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InCity Immobilien AG

EANS-News: InCity Immobilien AG expands Managing Board

Cologne (euro adhoc) -

  • Friedrich Schwab appointed to the Managing Board
  • InCity Managing Board member Klaus Prokop also appointed to informica Managing Board
  • Foundations laid for leveraging further synergies
  Corporate news transmitted by euro adhoc. The issuer/originator is solely
  responsible for the content of this announcement.
companies
2 July, 2009 - InCity Immobilien AG, which is
specialised in planning and realising high-quality properties in 
central urban locations, has appointed Friedrich Schwab to the 
Managing Board as CFO effective June 23, 2009. The 55 year-old 
originally comes from Würzburg and is also the Chairman of the 
Managing Board of informica real invest AG, in which InCity and a 
private financial investor took over the majority stake at the 
beginning of April this year. Friedrich Schwab has held a number of 
executive positions in the banking industry and real estate sector 
and can look back on longstanding industry and project experience in 
funding.
The Managing Board of InCity Immobilien AG is made up of André Peto, 
responsible for Marketing, Sales and Investor Relations as well as 
Klaus Prokop who is in charge of Real Estate Purchasing, Project 
Management, Technology and Quality Management. Klaus Prokop has also 
been appointed to the Managing Board of informica real invest AG.
InCity Managing Board member André Peto: "By expanding the Managing 
Board of our company we have laid the foundations for increasing 
cooperation with informica and quickly leverage synergies. As the 
business of both companies is highly complementary given their joint 
concentration on real estate in central urban locations as well as 
common ground in the regional focus, there is promising potential for
synergies."
end of announcement                               euro adhoc

Further inquiry note:

InCity Immobilien AG
André Peto
Phone: +49 (0) 221 95 27 57 55
a.peto@incity.ag

Investor Relations
Dariusch Manssuri
Phone: +49 (0) 221 91 40 970
dariusch.manssuri@ir-on.com

Branche: Real Estate
ISIN: DE000A0HNF96
WKN: A0HNF9
Börsen: Frankfurt / free trade/entry standard
Berlin / free trade

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