„We view the offer of Immofinanz AG as an emotional response to the offer of CA Immo. Our offer remains unaffected and it will be published next Wednesday with an unchanged offer price of € 2.80. As for the strategic rational of this transaction, the Management of Immofinanz AG must be accountable for this deal to the shareholders of Immofinanz AG. In the light of the current challenges in Russia, that were also evidenced by the recent disappointing Q3 results, we – as a 3% shareholder in Immofinanz – currently see different priorities for Immofinanz AG.”