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IMMOFINANZ and CA Immo announce the commencement of a process to combine the two companies

Earlier today, IMMOFINANZ AG (“IMMOFINANZ”) announced that it has entered into an agreement to acquire 25,690,167 ordinary shares that represent ca. 26% of the outstanding share capital and voting rights in CA Immobilien Anlagen Aktiengesellschaft (“CA Immo”) from O1 Group Limited and Terim Limited.

IMMOFINANZ announces the acquisition of 25,690,163 bearer shares and 4 registered shares in CA Immobilien Anlagen AG

IMMOFINANZ AG has agreed to acquire 25,690,163 bearer shares (corresponding to a participation of approximately 26%) in CA Immobilien Anlagen Aktiengesellschaft (“CA Immo”) from Terim Limited (Cyprus) and 4 registered shares in CA Immo from O1 Group Limited (Cyprus). The transaction is subject to conditions precedent, in particular merger control clearance in Austria, Germany and other jurisdictions as well as approval by the supervisory board of IMMOFINANZ AG and approval of the management board of CA Immo for the transfer of the registered shares.

IMMOFINANZ lets more than 8,000 sqm office and logistics space in Budapest

IMMOFINANZ Group has signed several large lease agreements for its Hungarian office and logistic buildings for more than 8,000 sq m. All of the rentals have been concluded for a period of at least three years.