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

Vienna (pta028/27.02.2024/14:20 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 consists of office and retail buildings with a gross lettable area of around 134,600 m² and an overall total net asset value of approximately EUR 494.5m. The annual rental income adds up to around EUR 28m.

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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)