AI assistant
S Immo AG — M&A Activity 2009
Nov 12, 2009
758_iss_2009-11-12_6cc60c74-6a41-40f4-bcad-6641e2af0e19.pdf
M&A Activity
Open in viewerOpens in your device viewer
EANS-Adhoc: Sparkassen Immobilien AG / sale of Gemini office building in Prague to Deka Immobilien
ad-hoc disclosure transmitted by euro adhoc with the aim of a Europe-wide distribution. The issuer is solely responsible for the content of this announcement.
Ad hoc information Vienna, 12 November 2009
Sparkassen Immobilien AG: sale of Gemini office building in Prague to Deka Immobilien
Stock exchange listed Sparkassen Immobilien AG (Bloomberg: SPI:AV, Reuters: SIAG.VI) has announced the sale of Gemini - a commercial and office building in Prague´s Fourth District, Pankrác - to Deka Immobilien GmbH.
The building, which was completed last year, is a modern property with approximately 40,000 m² of lettable space and an underground garage with 430 parking spaces. It is situated close the centre of Prague in one of the best established office property locations in the Czech Republic´s capital.
Gemini is currently let to 29 Czech and international companies - the three largest of which are Hill´s Pet, Unipetrol and Novartis. The property has been bought by Deka Immobilien GmbH for Deka-Immobilien Europa, a public investment fund with a portfolio valued at more than EUR 10 billion. On full occupancy the purchase price amounts to some EUR 110 million.
Further inquiry note: Investor Relations: Rebecca Reichmann Tel.: +43(0)50100-27402 Fax: +43(0)05100-927402 mailto:[email protected] wwww.sparkassenimmobilienag.at
Corporate Communications: Bosko Skoko Tel.: +43(0)50100-27522 Fax: +43(0)05100-927522 mailto:[email protected] wwww.sparkassenimmobilienag.at
issuer: Sparkassen Immobilien AG Friedrichstraße 10 A-1010 Wien phone: +43(0)50100-27550 FAX: +43(0)050100-927559 mail: [email protected] WWW: www.sparkassenimmobilienag.at sector: Real Estate ISIN: AT0000652250 indexes: ATX Prime, Immobilien-ATX stockmarkets: official market: Wien language: English
Aussendung übermittelt durch euro adhoc The European Investor Relations Service