DGAP-News: IMMOFINANZ Group: Maritimo Shopping Center development project receives CIJ award for �

DGAP-News: IMMOFINANZ Group: Maritimo Shopping Center development project receives CIJ award for 'Best New Shopping Center Development'

ID: 98123

(firmenpresse) - DGAP-News: IMMOFINANZ AG / Key word(s): Real Estate
IMMOFINANZ Group: Maritimo Shopping Center development project
receives CIJ award for 'Best New Shopping Center Development'

19.12.2011 / 10:05

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On 8 December 2011 IMMOFINANZ Group's Maritimo Shopping Center project
received the CIJ Award for the 'Best New Shopping Center Development'. This
facility, which is located in Constanta, Romania, opened in October 2011
and registered 230,000 visitors alone on the first weekend. It is fully
rented and has already gained a reputation as the most important shopping
and entertainment center in the region.

Each year the real estate magazine 'Construction&Investment Journal'
presents the CIJ Award, a much-admired prize among branch specialists, for
projects in Poland, Romania, Slovakia, Czech Republic and Hungary. In
Romania, this year's award in the category 'Best New Shopping Center' was
presented to IMMOFINANZ Group. The independent jury chose the Maritimo
Shopping Center development project over four competitors in a two-step
evaluation process. The Maritimo Shopping Center is one of Romania's most
modern shopping malls and, within a short period of time, has established a
position with local residents as a popular shopping and entertainment
facility. More than 130 stores offer an attractive mix of food products,
fashion, sport, electronics, leisure and gastronomy on over 50,000 sqm.

'Over the past year our team did an outstanding job in completing the
Maritimo Shopping Center in less than 18 months to prepare for the opening
this autumn. We took over complete ownership of this project, which was
originally planned in 2010 as a joint venture, during a difficult phase. I
am therefore particularly pleased to see that our efforts and high quality
standards were recognised by an independent jury with the CIJ Award for




'Best New Shopping Center Development',' commented Eduard Zehetner, Chief
Executive Officer of IMMOFINANZ Group. 'This prize also reinforces our
decision to further expand the development department we established in
autumn 2010 and to increase our focus on these types of projects in the
future.'

The Maritimo Shopping Center and the recently opened Silesia City Center
extension in Poland are two of the most important development projects
completed by IMMOFINANZ Group this year. The company is currently working
on 28 other development projects. The next planned completion is the
GoodZone shopping center in Moscow, which is scheduled to open in 2012.


On IMMOFINANZ Group
IMMOFINANZ Group is one of the five largest 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 1,600 standing
investment properties with a carrying amount of approx. EUR 8.4 billion.
The core business of the IMMOFINANZ Group covers the acquisition and the
active management of investment properties, the realisation of development
projects and the sale of objects. 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 informationunder
www.immofinanz.com.


Contact:
For additional information contact:

INVESTOR RELATIONS

Stefan Schönauer
Head of Corporate Finance&Investor Relations
IMMOFINANZ AG
M +43 (0)699 1685 7312
investor(at)immofinanz.com

Simone Korbelius
Investor Relations
IMMOFINANZ AG
T +43 (0)5 7111 2291
investor(at)immofinanz.com

MEDIA INQUIRIES

Sandra Bauer
Head of Corporate Communications | Press Spokesperson
IMMOFINANZ AG
T +43 (0)5 7111 2292
M +43 (0)699 1685 7292
communications(at)immofinanz.com

A-1100 Wien, Wienerbergstraße 11
www.immofinanz.com


End of Corporate News

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19.12.2011 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: IMMOFINANZ AG
Wienerbergstraße 11
1100 Wien
Austria
Phone: +43 (0) 5 7111 - 2291
Fax: +43 (0) 5 7111 - 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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150220 19.12.2011


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Bereitgestellt von Benutzer: EquityStory
Datum: 19.12.2011 - 10:05 Uhr
Sprache: Deutsch
News-ID 98123
Anzahl Zeichen: 4971

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