IMMOEAST AG
IMMOEAST AG: Further new long-term leasing contracts also in Austria
IMMOEAST AG / Miscellaneous Release of a Corporate News, transmitted by DGAP - a company of EquityStory AG. The issuer / publisher is solely responsible for the content of this announcement. ---------------------------------------------------------------------- June 16 2009 IMMOEAST AG: Further new long-term leasing contracts also in Austria After the sucessful signing of leasing contracts in Warsaw, Budapest, Prague, Bukarest and Bratislava, IMMOEAST AG was able to contract new tenants also in Austria. Especially the segments Office and Retail with more than 50,000 m² in total add to the sustainable safeguarding of the company's cash-flow over the next years. The new lease contracts have an average maturity of 5.5 years and are inflation-indexed. 'The demand on modern spaces especially in the office market is still high. IMMOFINANZ group owns an exellent portfolio in Western and Eastern Europe which remains even in economical difficult times stable in value. Especially the Austrian market is very attractive due to its stability in times of crisis and its geographical position, not only for national and international tenants but also for investors. This has a positive impact on the demand and prices', Dr. Eduard Zehetner, CEO of IMMOEAST AG and IMMOFINANZ AG, pointed out. Contact: Margit Hermentin Head of Investor Relations IMMOFINANZ & IMMOEAST AG A-1120 Wien, Gaudenzdorfer Gürtel 67 Tel.: + 43/1/532 06 39 - 0 Fax: +43/1/532 06 39-790 e-mail: m.hermentin@immofinanz.com m.hermentin@immoeast.com www.immofinanz.com www.immoeast.com 16.06.2009 Financial News transmitted by DGAP ---------------------------------------------------------------------- Language: English Issuer: IMMOEAST AG Gaudenzdorfer Gürtel 67 1120 Wien Österreich Phone: 0043 1 536 16-419 Fax: 0043 1 536 16-491 E-mail: investor@immoeast.com Internet: http://www.immoeast.at ISIN: AT0000642806 WKN: A0BLUL Listed: Freiverkehr in Berlin, München, Stuttgart; Open Market in Frankfurt; Foreign Exchange(s) Wien End of News DGAP News-Service ---------------------------------------------------------------------------
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