DGAP-News: IMMOFINANZ Group expands activities in Poland: Start of construction on Nimbus office development project
(firmenpresse) - DGAP-News: IMMOFINANZ AG / Key word(s): Real Estate
IMMOFINANZ Group expands activities in Poland: Start of construction
on Nimbus office development project
13.12.2012 / 10:59
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The beginning of December marked the start of the first office development
project by IMMOFINANZ Group in Warsaw: The Nimbus, a premium property in a
prime location, will have over 19,000 sqm of rentable space with a flexible
office design, green terraces and high service orientation. Porr Polska
S.A. will serve as the general contractor, while CBRE and DTZ will be
responsible for the marketing as co-exclusive brokers. The project is
scheduled for completion in August 2014, and the outstanding construction
costs amount to approx. EUR 27 million.
'Poland is still an attractive market for development projects - prime
properties in good locations are very popular and our development
activities here should also be seen against this backdrop', commented
Eduard Zehetner, CEO of IMMOFINANZ Group. In June the company launched its
first residential development project in Poland with the Debowe Tarasy
(Phase III) in Katowice, and the Tarasy Zamkowe retail project in Lublin
followed in October. 'The Nimbus represents our debut on the Polish office
development sector. It also clearly demonstrates that our real estate
machine is gaining speed and underscores the expansion of our activities in
one of our core countries.' IMMOFINANZ Group already holds numerous
standing investments in the Warsaw office market: with 198,737 sqm of
rentable space and 18 office properties, the company is one of the largest
investors in this city.
Nimbus - modern prime office building with high service orientation
The Nimbus is located on the Jerozolimskie office corridor at the
intersection with the central business district, and offers good
connections to the public transportation network. The project highlights
include balconies and terraces that offer tenants attractive green areas
for relaxation and the informal exchange of information. In addition, the
facade with its expansive glass areas creates a friendly, timeless
atmosphere with optimal daylight - and, in this way, provides optimal
working conditions. Flexible floor plans allow for individually designed
working concepts: from individual or team offices and business lounges to
open space areas. A restaurant is planned for the ground floor, and a wide
range of services is available in close proximity.
Sustainability as a stated goal: LEED Gold targeted
The certification of buildings according to environmental standards has
become a basic requirement and also applies to all own development projects
realised by IMMOFINANZ Group. Accordingly, the Nimbus has already been
registered with LEED and plans call for gold certification. This office
building will not only provide tenants with optimal comfort, but also
reduce the negative impact on its direct environment. Compliance with the
highest construction standards and the use of high-quality materials will
maximise the efficiency of building operations, whereby the focus will be
placed on the reduction of operating costs as well as energy and water
consumption.
Additional information on this project can be found on the new website:
www.nimbus-office.pl
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. 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 change 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:
www.immofinanz.com
For additional information contact:
Stefan Schönauer
Head of Corporate Finance&Investor Relations
Interim Head of Corporate Communications | Press Spokesman
IMMOFINANZ Group
T +43 (0)1 88090 2312
M +43 (0)699 1685 7312
Investor Relations: investor(at)immofinanz.com
Media Inquiries: communications(at)immofinanz.com
A-1100 Wien, Wienerbergstraße 11
www.immofinanz.com
End of Corporate News
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13.12.2012 Dissemination of a Corporate News, transmitted by DGAP - a
company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
DGAP's Distribution Services include Regulatory Announcements,
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Media archive at www.dgap-medientreff.de and www.dgap.de
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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(at)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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196922 13.12.2012
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Datum: 13.12.2012 - 10:59 Uhr
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News-ID 212396
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