Corporate | 4 December 2012 11:42
IMMOFINANZ AG / Key word(s): Real Estate
04.12.2012 / 11:42
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IMMOFINANZ Group recently signed contracts to extend three leases in the
Atrium Park, one of its showcase office properties in Budapest. Three major
tenants decided in favour of extending their leases - in part with an
increase in space - and will occupy approx. 18,000 sqm in the Atrium Park
up to the middle or the end of 2017, respectively.
'The full integration of asset management into our company was the right
step: we are now even closer to our tenants and can meet their individual
needs much better. This improved service is highly valued by our tenants
and strengthens their trust. These three lease extensions in the currently
difficult Hungarian market prove that our decision was right', indicated
Eduard Zehetner, CEO of IMMOFINANZ Group.
The Atrium Park is located in the 13th district on Váci Road near the Árpád
Bridge, only five minutes from the center of Budapest. The office building
is characterised by high functionality and provides a modern, pleasant
working atmosphere over 38,000 sqm. Tenants also benefit from an efficient
on-site infrastructure: Retail shops, a restaurant and a cafeteria are
located on the ground floor. A garden in the interior courtyard creates a
green rest area in the heart of the city with ponds, arcades and
promenades. An added convenience for tenants is the generous parking in an
underground garage.
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 AND INVESTOR RELATIONS
Stefan Schönauer
Head of Corporate Finance & Investor Relations
Interim Head of Corporate Communications | Press Spokesperson
IMMOFINANZ Group
T +43 (0)1 88090 2312
M +43 (0)699 1685 7312
Investor Relations: investor@immofinanz.com
Media Inquiries: communications@immofinanz.com
A-1100 Wien, Wienerbergstraße 11
www.immofinanz.com
End of Corporate News
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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)
End of News DGAP News-Service
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