IMW Immobilien SE
IMW Immobilien AG: Sale of a portfolio
IMW Immobilien AG / Key word(s): Disposal/Disposal 05.08.2011 11:30 Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted by DGAP - a company of EquityStory AG. The issuer is solely responsible for the content of this announcement. --------------------------------------------------------------------------- IMW Immobilien Aktiengesellschaft Stresemannstr. 78 10963 Berlin ISIN-Nr. DE 000 A0BVWY6 und DE 000 A0BVWZ3 Announcement according to § 15 WpHG IMW Immobilien AG, Berlin, signed a contract on the sale of 24 properties with the Nicolas Berggruen Berlin Holdings GmbH, Berlin. The contract concern all Berlin located properties of the Falcon Crest portfolio of IMW AG. Due to the sale and the redemption of loans IMW-Group continues its process of optimization its finance structure. In total the contract contains 24 properties with more than 1,375 residential and commercial units and a rental space of approx. 113,000 sqm, which are located in the Berlin areas Charlottenburg-Wilmersdorf, Tiergarten, Steglitz, Kreuzberg, and Neukölln. The total transaction volume amounts up to EUR 130 millions. The closing is depending on an approval of the merger control authority and on an approval of the financing bank of IMW AG too, because the provided loans are securitized. After the sale IMW-Group will still have 4,330 residential and commercial units with a rental space of approx. 320,000 sqm. Due the purchase the Nicolas Berggruen Holdings GmbH increased its Berlin portfo-lio by 50 % up to 90 residential and commercial properties. End of announcement Herr Pöhlmann, 0170-2288009 05.08.2011 DGAP's Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de --------------------------------------------------------------------------- Language: English Company: IMW Immobilien AG Stresemannstraße 78 10963 Berlin Germany Phone: +49 (0)30 25 46 12 00 Fax: +49 (0)30 25 46 12 99 E-mail: info@imw-ag.de Internet: www.imw-ag.de ISIN: DE000A0BVWY6, DE000A0BVWZ3 WKN: A0BVWY Listed: Regulierter Markt in Frankfurt (General Standard); Freiverkehr in Berlin, Hamburg, Stuttgart End of Announcement DGAP News-Service ---------------------------------------------------------------------------
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