IMMOFINANZ AG on discussions for the sale of the Russian portfolio

IMMOFINANZ AG would like to announce that it is now in advanced talks with one bidder for its retail properties in Moscow. However, the key conditions must still be finalised. The overall process for the sale of the Moscow shopping centers also includes other prospective buyers. Plans to complete the separation of the Russian portfolio by the end of 2017 remain unchanged from the current point of view.