• Package of properties let to the state of Hesse for the long term with approximate market value  of € 0.8 bn is sold to a real estate fund of PATRIZIA group 
  
• The transaction will influence the CA Immo sales results of the 4th quarter 2013 

Wien, 6.12.2013 Having signed the purchase agreement on 23th of October 2013 subject to certain conditions precedent being satisfied, the closing of the sales transaction is now completed. The sale of the real estate package in Hesse will thus influence the CA Immo sales results of the 4th quarter 2013. BNP Paribas Real Estate and Noerr LLP acted as advisors to the seller.

Comprising 36 properties at 19 locations in Hesse, CA Immo acquired the real estate package in 2006 from the German state of Hesse, which has since let the properties on a long-term basis. For the next six months, Deutsche Realitäten GmbH (DRG) is in charge of the portfolio´s property management together with CA Immo Deutschland GmbH. As at key date 30 June 2013, the market value of the portfolio was approximately € 0.8 bn. The sale was transacted in line with the company’s strategic objectives for 2012-2015, a key component of which involves streamlining the portfolio with a view to raising the profitability of the CA Immo Group.

About CA Immo
CA Immo is one of the foremost real estate companies in the centre of Europe. The company, which is listed on the benchmark ATX index of the Vienna Stock Exchange, specialises in the letting and development of commercial real estate, especially in the office segment. Founded in 1987, CA Immo currently controls property assets of around € 5.4 bn in Germany, Austria and Eastern Europe (correct as of 30 September 2013).