IC Immobilien Holding AG
IC Immobilien Holding AG: IC Immobilien Gruppe Assumes Property Management for Habona Fund 01
IC Immobilien Holding AG / Key word(s): Agreement/Alliance 21.04.2011 / 14:55 Unterschleissheim near Munich, April 21, 2011 - IC PropertyOne Asset & Real Estate Management GmbH, an IC Immobilien Gruppe member company, has taken over the property management for the current and future assets held by the 'Habona Deutsche Einzelhandelsimmobilien Fonds 01' German retail real estate investment fund. The property managers of IC will thus be in charge of all technical and commercial management tasks beginning with the fund's four big boxes, located in Schweinfurt, Offenbach/Pfalz, Satrup and Kropp in Germany. The big box portfolio combines currently a gross lettable area of around 5,000 square metres and a total of 5 tenants. 'We are very much looking forward to showcasing our competence in the property management segment in our collaboration with Habona,' said Oliver Priggemeyer, Member of the Board of IC Immobilien Holding AG, as he commented on the collaboration. Johannes Palla, Managing Partner of Habona, had this to say about the cooperation between the two companies: 'We have won a strategic key partner in IC. This will enable us to achieve an optimal rate of return for the properties we manage.' About IC Immobilien Gruppe: IC Immobilien Group focuses on real estate services for German and international institutional investors. In addition, it assumes management tasks both for real estate funds launched in its own right and for third parties. At the moment, IC Immobilien Gruppe has approx. 8.5 billion Euros in investment assets under management. The group maintains a staff of about 200 professionals, deployed at eight locations throughout Germany and at one office in North America. IC Immobilien Group manages a total of more than 20,000 private and institutional investors. End of Corporate News --------------------------------------------------------------------- 21.04.2011 Dissemination of a Corporate News, transmitted by DGAP - a company of EquityStory AG. The issuer is solely responsible for the content of this announcement. DGAP's Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de --------------------------------------------------------------------- Language: English Company: IC Immobilien Holding AG Ohmstraße 4 85716 Unterschleißheim Deutschland Phone: +49 (0)89 / 55227-362 Fax: +49 (0)89 / 55227-355 E-mail: stephan.holeczek@ic-group.de Internet: www.ic-group.de ISIN: DE0005632160 WKN: 563216 Listed: Freiverkehr in Berlin, Hamburg, München, Stuttgart; Open Market in Frankfurt End of News DGAP News-Service --------------------------------------------------------------------- 121177 21.04.2011
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