S IMMO AG: Letter of Intent signed for the acquisition of a portfolio in the Czech Republic

Vienna (pta019/02.11.2023/13:00 UTC+1)

S IMMO AG today signed a non-binding letter of intent (LOI) with Czech Property Investments, a.s. ("CPI AS"), a subsidiary of CPI Property Group S.A., regarding the acquisition of a property portfolio in the Czech Republic. The portfolio comprises seven office and three commercial properties with a gross lettable area of around 138,000 m² and annual rental income of around EUR 28m. At the same time, S IMMO AG was also granted exclusivity by CPI AS with respect to an additional strategy-compliant and high-quality real estate portfolio in the Czech Republic with a gross lettable area of approximately 134,000 m².

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Emitter:	S IMMO AG Wienerbergstraße 9 / 7. Stock 1100 Wien Austria
Contact Person:	Elisabeth Wagerer
Phone:	+43 1 22795-1120
E-Mail:	elisabeth.wagerer@simmoag.at
Website:	www.simmoag.at
ISIN(s):	AT0000652250 (Share)
Stock Exchange(s):	Vienna Stock Exchange (Official Trade)