News


Ad-hoc report 9 March 2009

CA Immobilien Anlagen AG: Office building in Munich successfully sold – financing amounting to € 254 m secured for development project in Frankfurt

Despite the generally unfavourable conditions on the property markets negotiations for the sale of ATMOS office building in Munich, which was completed in January 2009 by CA Immo subsidiary Vivico have been finalised with Union Investment Real Estate AG for a purchase price of more than € 100 m.

Decisive progress has also been achieved in what is currently the Group’s most strategically relevant development project: loan financing has been approved for the planned € 450 m project Tower185 in Frankfurt. A banking consortium led by Eurohypo AG is to provide a loan volume of € 254 m to fund construction of the building, which is already 60% pre-let even before building work commences. In addition to Eurohypo, the banking consortium is made up of DG HYP, DEUTSCHE HYPO and RZB.


Please address any queries to:
CA Immobilien Anlagen AG
Investor Relations
Florian Nowotny
Claudia Hainz
Tel.: +43/1/532 59 07-593
eMail: ir@caimmoag.comir@caimmoag.com
www.caimmoag.com


Monday, 09. March 2009 08:00