Corporate | 29 November 2011 13:39
IMMOFINANZ AG / Key word(s): Real Estate
29.11.2011 / 13:39
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In a club deal, Helaba and pbb Deutsche Pfandbriefbank are providing a EUR
210 million refinancing and development facility to IMMOFINANZ Group for
the prime shopping center Silesia City Center in Katowice, Poland. Both
banks acted as joint Mandated Lead Arrangers, and Helaba as Agent, on this
transaction.
The Silesia City Center, acquired by IMMOFINANZ Group in 2005 and
refinanced by Helaba in 2008, is the largest and most modern shopping mall
in Upper Silesia. Located in Katowice, the dynamic hub of the region, the
shopping mall started with 66,000 m2 of rentable space providing room for
250 retail outlets. Due to Silesia's success and increasing interest by
national and international retailers, the center was extended by 20,000 m²
with an additional 60 stores let to high quality retailers such as Van
Graaf, H&M, Smyk Megastore, Stradivarius, Massimo Dutti and KappAhl. The
extension was opened in October 2011 and saw over 300,000 visitors within
the first week.
Helaba, pbb Deutsche Pfandbriefbank and IMMOFINANZ Group see this as a
landmark transaction in the current CEE real estate financing market. 'The
deal proves that, despite the difficult market conditions, financing
agreements for first-class properties such as the Silesia City Center can
still be successfully completed. We greatly appreciate the highly
professional cooperation with the two financing banks and look forward to
continuing our trustful partnership', explained Eduard Zehetner, Chief
Executive Officer of IMMOFINANZ Group.
On IMMOFINANZ Group
IMMOFINANZ Group is one of the five largest listed property companies in
Europe and is included in the leading ATX index of the Vienna Stock
Exchange. Since its founding in 1990, the company has compiled a
high-quality property portfolio that now comprises more than 1,600 standing
investment properties with a carrying amount of approx.
EUR 8.4 billion. The core business of the IMMOFINANZ Group covers the
acquisition and the active management of investment properties, the
realisation of development projects and the sale of objects. IMMOFINANZ
Group concentrates its activities in the retail, office, logistics and
residential segments of eight regional core markets: Austria, Germany,
Czech Republic, Slovakia, Hungary, Romania, Poland and Russia. Further
information under www.immofinanz.com.
On Helaba Landesbank Hessen-Thüringen
Helaba is a German Landesbank headquartered in Frankfurt and Erfurt and at
important financial centres worldwide. As a balance-sheet lender focussed
on relationships and long-term strategy, Real Estate has always been a core
activity for the bank. Since Helaba started business in Central Europe in
2006, Real Estate financings focus on acquisition financings and structured
financings for international investors and funds in Poland, the Czech
Republic and Slovakia. www.helaba.com.
On pbb Deutsche Pfandbriefbank
pbb Deutsche Pfandbriefbank is a leading European specialist bank for real
estate finance and public investment finance. The main funding instrument
is the German Pfandbrief, of which the Bank is one of the largest issuers
in the market. pbb Deutsche Pfandbriefbank is active in markets in Germany
and other European countries.
www.pfandbriefbank.com.
For additional information contact:
IMMOFINANZ Group
MEDIA INQUIRIES
Sandra Bauer
Head of Corporate Communications | Press Spokesperson
M +43 (0)699 1685 7292
communications@immofinanz.com
INVESTOR RELATIONS
Simone Korbelius
Investor Relations
IMMOFINANZ AG
T +43 (0)5 7111 2291
investor@immofinanz.com
A-1100 Wien, Wienerbergstraße 11
www.immofinanz.com
Helaba Landesbank Hessen-Thüringen
Wolfgang Kuß
Head of Press & Communications | Press Spokesperson
T +49 69 9132 2877
wolfgang.kuss@helaba.de
Michael Kröger
Head of International Real Estate Finance
T +49 69 9132 4482
michael.kroeger@helaba.de
pbb Deutsche Pfandbriefbank
Walter Allwicher
Head of Communications
T+49 89 2880-28787
walter.allwicher@pfandbriefbank.com
Oliver Gruß
Head of Corporate Communications I Press Spokesperson
T +49 89 2880-28781
oliver.gruss@pfandbriefbank.com
End of Corporate News
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Language: English
Company: IMMOFINANZ AG
Wienerbergstraße 11
1100 Wien
Austria
Phone: +43 (0) 5 7111 - 2291
Fax: +43 (0) 5 7111 - 8291
E-mail: investor@immofinanz.com
Internet: http://www.immofinanz.com
ISIN: AT0000809058
WKN: 911064
Listed: Freiverkehr in Berlin, München, Stuttgart; Open Market in
Frankfurt; Wien (Amtlicher Handel / Official Market)
End of News DGAP News-Service
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147965 29.11.2011