M&A Activity • Dec 20, 2013
M&A Activity
Open in ViewerOpens in native device viewer
publication: 20.12.2013 19:20 source: http://adhoc.pressetext.com/news/1387563600706 keywords: sale / CA Immo / CA Immobilien Anlagen AG / Lipowy
Adhoc announcement according to article 48d section 1 BörseG
Vienna (pta023/20.12.2013/19:20) - CA Immobilien Anlagen AG has taken a further successful step in the context of the strategic focusing of its portfolio: the contract for the sale of the Warsaw office building, Lipowy Office Park, has been signed. Kimberley sp. z o.o. a special purpose vehicle belonging to a US-listed REIT, is taking over the property for a purchase price of around Eur 108 m. The office building has a gross floor area above ground of about 40,000 sqm and the entire property is the subject of a longterm lease to Bank Pekao S.A. The four buildings arranged around an inner courtyard were completed in 2009 and have been owned since that time by Europolis AG, which was taken over by CA Immo in early 2011. The transaction is expected to be closed in the first quarter of 2014. The real estate consulting company, Colliers International, and Allen & Overy, solicitors, acted as advisors to the vendor.
Bruno Ettenauer, CEO of CA Immo: "Following the recently established takeover of the AXA portfolio shares in Warsaw, we are now taking the next step to balance out our asset portfolio in Warsaw. In addition, the successful sale of Lipowy Office Park is also evidence that we are able to sell properties at attractive prices and above book value in Eastern Europe as well."
Susanne Steinböck Tel.: +43 (0)1 532 59 07-533 e-mail: [email protected] www.caimmo.com
| emitter: | CA Immobilien Anlagen AG Mechelgasse 1 1030 Wien Austria |
|---|---|
| contact person: | Mag. Christoph Thurnberger |
| phone: | (+431) 532 59 07 504 |
| e-mail: | [email protected] |
| website: | www.caimmo.com |
| ISIN(s): | AT0000641352 (share) |
| stock exchanges: | official trade in Vienna |
News transmitted by pressetext.adhoc. The emitter is responsible for the content.
Building tools?
Free accounts include 100 API calls/year for testing.
Have a question? We'll get back to you promptly.