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Majority Shareholder of CA Immobilien Anlagen AG announces key changes to its Supervisory Board

Retrieved on:

Tuesday, October 25, 2022

Supervision, DACH, Supervisory board, CA Immo, NYSE, Financial Oversight and Management Board for Puerto Rico, Investment, REIT, Company, Shareholder, CEO, Majority, Immo, Director, Management, Financial services, Bank, Starwood Capital Group

VIENNA and LUXEMBOURG, Oct. 25, 2022 /PRNewswire/ -- SOF-11 Klimt CAI Sarl, (the "Majority Shareholder") the majority shareholder of CA Immobilien Anlagen AG ("CA Immo") today announced that it has appointed David Smith to CA Immo's Supervisory Board using its delegation rights under the registered shares held.

Key Points:

VIENNA and LUXEMBOURG, Oct. 25, 2022 /PRNewswire/ -- SOF-11 Klimt CAI Sarl, (the "Majority Shareholder") the majority shareholder of CA Immobilien Anlagen AG ("CA Immo") today announced that it has appointed David Smith to CA Immo's Supervisory Board using its delegation rights under the registered shares held.
The Majority Shareholder would like to thank outgoing Board Members for their hard work, diligence and commitment during their tenures.
As a result of the above changes, the size of the Supervisory Board will be reduced to six members comprising of two employee representatives and four capital representatives.
The Majority Shareholder is committed to working closely with the Management Board to deliver on its strategy and maximize value for all shareholders.

CoStar Group Acquires Business Immo, a Leading Commercial Real Estate News Service in France

Retrieved on:

Wednesday, April 6, 2022

CoStar Group, Inc. (NASDAQ: CSGP), a leading provider of online real estate marketplaces, information and analytics in the commercial and residential property markets, announced today the acquisition of Frances premier commercial real estate news service, Business Immo.

Key Points:

CoStar Group, Inc. (NASDAQ: CSGP), a leading provider of online real estate marketplaces, information and analytics in the commercial and residential property markets, announced today the acquisition of Frances premier commercial real estate news service, Business Immo.
Today, Business Immo is widely recognized as a leading digital commercial real estate news provider in France, attracting over 300,000 unique visitors each month, including brokers, investors, developers, and lenders.
CoStar journalists recently received eight awards, including three gold medals, from the National Association of Real Estate Editors, the largest real estate journalism organization in the United States.
CoStar Group, Inc. (NASDAQ: CSGP) is a leading provider of online real estate marketplaces, information and analytics.

DGAP-News: S IMMO shareholders decide against the 'Austrian solution'

Retrieved on:

Monday, June 28, 2021

Immofinanz, Mergers and acquisitions, Corporations, Stock market, Corporate finance, Immo, Shareholder, Takeover, Economy, Articles, CA Immo

At the S IMMO shareholders' meeting, roughly 61% of the represented shareholder capital decided in favour of the proposal on the maximum voting right.

Key Points:

At the S IMMO shareholders' meeting, roughly 61% of the represented shareholder capital decided in favour of the proposal on the maximum voting right.
Consequently, a condition for the takeover offer by IMMOFINANZ to the shareholders of S IMMO was not met.
Unfortunately, the S IMMO shareholders decided against this proposal and our offer is, therefore, no longer valid", explained Stefan Schnauer, CFO of IMMOFINANZ.
It is neither an offer to purchase nor a solicitation to sell securities of S IMMO AG (S IMMO) or IMMOFINANZ.

DGAP-News: IMMOFINANZ AG: Takeover offer for S IMMO: Shareholders' meeting does not pass resolution on maximum voting right - condition of the offer not fulfilled

Retrieved on:

Thursday, June 24, 2021

Immofinanz, Mergers and acquisitions, Corporate finance, Immo, Takeover

IMMOFINANZ AG: Takeover offer for S IMMO: Shareholders' meeting does not pass resolution on maximum voting right - condition of the offer not fulfilled

Key Points:

IMMOFINANZ AG: Takeover offer for S IMMO: Shareholders' meeting does not pass resolution on maximum voting right - condition of the offer not fulfilled
The issuer is solely responsible for the content of this announcement.
Takeover offer for S IMMO: Shareholders' meeting does not pass resolution on maximum voting right - condition of the offer not fulfilled
Today's extraordinary shareholders' meeting of S IMMO AG did not pass a resolution on the amendments to the Articles of Association regarding the maximum voting right.
This means that a condition of the takeover offer by IMMOFINANZ to the shareholders of S IMMO has not been fulfilled.
It is neither an offer to purchase nor a solicitation to sell securities of S IMMO AG (S IMMO) or IMMOFINANZ.

DGAP-News: S IMMO shareholders' meeting: All major proxy advisors recommend approving the cancellation of the maximum voting right

Retrieved on:

Thursday, June 17, 2021

Mergers and acquisitions, Immofinanz, Corporate finance, Takeover, Immo, Companies

The offer documents state that shareholders only decide in favour of the cancellation of the maximum voting right if the takeover offer by IMMOFINANZ is successful.

