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13 February 2012

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Austria's CA Immo to sell shares off market, issues e150m bond

Austrian listed property investor CA Immo is to re-sell off the stock market up to 1.5m of its own shares, 1.71 % of equity, which it purchased between July and October 2008 in a buy-back program. It also recently launched a e150m bond issue, which was subscribed within 24 hours mainly due to strong demand from Austrian retail investors. Both moves aim to further strengthen liquidity within the group.

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