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Common Report 36/2009
Further new long-term leasing contracts also in Austria
Podstawa prawna: Art. 56 ust. 1 pkt 2 Ustawy o ofercie - informacje bieżące i okresowe
After the sucessful signing of leasing contracts in Warsaw, Budapest, Prague, Bukarest and Bratislava, IMMOEAST AG was able to contract new tenants also in Austria.
Especially the segments Office and Retail with more than 50,000 m² in total add to the sustainable safeguarding of the company's cash-flow over the next years. The new lease contracts have an average maturity of 5.5 years and are inflation-indexed.
"The demand on modern spaces especially in the office market is still high. IMMOFINANZ group owns an exellent portfolio in Western and Eastern Europe which remains even in economical difficult times stable in value. Especially the Austrian market is very attractive due to its stability in times of crisis and its geographical position, not only for national and international tenants but also for investors. This has a positive impact on the demand and prices", Dr. Eduard Zehetner, CEO of IMMOEAST AG and IMMOFINANZ AG, pointed out.