Key Points:

The offer documents state that shareholders only decide in favour of the cancellation of the maximum voting right if the takeover offer by IMMOFINANZ is successful.
If the takeover offer is not completed, the maximum voting right will remain fully in effect.
S IMMO shareholders can therefore securely decide on the cancellation of the maximum voting right.
It is neither an offer to purchase nor a solicitation to sell securities of S IMMO AG (S IMMO) or IMMOFINANZ.

DGAP-News: IMMOFINANZ on the Statement of S IMMO: 'Back to the facts'

Retrieved on:

Wednesday, June 9, 2021

Immofinanz, Immo, Security, Takeover, Economy

IMMOFINANZ on the Statement of S IMMO: 'Back to the facts'

Key Points:

IMMOFINANZ on the Statement of S IMMO: 'Back to the facts'
The issuer is solely responsible for the content of this announcement.
The executive board of S IMMO is obviously concerned with repelling the takeover offer and this is not in the interest of the shareholders of S IMMO.
Instead, shareholders of S IMMO must be given the opportunity to make their own informed decision on whether to accept the offer", says Stefan Schnauer, CFO of IMMOFINANZ.
It is neither an offer to purchase nor a solicitation to sell securities of S IMMO AG (S IMMO) or IMMOFINANZ.

DGAP-News: IMMOFINANZ AG: Publication of the offer document for the voluntary public takeover offer to the shareholders of S IMMO AG

Retrieved on:

Wednesday, May 19, 2021

Mergers and acquisitions, Immofinanz, Immo, Takeover

The shareholders of S IMMO may decide upon the cancellation specifically with respect to the completion of the offer in a shareholders\' meeting during the acceptance period.

Key Points:

The shareholders of S IMMO may decide upon the cancellation specifically with respect to the completion of the offer in a shareholders\' meeting during the acceptance period.
Therefore, the acceptance of at least 25,716,294 S IMMO shares is required for a successful offer.\nIMMOFINANZ AG will publish the offer document for the voluntary public takeover offer to acquire a controlling interest pursuant to Section 25a of the Austrian Takeover Act to the shareholders of S IMMO AG today.
Shareholders of S IMMO may accept the offer from 19 May 2021 until 16 July 2021, 17:00 (Vienna local time).\nThe price per S IMMO share offered to the shareholders of S IMMO is EUR 22.25.
Further information under http://www.immofinanz.com\nThis announcement is issued by IMMOFINANZ AG (IMMOFINANZ) in connection with the takeover offer for the shares of S IMMO AG (Takeover Offer) and is for information purposes only.

DGAP-News: IMMOFINANZ AG requests convocation of an extraordinary shareholders' meeting of S IMMO AG

Retrieved on:

Wednesday, April 7, 2021

Immofinanz, Meetings, Shareholders, Immo, Annual general meeting

IMMOFINANZ has requested S IMMO to convene an extraordinary shareholders' meeting.

Key Points:

IMMOFINANZ has requested S IMMO to convene an extraordinary shareholders' meeting.
This is an important basis for the shareholders of S IMMO to decide whether to accept the offer within the acceptance period.
The extraordinary shareholders' meeting must be convened by the executive board of S IMMO without undue delay and a date must be set with a 21-day notice period.
Moreover, it is neither an offer to purchase nor a solicitation to sell securities of S IMMO AG (S IMMO) or IMMOFINANZ AG (IMMOFINANZ).

DGAP-News: Aggregate Holdings S.A.: Acquisition of increased minority stake in S IMMO

Retrieved on:

Thursday, February 11, 2021

Immofinanz, Immo, Stakeholder

Aggregate Holdings S.A. ("Aggregate"), the Germany-focussed property investment company, today announces that it has increased its minority stake in S IMMO AG ("S IMMO") to 10.79%.

Key Points:

Aggregate Holdings S.A. ("Aggregate"), the Germany-focussed property investment company, today announces that it has increased its minority stake in S IMMO AG ("S IMMO") to 10.79%.
As announced previously on 29 January 2021, Aggregate had an existing stake of 9.03% over which it had acquired joint control, and it has now acquired a further 1.76% stake and sole control over the 9.03% stake.
These investments in S IMMO and IMMOFINANZ demonstrate Aggregate's long-term strategic commitment towards two significantly undervalued and high-quality commercial real estate businesses as well as its long-term commitment to all their stakeholders and to Austria.
Aggregate believes that the fundamental value within these companies will provide significant value creation to all shareholders through the communicated strategy.

DGAP-News: Aggregate Holdings S.A.: Acquisition of minority stakes in S IMMO and IMMOFINANZ

Retrieved on:

Friday, January 29, 2021

CA Immo, Immo, Immofinanz

Aggregate has acquired joint control over a 9.03% stake in S IMMO AG ("S IMMO"), the Vienna-listed real estate company focussed on capital cities across Germany and Austria.

Key Points:

Aggregate has acquired joint control over a 9.03% stake in S IMMO AG ("S IMMO"), the Vienna-listed real estate company focussed on capital cities across Germany and Austria.
The S IMMO portfolio comprises of c.70% commercial properties and c.30% residential properties, with c.70% of the portfolio located in Germany.
Additionally, S IMMO has a c.6% strategic minority stake in CA Immobilien Anlagen AG ("CA Immo").
Aggregate Holdings SA ("Aggregate") is a predominantly German-focussed real estate investment company, with interests also in Portugal.