portfolio – which covers more than 380 properties – in eight core markets in Europe, IMMOFINANZ is a significant player on the market. The Group’s properties in Hungary represent nearly 8% of the company’s total portfolio, including 12 office buildings and 13 retail properties. The company’s Hungarian subsidiary is contributing to the overall success strongly. Viktor Nagy, Country Manager Asset Management Office, IMMOFINANZ Hungary, has been asked to answer a few questions about the company’s successes and plans.

IMMOFINANZ lets more than 8,000 sqm office and logistics space in Budapest

IMMOFINANZ Group has signed several large lease agreements for its Hungarian office and logistic buildings for more than 8,000 sq m. All of the rentals have been concluded for a period of at least three years.
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