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CA Immobilien Anlagen AG in final negotiations regarding the sale of a portfolio of logistics assets

Assets in Romania, Poland und Serbia for sale

Vienna, Oct 1, 2014. CA Immobilien Anlagen AG announces that it is in final negotiations with one bidder regarding the sale of a logistics-portfolio with c. 460.000 m² lettable area.

The planned transaction comprises a logistic park in Romania, two standing assets in Poland with attached land reserves and a smaller land plot in Serbia. The assets are currently held in a Joint Venture between CA Immo and the European Bank for Reconstruction and Development (EBRD). From a current point of view the management of CA Immo expects that, after taking positive effects from the premature repayment of intra-group loans linked to the assets into account, the transaction will have a net neutral effect on the Net Asset Value (NAV) of CA Immo.