• WKN: A2JN9W
  • ISIN: AT0000A21KS2
  • Land: Österreich

Nachricht vom 27.04.2015 | 10:51

IMMOFINANZ Group bundles logistics activities under new LOG.IQ umbrella brand

DGAP-News: IMMOFINANZ AG / Key word(s): Real Estate/Miscellaneous

2015-04-27 / 10:51


IMMOFINANZ Group is uniting its corporate logistics activities under the
LOG.IQ brand. These activities cover the locations in the portfolio of the
wholly owned subsidiary Deutsche Lagerhaus (DLG) as well as the facilities
in Eastern Europe that have operated to date under the LOG Center brand.
LOG.IQ will therefore stand for 59 logistics centers from the North Sea to
the Black Sea. These properties will be rebranded during the coming months
and receive the newly designed LOG.IQ appearance.

"Our strategic logistics business has been the focal point of steady
expansion in recent years. With the bundling of these properties under a
single brand, we will be able to position LOQ.IQ as a Group-wide logistics
competence center and accompany the flow of goods by our customers with a
total capacity of over 1.1 million square meters of rentable logistics
space", explained Dietmar Reindl, COO of IMMOFINANZ Group. "In addition,
our portfolio is currently under expansion with projects in Gelsenkirchen,
Hamburg, Gross-Gerau and Poing (Germany) and also in Bucharest."

The LOG.IQ brand name stands for "logistics properties with IQ", which are
flexible and can be adjusted to meet the market's demands and customers'
needs. The issues that are relevant for customers are covered on site -
asset management, development and property management up to accounting for
the individual facilities represent part of the core expertise. Plans for
the future include an increased offering of customer-oriented solutions.
This combination of excellent branch connections and market presence with
local know-how and a solid capital base creates a promising foundation.

IMMOFINANZ Group has been active in the logistics sector since 1991. The
logistics portfolio contained a total of 59 standing investments in January
2015, which had a combined carrying amount of EUR 572.6 million. Germany
remains the most important logistics market with over 70% of the rentable
space, followed by Hungary and Romania. The tenants include, among others,
international companies like Dachser, Rhenus, Kraftverkehr Nagel, Kühne und
Nagel, Fiege, DPD, Lila Logistik, Deutsche Post, UPS, DSV and Nestle.

Further information:

IMMOFINANZ Group is one of the leading listed property companies in Central
and Eastern Europe. The company is included in the leading ATX index of the
Vienna Stock Exchange and also trades on the Warsaw Stock Exchange. Since
its founding in 1990, the company has compiled a high-quality property
portfolio that now comprises more than 470 investment properties with a
carrying amount of approx. EUR 6.8 billion. As a "real estate machine" the
company concentrates on linking its three core business areas: the
development of sustainable, specially designed prime properties in premium
locations, the professional management of these properties and
cycle-optimised sales. IMMOFINANZ Group concentrates its activities in the
retail, office and logistics segments of eight regional core markets:
Austria, Germany, Czech Republic, Slovakia, Hungary, Romania, Poland and
Russia. Further information under: / /

For additional information contact: 
Bettina Schragl 
Head of Corporate Communications | Press Spokesperson 
T +43 (0)1 88 090 2290 
M +43 (0)699 1685 7290 

Stefan Schönauer 
Head of Corporate Finance & Investor Relations 
T +43 (0)1 88 090 2312 
M +43 (0)699 1685 7312


2015-04-27 Dissemination of a Corporate News, transmitted by DGAP - a
service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

The DGAP Distribution Services include Regulatory Announcements,
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Language:    English                                                    
Company:     IMMOFINANZ AG                                              
             Wienerbergstraße 11                                        
             1100 Wien                                                  
Phone:       +43 (0) 1 88090 - 2291                                     
Fax:         +43 (0) 1 88090 - 8291                                     
ISIN:        AT0000809058                                               
WKN:         911064                                                     
Listed:      Regulated Unofficial Market in Berlin, Munich, Stuttgart;  
             Open Market in Frankfurt ; Wien (Amtlicher Handel /        
             Official Market)                                           
End of News    DGAP News-Service  
348861 2015-04-27                                                      

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