The management board also decided to mandate J.P. Morgan and Ithuba Capital as financial advisors for the potential merger with Immofinanz. Frank Nickel, CEO of CA Immo: “We are well prepared for negotiations. In the interest of our shareholders we will carefully evaluate the advantages and disadvantages of a potential merger with Immofinanz. We see a fair and transparent process as a key element to provide our shareholders with a well founded basis for their decision in a future shareholders meeting whereas a 75% approval will be necessary.“