ARTICLES LABELLED WITH TAG S Immo

17
Jun
2021

Skanska completes €97 million sale of Campus 6 in Bucharest

by Property Forum
Real estate group Skanska says it fully completed the sale of office buildings Campus 6.2 and 6.3 within Campus 6, the complex developed in western Bucharest, in its biggest local deal valued at €97 million.
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09
Jun
2021

Immofinanz posts response to S Immo’s statement on takeover

by Property Forum
Immofinanz has issued a response to S Immo’s recent statement in which the company’s officials have clearly expressed their opposition to the takeover offer by Immofinanz published in mid-May 2021.
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07
Jun
2021

S Immo rejects Immofinanz takeover bid

by Property Forum
In a statement, the Management Board and Supervisory Board of S Immo have clearly expressed their opposition to the takeover offer by Immofinanz published in mid-May 2021.
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30
Apr
2021

S Immo plans new office development in Budapest

by Property Forum
S Immo is ramping up its development activities in CEE with a new office project in Budapest. An ensemble consisting of three office buildings offering roughly 29,000 sqm of usable space will be built on Váci Road, one of the most important office locations in the Hungarian capital. The most significant structure is an 11-storey building located directly on Váci Road. The company plans to obtain sustainability certification according to BREEAM and WELL.
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08
Apr
2021

S Immo reports €56.9 million profit for 2020

by Property Forum
S Immo generated a profit of €56.9 million for the financial year 2020, closing the year well in the black despite the COVID-19 crisis.
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26
Mar
2021

Immofinanz increases S Immo takeover offer

by Property Forum
Immofinanz announced on 14 March 2021 to launch a voluntary public takeover offer to the shareholders of S Immo to acquire a controlling interest pursuant to section 25a of the Austrian Takeover Act. The offer price per share of S Immo AG has been announced as €18.04 on a cum-dividend basis. Immofinanz announces that the Executive Board and the Supervisory Board of Immofinanz have resolved upon an increase of the offer price to €22.25 on 25 March.
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15
Mar
2021

Immofinanz to launch takeover of S Immo

by Property Forum
The Management Board and the Supervisory Board of Immofinanz have decided to launch a voluntary public takeover offer to acquire a controlling interest pursuant to Section 25a of the Austrian Takeover Act for all outstanding no-par value bearer shares of S Immo not owned by the bidder.
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04
Mar
2021

S Immo appoints new management team

by Property Forum
S Immo AG's Supervisory Board has designated the successor of Ernst Vejdovszky, founding father of the company, whose board term will expire on 30 June 2021, and has newly appointed the Management Team. Dr. Bruno Ettenauer will take over as CEO from 15 March 2021 with a term of three years. DI Herwig Teufelsdorfer will be appointed as S Immo AG's CIO (Chief Investment Officer) and will take up his position on the Executive Board at the latest at the beginning of the second quarter of 2021. The contract of Friedrich Wachernig, MBA as COO (Chief Operating Officer) has been prolonged for a further three years until 30 June 2024.
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14
Dec
2020

S Immo buys two office buildings in Bucharest from Skanska

by Property Forum
S Immo AG has purchased two properties of the Campus 6 business park in Bucharest from developer Skanska with a total investment volume of €97 million. The two buildings have a total leasable area of nearly 38,000 square metres and both are fully let. Key tenants are Microsoft and Société Générale.
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08
Dec
2020

Slovak businessman buys into Austrian company S Immo

by Property Forum
Evax Holding GmbH, a company owned by Peter Korbačka’s Eurovea Services, has purchased 3,836,988 shares of S Immo AG, corresponding to a 5.21% stake, from Etamin GmbH & Co KG. The transaction, which took place on 12 November, has made the Slovak businessman the third largest shareholder in the Austrian company.
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Latest news


New leases

  • Westinghouse Electric Company will occupy a space of over 1900 sqm in the Zabłocie Business Park B office building in Kraków. JLL represented the tenant during the contract negotiation process.
  • Grupa Azoty, a producer of fertilizer and chemical components has extended its lease in the Warsaw Trade Tower. The company occupies 1,160 sqm in the skyscraper, which is owned by Globalworth.
  • 108 Agency Slovakia has mediated the lease of 720 sqm for its client Mercurtrade in Beta – Car Park Pezinok.

New appointments

  • Spaceflow, a tenant experience company, appoints Ken Norton as its Vice President of Sales. Among Norton’s goals is to accelerate the growth of its client base, while scaling Spaceflow's sales team in their international markets and optimizing the sales processes. Norton joined Spaceflow after three years as Head of Sales at LandInsight, now Landtech. Prior to joining LandInsight, he was in Business Development at Estates Gazette.
  • Benoit Lheureux will replace Gerard Gallet as a CEO of Auchan Polska. Gerard Gallet will remain a Member of the Board.
  • Tomasz Łapiński, former CFO of Cordia Poland, has returned to the company as Development Director and Vice President. He will be responsible for strengthening Cordia's position in Poland, its development and further integration with Polnord.


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