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S Immo AG — M&A Activity 2023
Nov 23, 2023
758_iss_2023-11-23_5c767945-4c1d-4974-b546-193d350936fc.pdf
M&A Activity
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News-Service of the pressetext news agency Josefstädter Straße 44, 1080 Vienna, Austria, phone: +43 1 81140-0
Publication: 23.11.2023 14:00 Source: https://www.pressetext.com/news/20231123032 Keywords: acquisition
Public disclosure of inside information according to article 17 MAR
S IMMO AG: S IMMO AG acquires portfolio of CPI Property Group in the Czech Republic
Vienna (pta/23.11.2023/14:00 UTC+1)
The listed company S IMMO AG today signed a contract for the acquisition of a portfolio totalling 11 properties from Czech Property Investments, a.s. ("CPI AS"), a subsidiary of CPI Property Group S.A., in the Czech Republic. The purchase comprises seven office properties, three commercial properties and a plot of land with a total lettable area of around 138,000 m², a property value of around EUR 481m and annual rental income of around EUR 29m.
The transaction involves CPI Property Group S.A., which is a related party of S IMMO AG within the meaning of section 95a (2) of the Austrian Stock Corporation Act (AktG). Further information on the transaction is available on the company's website at https://www.simmoag.at/fileadmin/redakteur/Investor\_Relations/Corporate\_Governance/Related-Party-Transaction-2023-11-EN.pdf.
| S IMMO AG Wienerbergstraße 9 / 7. Stock 1100 Wien Austria |
|---|
| Elisabeth Wagerer |
| +43 1 22795-1120 |
| [email protected] |
| www.simmoag.at |
| AT0000652250 (Share) |
| Vienna Stock Exchange (Official Trade) |
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