CA Immobilien Anlagen AG ('CA Immo') has successfully disposed of its 4,483,453 shares in IMMOFINANZ AG ('IMMOFINANZ') representing approximately 4.0% of IMMOFINANZ' issued share capital by way of an accelerated book building offering to institutional investors. The aggregate value of the remaining stake was approximately EUR 111 million. The investment generated a total return on investment of approximately EUR 19 million, which translates into approximately 15% on the total investment volume of approximately EUR 130 million. The proceeds of this non-strategic divestment will be reinvested into the company's core business of investing, developing, and managing high-quality real estate in the gateway cities of Germany, Austria and CEE.

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CA Immobilien Anlagen AG published this content on 08 November 2019 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 08 November 2019 13:39:04 UTC