EANS-Adhoc: Sparkassen Immobilien AG / sale of Gemini office building in Prague to Deka Immobilien

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12.11.2009

Ad hoc information Vienna, 12 November 2009

Sparkassen Immobilien AG: sale of Gemini office building in Prague to Deka
Immobilien

Stock exchange listed Sparkassen Immobilien AG (Bloomberg: SPI:AV, Reuters:
SIAG.VI) has announced the sale of Gemini - a commercial and office building in
Prague´s Fourth District, Pankrác - to Deka Immobilien GmbH.

The building, which was completed last year, is a modern property with
approximately 40,000 m² of lettable space and an underground garage with 430
parking spaces. It is situated close the centre of Prague in one of the best
established office property locations in the Czech Republic´s capital.

Gemini is currently let to 29 Czech and international companies - the three
largest of which are Hill´s Pet, Unipetrol and Novartis. The property has been
bought by Deka Immobilien GmbH for Deka-Immobilien Europa, a public investment
fund with a portfolio valued at more than EUR 10 billion. On full occupancy the
purchase price amounts to some EUR 110 million.

Further inquiry note:
Investor Relations:
Rebecca Reichmann
Tel.: +43(0)50100-27402
Fax: +43(0)05100-927402
mailto:[email protected]

wwww.sparkassenimmobilienag.at 

Corporate Communications:
Bosko Skoko
Tel.: +43(0)50100-27522
Fax:  +43(0)05100-927522
mailto:[email protected]
wwww.sparkassenimmobilienag.at
end of announcement                               euro adhoc 
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issuer:   Sparkassen Immobilien AG
          Friedrichstraße  10
          A-1010 Wien
phone:    +43(0)50100-27550
FAX:      +43(0)050100-927559
mail:     [email protected]
WWW:      www.sparkassenimmobilienag.at
sector:   Real Estate
ISIN:     AT0000652250
indexes:  ATX Prime, Immobilien-ATX

stockmarkets: official market: Wien
language: English

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