• Rental income: € 127.5 m (up 54 %)
• EBIT up by a considerable 53.0 % to € 112.4 m
• Net income after minorities at € 14.4 m (€ 4.2 m in 2010)
• NAV/share up 2.1 % to € 19.09, NNNAV/share up 4.6 % to € 19.83
• Letting of an additional 4,500 sqm at Tower 185 in Frankfurt

Vienna, 24.08.2011. The figures for the first half of 2011 have been influenced by the inclusion of Europolis in the consolidated entity of the CA Immo Group. According to Dr. Bruno Ettenauer, Chief Executive Officer of CA Immobilien Anlagen AG, “In spite of the volatile climate that prevails, the acquisition of Europolis early in the year has enabled the CA Immo Group to increase its earnings for the first six months considerably. In the second half of the year, the emphasis will be on concluding additional real estate sales in Germany and Eastern Europe. We therefore look forward to a strong second-half showing for the CA Immo Group despite the challenging conditions.”

Significant rise in earnings
Compared to the first six months of last year, rental income for the CA Immo Group rose by 54.1 % to € 127.5 m. Net operating income was up 28.5 % to € 106.1 m. This figure includes a contribution to earnings from the sale of properties intended for trading of € 1.6 m (against € 14.5 m in 2010). Sales of investment properties completed in the first half of 2011 produced revenue of € 35.7 m and earnings of € -1.4 m. As in the previous year, most sales are likely to be reflected on the balance sheet in the third and (especially) fourth quarters of 2011. On the basis of sales already finalised and in view of progress in ongoing negotiations, the Management Board of CA Immo is confident that sales will deliver a major contribution to earnings in the second half of 2011, and that the annual sales target of around € 300-350 m will be reached.

There was a 26.0 % increase in EBITDA to € 88.5 m in the first six months of 2011. The incorporation of Europolis, which is active exclusively in Eastern and South Eastern Europe, into the consolidated entity also significantly shifted the balance in the contributions to total earnings of the various regional segments. The relative contribution of the Eastern and South Eastern Europe segment to Group EBITDA was double that of the first half of last year at around 58 %; Germany accounted for 28 % and Austria was responsible for 14 %.

Thanks largely to upward valuations on project sites in Germany, the revaluation result stood at
€ 26.4 m, compared to € 3.5 m in 2010. Accordingly, earnings before interest and taxes (EBIT) also rose sharply, from € 73.5 m to € 112.4 m.

The change in the financial result from € -63.6 m last year to € -74.9 m is essentially caused by the rise in financing costs from € -57.9 m to € -80.0 m linked to the incorporation of Europolis. This increase was, however, counterbalanced by a positive result from the valuation of interest-rate hedges in the amount of € 3.6 m (€ -13.9 m in 2010). This result stood at € 9.5 m at the end of quarter one of 2011; however, a reclassification of interest rate swaps for which value changes had been entered in shareholders’ equity in previous periods took place in quarter two, thus producing a negative effect.
Following on from a result of € 4.2 m last year, consolidated net income after minorities rose to
€ 14.4 m.

CA Immo's equity ratio fell as expected to 31.0 % as a consequence of the consolidation of Europolis. The Group's net gearing was € 2.8 bn as at 30 June 2011, with property assets worth around € 5.2 bn.

Net asset value per share was € 19.09 as at 30 June 2011, some 2.1 % above the value at the end of last year; NNNAV per share, for which deferred taxes are neutralised, increased by 4.6 % to € 19.83.

Another lease contract agreed for Tower 185 in Frankfurt
Another high-profile tenant has been secured for the office high rise Tower 185 in Frankfurt, CA Immo's largest development project at present: the globally active law firm Mayer Brown LLP. The 4,500 sqm or so of floor space let to Mayer Brown for a period of 11 years brings the pre-letting level to approximately 73 %. Construction work on the high rise is proceeding according to plan, with completion scheduled for the end of the year.

The interim report for CA Immobilien Anlagen AG as at 30 June 2011 is published on the company's web site (www.caimmoag.com).

Please address any questions to:
CA Immobilien Anlagen AG
Florian Nowotny (Investor Relations)
Susanne Steinböck (Corporate Communications)
Tel.: +43 (0)1532 5907
Fax: +43 (0)1532 590 7595
Email: presse@caimmoag.com
www.caimmoag.com