PRESS RELEASE : IMMOFINANZ AG: IMMOFINANZ closes successful sale of four office buildings in Warsaw

DGAP-News: IMMOFINANZ AG / Key word(s): Real Estate/Disposal 
IMMOFINANZ AG: IMMOFINANZ closes successful sale of four office buildings in Warsaw 
2021-04-08 / 17:21 
The issuer is solely responsible for the content of this announcement. 
=---------------------------------------------------------------------------------------------------------------------- 
IMMOFINANZ closes successful sale of four office buildings in Warsaw 
IMMOFINANZ, in line with its strategy, has sold four office buildings in Warsaw to the Indotek Group, a leading 
Hungarian real estate firm. The buildings have total rental space of approximately 45,300 sqm. The sales price amounts 
to EUR 72.5 million and the transaction closed today. 
"Following the acquisition of our Warsaw Spire myhive landmark, the process of focusing our Warsaw standing investment 
office portfolio on our innovative myhive office brand is at an advanced stage. The transaction with the Indotek Group 
was signed before the outbreak of the Covid-19 pandemic - we are pleased to have now successfully finalised the sale", 
stated Dietmar Reindl, COO of IMMOFINANZ. 
The office properties sold are located in the Warsaw districts of Mokotow, Ochota as well as Wlochy and had an average 
occupancy rate of 80% at the end of December 2020. 
Throughout the process IMMOFINANZ was represented by Penteris Law Firm in Warsaw, the buyer by Greenberg Traurig. 
On IMMOFINANZ 
IMMOFINANZ is a commercial real estate group whose activities are focused on the office and retail segments of seven 
core markets in Europe: Austria, Germany, Poland, Czech Republic, Slovakia, Hungary and Romania. The core business 
covers the management and development of properties, with a strong focus on the STOP SHOP (retail), VIVO! (retail) and 
myhive (office) brands, which stand for a commitment to quality and service. The company has a real estate portfolio of 
approximately EUR 4.9 billion covering around 210 properties. The company is listed on the stock exchanges in Vienna 
(leading ATX index) and Warsaw. Further information under: Http://www.immofinanz.com 
About Indotek Group 
Indotek Group is one of the leading investment managers in Hungary and in the CEE region. The main activity of the 
Hungarian American owned company is to invest assets under management primarily in real estate and non-performing 
corporate loans secured by real estate. The core of the company's activities is calculated and professionally managed 
risk-taking, as well as long-term thinking, which together enable the company to achieve outstanding returns. The 
company, which employs about 330 people, owns more than 300 properties. The total size of buildable and leasable real 
estate exceeds 1.7 million square meters, which accommodate more than 3,500 tenants. Indotek Group's real estate 
portfolio includes, among others, more than 30 office buildings, more than 20 shopping centres and several industrial 
and logistic halls. The company is also present in the Hotel industry, and residential real estate market. 
Further information under: https://www.indotek.hu/en/ 
For additional information please contact: 
Bettina Schragl 
Head of Corporate Communications and Investor Relations 
T [phone] 
M [phone] 
[e-mail] 
[e-mail] 
IMMOFINANZ 
1100 Vienna, Wienerbergstraße 9, Austria 
www.immofinanz.com 
=---------------------------------------------------------------------------------------------------------------------- 
2021-04-08 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. 
The issuer is solely responsible for the content of this announcement. 
The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. 
Archive at www.dgap.de 
=---------------------------------------------------------------------------------------------------------------------- 
Language:     English 
Company:      IMMOFINANZ AG 
              Wienerbergstraße 9 
              1100 Vienna 
              Austria 
Phone:        [phone] - 2290 
Fax:          [phone] - 8290 
E-mail:       [e-mail] 
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:  1182615 
 
End of News   DGAP News Service 
=------------ 

1182615 2021-04-08

(END) Dow Jones Newswires

April 08, 2021 11:22 ET (15:22 GMT)