Corporate | 19 April 2013 10:18
IMMOFINANZ AG / Key word(s): Real Estate
19.04.2013 / 10:18
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The Silesia City Center, a key property in the IMMOFINANZ Group portfolio,
was one of the winners at the ICSC European Shopping Center Awards for
2013. The International Council of Shopping Centers, the leading global
branch association, presents these awards to the best retail developments
each year.
The Silesia City Center ranked first in the category 'Refurbishments and/or
Expansion'. The awards, which were presented on Wednesday in Stockholm, are
among the most coveted in the branch. The expansion of this shopping center
in Katowice, which represents one of the company's own development
projects, was opened in October 2011. With approx. 89,000 sqm of selling
space and nearly 340 shops, the Silesia City Center is the market leader in
Silesia and one of the top five shopping centers in Poland.
'Our decision to expand the Silesia City Center proved to be right not only
from an economic standpoint. This award shows that we set an example for
the entire branch with respect to quality standards and design', commented
IMMOFINANZ CEO Eduard Zehetner. 'Quality Shopping Centers are our focus in
the retail segment, and we are currently realising our next project of this
type with the Tarasy Zamkowe in Lublin. With its extensive retail expertise
and strong international connections, IMMOFINANZ Group is in a position to
generate sustainable competitive advantages in this area.'
In its decision, the jury at the ICSC Awards underscored, among others, the
expansion's architecture and the mix of international tenants. The new
section of the shopping center breaks with stereotypes, with the design
combining both traditional and modern elements. The largest tenants include
Saturn, Cinema City, Van Graaf, Tesco, C&A, H&M, Zara and Pure Health and
Fitness.
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 1,810 investment properties
with a carrying amount of approx. EUR 10.49 billion. As a 'real estate
machine' the company concentrates on linking its three core business areas:
the development of sustainable, specially designed prime properties in
premium locations, the professional management of these properties and
cycle-optimised sales. Active and decentralised asset management increases
rental income and, at the same time, reduces vacancies. The liquid funds
generated by property sales are reinvested in new development projects and,
in this way, keep the machine running. The company's goal is to generate
greater profitability along the entire value chain with a clearly defined,
standardised and industrialised process. 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:
http://www.immofinanz.com | http://blog.immofinanz.com |
http://properties.immofinanz.com
For additional information please contact:
MEDIA INQUIRIES
Bettina Schragl
Head of Corporate Communications | Press Spokesperson
IMMOFINANZ Group
T +43 (0)1 88 090 2290
M +43(0)699 1685 7290
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
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; Frankfurt in
Open Market ; Wien (Amtlicher Handel / Official Market)
End of News DGAP News-Service
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