© information agency "RIA Novosti", Krivobok Ruslan, on December 19 — News/prime RIA. the Austrian Immofinanz AG postponed merge to CA Immobilien Anlagen AG (CA Immo) because of office of the Russian operations, is spoken in Immofinanz message. "The reason consists in the planned office of a portfolio of real estate Russian Federation Immofinanz which is a condition of merge of two companies. The board and the supervisory board of Immofinanz decided to plan today longer period, than it was originally supposed, for completion of process of office of the Russian operations. Recent stabilization of economy to Russian Federation promoted this decision" — is spoken in release.
Process of submission of demands for sale of the Moscow shopping centers Immofinanz is planned by p for the beginning of 2017. The transaction has to be closed in 2017.
Merge of Immofinanz and CA Immo will be postponed by p before the termination of office of the Russian portfolio of Immofinanz. In the same time of Immofinanz will prepare at this time for the planned merge. Meeting of shareholders for participation in vote on merge, as expected, will take place in 2018.
of Immofinanz specializes on commercial and office real estate in eight regional key markets: Austria, Germany, Czech Republic, Slovakia, Hungary, Romania, Poland and Russian Federation. The main direction of business of the company — management and development of real estate objects.
CA Immo — the Austrian company specializing on investments and management of office real estate in the countries Central Europe. The company is engaged in management and leasing of ready objects of commercial real estate, and also realizes developer projects. The cost of a portfolio of CA Immo is estimated at 3,6 billion euro, it includes the objects located to Germany, Austria and Eastern Europe.
