S IMMO AG: Successful hotel sale in Prague

Wien (pta023/31.10.2024/12:56 UTC+1)

As part of its prudent investment strategy, S IMMO has once again successfully completed a sale. The Julis Hotel in Prague, with a total leasable area of around 6,700 m², was sold to a Czech investor in the form of a share deal. The mixed-use property is located in the very centre of the city and comprises around 3,700 m² of hotel space, around 1,500 m² of retail space and around 1,500 m² for a fitness centre.

Tomáš Salajka, member of S IMMO's Management Board, comments: "We are pleased to report another successful step in our sustainable portfolio optimisation with this sale."

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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)