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Sparkassen Immobilien AG

euro adhoc: Sparkassen Immobilien AG
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OMV to remain Sparkassen Immobilien AG's largest tenant

  Disclosure announcement transmitted by euro adhoc. The issuer is responsible
  for the content of this announcement.
09.03.2009
Sparkassen Immobilien AG acquires OMV AG's new head office and sells 
OMV's existing premises on Otto-Wagner-Platz
Stock exchange listed Sparkassen Immobilien AG (Bloomberg: SPI.AV, 
Reuters: SIAG.VI) has acquired OMV AG's new head office, developed by
IC Projektentwicklung, as well as the Hotel Courtyard Marriott, which
is located on the same site. Sparkassen Immobilien AG has expanded 
its portfolio with an outstanding property benefiting from a strong, 
sustainable tenant with an excellent reputation.
The new corporate head office of OMV AG, one the largest listed 
industrial companies in Austria, and Central Europe's leading oil and
gas group, is on the VIERTEL ZWEI site, located between Krieau and 
the Exhibition Centre. The site is situated in one of Vienna's most 
promising office locations and benefits from immediate access to the 
U2 underground line as well as convenient access to the Handelskai 
and the motorways A4, A22 and A23. The project, with a total of 
47,000 m2 of lettable space, was completed in January 2009 and won 
the DIVA Award in 2008. OMV AG has already taken over its new 
corporate head office, and will transfer its operations and employees
over the coming months.
At the same time, Sparkassen Immobilien AG has acquired the Hotel 
Courtyard Marriott, a four-star hotel located on the same site, with 
251 rooms and suites. The hotel benefits from its proximity to 
surrounding office buildings as well as the Vienna Exhibition Centre.
In parallel to the purchase of the new OMV head office, agreement was
reached for the completion of the sale of the current OMV head office
to BLM-IG Bauträger GmbH in the first half of 2009. The building is 
located at Otto- Wagner-Platz 5 in Vienna's Ninth District, close to 
the Altes AKH university campus and the Austrian National Bank 
complex.
Details of the transactions, including purchase prices, were not 
disclosed.
Management Board member Ernst Vejdovszky summarises the latest 
transactions: "We retain the well reputed tenant OMV on a long-term 
basis, in a new, outstanding and top quality property, and by selling
the old OMV head office are avoiding the resulting vacancy. This is 
absolutely in line with our conservative strategy - creation of 
long-term, stable values for our shareholders."
end of announcement                               euro adhoc

Further inquiry note:

Investor Relations:
Rebecca Reichmann
Tel.: +43(0)50100-27402
Fax: +43(0)05100-927402
mailto:rebecca.reichmann@s-immoag.at
wwww.sparkassenimmobilienag.at

Corporate Communications:
Bosko Skoko
Tel.: +43(0)50100-27522
Fax: +43(0)05100-927522
mailto:bosko.skoko@s-immoag.at
wwww.sparkassenimmobilienag.at

Branche: Real Estate
ISIN: AT0000652250
WKN: 065225
Index: ATX Prime, Immobilien-ATX
Börsen: Wiener Börse AG / official market

Plus de actualités: Sparkassen Immobilien AG
Plus de actualités: Sparkassen Immobilien AG