DGAP-News: IC Immobilien Holding AG: IC PropertyOne Takes over Property Management for Nine Assets O

DGAP-News: IC Immobilien Holding AG: IC PropertyOne Takes over Property Management for Nine Assets Owned by IM Properties

ID: 34073

(firmenpresse) - DGAP-News: IC Immobilien Holding AG / Key word(s):
Agreement/Development of Sales
IC Immobilien Holding AG: IC PropertyOne Takes over Property
Management for Nine Assets Owned by IM Properties

12.05.2011 / 12:50

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Unterschleissheim near Munich, May 12, 2011 - IC PropertyOne Asset und Real
Estate Management GmbH, a company belonging to IC Immobilien Gruppe, took
over the property management for a total of nine assets belonging to
British investor IM Properties. IC PropertyOne has taken charge both of the
technical and the commercial property management as well as of the letting
services at all nine of these properties.

In addition, IC PropertyOne's area of responsibility will also include the
centre management for the client's shopping centres in Dresden and Wittlich
and for a retail park in Gera. The portfolio, which also includes logistics
properties, is managed by the nationwide network of IC Immobilien Gruppe
branches and benefits from the decentralised positioning of IC PropertyOne
and its principle of quick decision-making processes.

Overall, IC has thus taken over the management of more than 114,000 square
metres of lettable area and a current rent roll of 71 tenants. The
management agreement signed for a three-year term. 'We have been impressed
with how proactive and organised they have been and expect our tenants to
benefit from the positive approach IC Group are showing to the management
of our properties', says Tim Wooldridge, Managing Director of IM Properties
PLC.

About IC Immobilien Gruppe:
IC Immobilien Group focuses on Asset and Property Management Services for
German and international institutional investors. In addition, it assumes
management tasks both for real estate funds launched in its own right and
for third parties. At the moment, IC Immobilien Gruppe has approx. 8.5




billion Euros in investment assets under management. The group maintains a
staff of about 200 professionals, deployed at eight locations throughout
Germany and at one office in North America. IC Immobilien Group manages a
total of more than 20,000 private and institutional investors.

Contact:
Stephan Holeczek
IC Immobilien Holding AG
Ohmstrasse 4
D-85716 Unterschleissheim
Tel.: +49 (0)89 / 55 22 7 - 362
Fax: +49 (0)89 / 55 22 7 - 355
E-mail: investor.relations(at)ic-group.de


End of Corporate News

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12.05.2011 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: IC Immobilien Holding AG
Ohmstraße 4
85716 Unterschleißheim
Deutschland
Phone: +49 (0)89 / 55227-362
Fax: +49 (0)89 / 55227-355
E-mail: stephan.holeczek(at)ic-group.de
Internet: www.ic-group.de
ISIN: DE0005632160
WKN: 563216
Listed: Freiverkehr in Berlin, Hamburg, München, Stuttgart; Open
Market in Frankfurt


End of News DGAP News-Service
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124358 12.05.2011

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Bereitgestellt von Benutzer: EquityStory
Datum: 12.05.2011 - 12:50 Uhr
Sprache: Deutsch
News-ID 34073
Anzahl Zeichen: 0

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Kategorie:

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