DGAP-News: IMMOFINANZ AG: IMMOFINANZ Group expands STOP.SHOP. portfolio with new retail parks in the

DGAP-News: IMMOFINANZ AG: IMMOFINANZ Group expands STOP.SHOP. portfolio with new retail parks in the Czech Republic and Slovakia

ID: 32570

(firmenpresse) - IMMOFINANZ AG / Key word(s): Miscellaneous

11.11.2010 08:52
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IMMOFINANZ Group expands STOP.SHOP. portfolio with new retail parks in the
Czech Republic and Slovakia

Steady expansion is the keyword for the STOP.SHOP. retail park concept,
which has grown in both importance and size in recent years. STOP.SHOP. is
the IMMOFINANZ Group umbrella brand for specialty shopping centres in
Central and Eastern Europe. These regional malls are developed at central
locations in catchment areas with a population of 30,000 - 150,000.

The main features of this brand are a standardised concept with 5,000 to
15,000 sqm of rentable space and ample parking, good integration in the
traffic network and high functionality through an attractive mix of
international and local tenants. A coordinated visual appearance throughout
the entire facility forms the basis for the cross-border development of the
STOP.SHOP. concept and ensures high consumer recognition.

The opening of the STOP.SHOP. in Znojmo on 4 November marked the completion
of the ninth retail park in the Czech Republic. The catchment area of this
5,000 sqm centre has a population of more than 50,000 within roughly 10
minutes driving time. Znojmo is located 190 kilometres south-east of
Prague, 64 kilometres south-west of Brno and 12 kilometres from the
Austrian-Czech border. This STOP.SHOP. retail park is fully occupied and
includes brands such as Wiky, New Yorker, KiK, DM, Takko, Deichmann,
Elektro Expert and Sportisimo.

STOP.SHOP. in Slovakia
Two retail parks in Slovakia will also open on schedule in mid-November,
bringing the portfolio in this country to a total of nine STOP.SHOPs. The
STOP.SHOP. Dubnica nad Váhom is located in the north-western region of the
Slovakian Republic. The catchment area of this centre has a population of




over 40,000 within roughly 10 minutes driving time. This STOP.SHOP. is
fully let, with the exception of a small area, to international tenants
like PLANEO Elektro, KiK, DM, Takko and Deichmann.

The second, substantially larger STOP.SHOP. retail park - the Liptovsky
Mikulás - is located in central Slovakia. With more than 12,800 sqm of
rentable space on two levels, it can be reached by over 75,000 residents
within approx. 15 minutes travelling time. The tenant mix includes
well-known retailers like TERNO supermarket, C&A, NEW YORKER, TAKKO,
DEICHMANN, DM, KiK, GATE, John Garfield and many more.

These latest projects by the IMMOFINANZ Group have increased the STOP.SHOP.
portfolio in Eastern Europe to include 33 locations in five countries.

'The opening of these three retail parks not only expands our STOP.SHOP.
portfolio, but also confirms our leading market position in this segment.
The key to this success is the high functionality of the STOP.SHOPs.,
combined with central locations and good integration in the traffic
network,' commented Eduard Zehetner, CEO of the IMMOFINANZ Group, on these
new developments.




Contact:
Margit Hermentin
Head of Investor Relations&Corporate Communications
IMMOFINANZ AG
A-1120 Vienna, Gaudenzdorfer Gürtel 67
Tel.: +43 (0) 5 7111 - 2290
Fax: +43 (0) 5 7111 - 8290

m.hermentin(at)immofinanz.com
www.immofinanz.com


Press-Coordination:
Hieronymus Tupay
ACCEDO Austria GmbH
Tel.: +43 1 533 87 00 - 23
Hieronymus.Tupay(at)accedogroup.com









11.11.2010 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,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de

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Language: English
Company: IMMOFINANZ AG
Gaudenzdorfer Gürtel 67
A-1120 WienÖsterreich
Phone: +43 (0) 5 7111 - 2290
Fax: +43 (0) 5 7111 - 8290
E-mail: investor(at)immofinanz.com
Internet: http://www.immofinanz.com
ISIN: AT0000809058
WKN: 911064
Listed: Freiverkehr in München, Berlin, Stuttgart; Open Market in
Frankfurt; Foreign Exchange(s) Wien (Amtlicher Handel /
Official Market)

End of Announcement DGAP News-Service

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Bereitgestellt von Benutzer: EquityStory
Datum: 11.11.2010 - 08:52 Uhr
Sprache: Deutsch
News-ID 32570
Anzahl Zeichen: 0

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Kategorie:

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