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S Immo AG Management Reports 2023

Sep 14, 2023

758_iss_2023-09-14_b2e9295a-36e5-410e-8c99-647e0325bb0f.pdf

Management Reports

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News-Service of the pressetext news agency Josefstädter Straße 44, 1080 Vienna, Austria, phone: +43 1 81140-0

Publication: 14.09.2023 18:00 Source: https://www.pressetext.com/news/20230914022 Keywords: strategic management decision / strategy

Public disclosure of inside information according to article 17 MAR

S IMMO AG: Strategy update

Vienna (pta/14.09.2023/18:00 UTC+2)

Today, the Management Board and Supervisory Board of S IMMO AG have adjusted the portfolio strategy. The Czech Republic will be established as an additional core market with a corresponding investment focus. Against the background of the recent increase in the share of office properties in the overall portfolio, investments in the retail segment in stable markets and established locations are hereafter also to be evaluated more closely in order to maintain a diversified portfolio. In this context, the Management Board of S IMMO AG will also examine the purchase of office and retail properties (portfolios) from CPI Property Group in the Czech Republic.

Emitter: S IMMO AG
Wienerbergstraße 9 / 7. Stock
1100 Wien
Austria
Contact Person: Elisabeth Wagerer
Phone: +43 1 22795-1120
E-Mail: [email protected]
Website: www.simmoag.at
ISIN(s): AT0000652250 (Share)
Stock Exchange(s): Vienna Stock Exchange (Official Trade)

News transmitted by pressetext. The emitter is responsible for the content.