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Sparkassen Immobilien AG: 3rd Quarter Report 2009 – Cash Flow Record

Sparkassen Immobilien AG 3 quarter 2009: increase sales and rental income, and cash flow the listed Sparkassen Immobilien AG the first three quarters 2009 operating successfully concluded. The sales of the first three quarters of 2009 (tinyurl.com/yjnmwsf) amounted to EUR 86.0 million (Q3 2008: EUR 81.5 million). Of which EUR accounted for 66,62 million on rental income. This means an increase of 6% and 4% compared to the same period in 2008. The results of the devaluation are not significantly higher than in 2008, when it could not yet estimate the impact of the crisis in 2009. Thanks to the timely progress of all development projects the Sparkassen Immobilien AG increased its real estate assets 1,839 billion by September 30, 2009 in the period under review to EUR Sparkassen Immobilien AG’s portfolio included 260 properties with a total area of 1.515.100 m. The occupancy rate of the real estate is constant 90.2%; the gross rental yield was 6.7%.

Reserves of Sparkassen Immobilien AG are the cash at EUR 188 million positive The Sparkassen Immobilien AG continued momentum in the period under review on the capital market: the good performance of the IMMO s stock this year in the third quarter 2009 unabated stopped. The third quarter was successfully completed with a year end price of 5,22 EUR and a year to date performance by 163,6%. Managed hence the ATX traded on a nine month basis by 50.6%, to surpass significantly. The Sparkassen Immobilien AG is one of first group and the Vienna insurance group two of the largest financial institutions in the region with its core shareholders. There is again reinforced interest also from other institutional investors. Immo s cash flow is at record levels and it comes with a real estate company.