POLISH FINANCIAL SUPERVISION AUTHORITY
UNI - EN REPORT No46/2009
Date of issue:2009-10-14
Short name of the issuer
IMMOEAST AG
Subject
IMMOEAST AG re-lets 40,000 sqm in Hungary
Official market - legal basis
Art. 56 ust. 1 pkt 2 Ustawy o ofercie - informacje bie¿¹ce i okresowe
Unofficial market - legal basis
Contents of the report:
IMMOEAST AG re-lets 40,000 sqm in Hungary: International tenants extend their lease contracts in Euro Business Park in Budapest IMMOEAST AG was able to extend existing lease contracts of approximately 40,000 sqm in the Euro Business Park in Budapest. The lease conditions are at market standard, the average maturity is 5 years. The Euro Business Park is situated in the west of Budapest and has direct access to the highway. “The excellent locations and the high quality of our portfolio show that we can satisfy the needs of international tenants including General Motors, BAYER and Cemelog despite difficult market conditions, and that they are willing to renew their contracts“, Dr. Eduard Zehetner, CEO of IMMOFINANZ group, said. "These extended lease contracts ensure a stable cash-flow for IMMOEAST“, he continues. Further questions: Investor Relations & Corporate Communications: Mag. Margit Hermentin IMMOFINANZ AG & IMMOEAST AG T +43 (0)5 7111-2290 [email protected] Press Coordination: Mag. Christoph Edelmann ACCEDO Austria GmbH T +43 (0)1 533 87 00 [email protected]
Annexes
FileDescription
IMMOEAST AG
(fullname of the issuer)
IMMOEAST AGBudownictwo (bud)
(short name of the issuer)(sector according to clasification of the WSE in Warsow)
1120Wien
(post code)(city)
Gaudenzdorfer Gurtel67
(street)(number)
0043 5 71110043 5 7111-8888
(phone number)(fax)
www.immoeast.at
(e-mail)(web site)
(NIP)(REGON)
SIGNATURE OF PERSONS REPRESENTING THE COMPANY
DateNamePosition / FunctionSignature
2009-10-14Edgar Rosenmayr Eduard ZehetnerManaging Director Managing Director