Sale of HETA Leasing Portfolio - HARAT

Leasing exposure ca. € 30 Million ‖ 17 performing contracts ‖ Mainly real estate leasing contracts plus a small number of real estate owned ‖ Lessees in Upper Austria, Lower Austria, Burgenland, Styria and Carinthia ‖ Good potential income ‖ Mixed portfolio comprising different types of real estate

HETA Asset Resolution Leasing GmbH ("HARAT") and Cedrus Handels- und Beteiligungs GmbH("CEDRUS"), both subsidiaries of HETA ASSET RESOLUTION AG ("HETA"), an Austrian stock company wholly owned by the Republic of Austria, intend to divest all shares in HETA Grund- und Bau Leasing GmbH and HETA Immobilien- und Bauconsult GmbH (the "Target Companies") in an open, transparent, unconditional and non-discriminatory sales process (the "Sales Process")

 

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