Österreichische Post AG

EANS-News: Österreichische Post AG
AUSTRIAN POST AGREES TO SELL ITS FORMER HEADQUARTERS IN VIENNA'S FIRST DISTRICT TO THE SORAVIA GROUP

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Contracts

The transparent bidding process launched in June 2014 to coordinate the sale of
Austrian Post's former corporate headquarters, which attracted extensive
interest on the part of Austrian and international investors, was concluded. The
purchase agreement for the commercial property located at Postgasse 8-10 in
Vienna's first district was signed by Soravia Group on December 22, 2014. The
transaction is expected to be finalised over the next few weeks. 

The commercial property in a top inner city location is a unique building
complex with high development potential. In 1831 the former St. Barbara
Monastery was handed over to the Austrian Postal Administration. Since the
founding of the Austrian Postal and Telegraph Department in the year 1866, it
has been located in this partially landmarked building. The building offers a
net floor space of about 26,000 m² on a commercial property covering an area of
more than 7,200 m². 

The parties to the transaction agreed not to disclose details on the purchase
price. The disposal of the company's former headquarters has no impact on the
operating business or on the communicated guidance of Austrian Post.
Furthermore, the sale will have no effect on the company's dividend policy which
pursues the objective of further developing dividends in line with the Group's
operating results.  

KPMG Advisory GmbH, Vienna and Eisenberger & Herzog Rechtsanwalts GmbH served as
the exclusive consultants of Austrian Post in this bidding process.

Further inquiry note:
Austrian Post 
Ingeborg Gratzer
Head of Press Relations & Internal Communications
Tel.: +43 (0) 57767-24730
ingeborg.gratzer@post.at

Austrian Post
Harald Hagenauer
Head of Investor Relations, Group Auditing & Compliance 
Tel.: +43 (0) 57767-30400
harald.hagenauer@post.at

end of announcement                               euro adhoc 
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company:     Österreichische Post AG
             Haidingergasse  1
             A-1030 Wien
phone:       +43 (0)57767-0
mail:     investor@post.at
WWW:      www.post.at
sector:      Transport
ISIN:        AT0000APOST4
indexes:     ATX Prime, ATX
stockmarkets: official market: Wien 
language:   English
 



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