EANS-Adhoc: S IMMO AG S IMMO intends to sell part of its German residential
portfolio
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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.
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Strategic management decisions
03.06.2016
S IMMO intends to sell part of its German residential portfolio
The Management Board and Supervisory Board of S IMMO AG have today decided in
principle to sell part of the German residential portfolio of S IMMO Group by
means of a structured sales process with a selected group of prospective
purchasers. The portfolio intended to be sold consists of properties in Berlin
and Hamburg with approximately 1,500 units, accounting for slightly more than
20% of S IMMO's portfolio in Germany. The company expects a positive
contribution to earnings as a result of the intended sale.
Further inquiry note:
Investor Relations:
Andreas J. Feuerstein
Tel.: +43(0)50 100-27556
Fax: +43(0)50 100 9-27556
E-Mail: andreas.feuerstein@simmoag.atwww.simmoag.at
Corporate Communications:
Elisabeth Wagerer
Tel.: +43(0)50 100-27867
Fax: +43(0)50 100 9-27867
E-Mail: Elisabeth.Wagerer@simmoag.atwww.simmoag.at
end of announcement euro adhoc
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issuer: S IMMO AG
Friedrichstraße 10
A-1010 Wien
phone: +43(0)50100-27550
FAX: +43(0)050100-927559
mail: office@simmoag.at
WWW: www.simmoag.at
sector: Real Estate
ISIN: AT0000652250
indexes: ATX Prime, IATX
stockmarkets: official market: Wien
language: English
company: S IMMO AG Friedrichstraße 10 A-1010 Wien phone: +43(0)50100-27550 FAX: +43(0)050100-927559 mail: office@simmoag.at WWW: www.simmoag.at sector: Real Estate ISIN: AT0000652250 indexes: ATX Prime, IATX stockmarkets: official market: Wien language: English ...
issuer: S IMMO AG Friedrichstraße 10 A-1010 Wien phone: +43(0)50100-27550 FAX: +43(0)050100-927559 mail: office@simmoag.at WWW: www.simmoag.at sector: Real Estate ISIN: AT0000652250 indexes: ATX Prime, IATX stockmarkets: official market: Wien language: English ...
company: S IMMO AG Friedrichstraße 10 A-1010 Wien phone: +43(0)50100-27550 FAX: +43(0)050100-927559 mail: office@simmoag.at WWW: www.simmoag.at sector: Real Estate ISIN: AT0000652250 indexes: ATX Prime, IATX stockmarkets: official market: Wien language: English ...