The new properties are located in Zambrów and Krakow. The investment total amounts to 16.4 million euros and the retail properties cover effective floor area of about 11,000 sq m.

Trei Real Estate GmbH (“Trei”), an international developer
and asset holder for residential and retail real estate, just opened another three retail parks of
the Vendo Park brand in Poland.

On behalf of the property owner, ambas Real Estate GmbH has successfully let 5,000 sq m of space of the York-Center retail park in Münster to the french sporting goods manufacturer and retailer DECATHLON.

After the completion of the mandatory takeover offer of CPI Property Group on IMMOFINANZ, today the Supervisory Board and the members of the Executive Board Dietmar Reindl and Stefan Schönauer mutually agreed in relation to the Change of Control Event, that their contract as board members shall end on the 8th of June 2022. Dietmar Reindl and Stefan Schönauer will continue to work for the Company as advisors to the Executive and Supervisory Board until 31st of December 2022.