Corporate | 15 November 2012 09:59

IMMOFINANZ Group concludes one of the biggest logistics leasing transactions of the year in Hungary

IMMOFINANZ AG / Key word(s): Real Estate

15.11.2012 / 09:59

Corporate News | Press Release Vienna, 15 November 2012

IMMOFINANZ Group concludes one of the biggest logistics leasing transactions of the year in Hungary

With Törley Pezsgőpincészet IMMOFINANZ Group has won a long-term lease tenant for its DH Logistik storage building in Dunaharaszti in the south of Budapest. The building is now fully let by Törley. The company has leased 12,500 sqm of warehouse space plus 760 sqm of office and service areas and will move into the building in 2013.

'This recent leasing transaction once more proves the positive performance of our Hungarian logistics portfolio: Considering that the average vacancy rate in the Hungarian logistics market is nearly 21 %, fully let properties such as our Pharma Park in Budapest or the DH logistics center in Dunaharaszti are exceptions. We know that logistics means more than warehouses and lorries and our tenants appreciate this comprehensive approach', commented Eduard Zehetner, CEO of IMMOFINANZ Group. 'We are very pleased that Törley Pezsgőpincészet – a well-established, prestigious Hungarian company with a stable background – decided in favour for our Dunaharaszti logistics storage property and concluded a long-term lease agreement with us.'

IMMOFINANZ Group's logistics portfolio in Hungary comprises five properties with a carrying amount of EUR 64.0 million and total rentable space of 102,056 sqm.

On Törley Pezsgőpincészet
The 'Pezsgőpincészet' founded by József Törley 130 years ago is one of the most important companies in the Hungarian wine industry. The company, which is situated in Budafok, has 300 employees. Nearly 20 million bottles of sparkling wine and 13 million bottles of wine from the company group's brands are delivered to customers' tables each year. The beverages in the Törley Pezsgőpincészet portfolio provide a unique gastronomic experience for customers in more than 30 countries on five continents.

On IMMOFINANZ Group
IMMOFINANZ Group is one of the leading 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 1,820 investment properties with a carrying amount of approx. EUR 10.38 billion. The core business of IMMOFINANZ Group covers the acquisition and 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

For additional information please contact:

MEDIA INQUIRIES

Sandra Bauer
Head of Corporate Communications | Press Spokesperson
IMMOFINANZ Group
T +43 (0)1 88 090 2292
M +43 (0)699 1685 7292
communications@immofinanz.com

INVESTOR RELATIONS

Stefan Schönauer
Head of Corporate Finance & Investor Relations
IMMOFINANZ Group
T +43 (0)1 88 090 2312
M +43 (0)699 1685 7312
investor@immofinanz.com

A-1100 Wien, Wienerbergstrasse 11
www.immofinanz.com

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Language:	English
Company:	IMMOFINANZ AG
	Wienerbergstraße 11
	1100 Wien
	Austria
Phone:	+43 (0) 1 88090 – 2291
Fax:	+43 (0) 1 88090 – 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)

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