Mobimo Holding AG completes acquisition of 04Real AG

Mobimo Holding AG / Acquisition

04.05.2010 19:11

Dissemination of a Adhoc News, transmitted by
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The issuer is solely responsible for the content of this announcement.

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M e d i a  R e l e a s e


Mobimo Holding AG completes acquisition of 04Real AG 

Lucerne/Lausanne, 4 May 2010 - Mobimo Holding AG concluded the purchase of
100% of the shares in 04Real AG today. An agreement to this effect had
already been signed on 22 December 2009.

04Real AG owns the 12,600 m2 property situated between Avenue d'Ouchy,
Avenue de la Gare and Place de la Gare, directly adjacent to Lausanne's
main railway station. The build-ing complex is being repurposed and
comprises total rental space of 45,000 m2. In addition to its central
location, the property stands out through its exquisite, unobstructable
view of the lake, city and Alps.

'We are pleased to have the opportunity to manage this interesting and
highly promising development project through our team in Lausanne,'
enthused Christoph Caviezel, CEO of Mobimo Holding AG. The property offers
the option of committing about 20,000 m2 of extra usable space for
apartments or something similar. Mobimo plans to set up an attractive and
distinctive real estate development area in the floors below ground near
the station (the former Postbahnhof).


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Information and Explaination of the Issuer to this News:

About Mobimo
Mobimo Holding AG was established in Lucerne in 1999 and has been listed on
the SIX Swiss Ex-change since 2005. The Mobimo Group has an attractive
portfolio mix of investment properties pro-viding stable income and
development properties offering extensive value enhancement potential.
Investments are focused mainly on promising locations in the business
centres of Zurich, Lu-cerne/Zug, Basel, St. Gall and Lausanne/Geneva.
Mobimo has an attractive overall portfolio worth CHF 1,9 billion,
comprising 112 investment properties with target rental income of some CHF
92 million and development properties for its own portfolio and for
condominium sales with a current investment volume of CHF 550 million. This
makes Mobimo one of the leading real estate companies in Switzerland.
Further information can be found at www.mobimo.ch.


For enquiries please contact: 
Mobimo Holding AG
Dr. Christoph Caviezel, CEO
Manuel Itten, CFO
044 397 11 86 
ir@mobimo.ch




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