Warimpex Finanz- Und Beteiligungs Ag Reports Earnings Results for the Full Year Ended December 31, 2019

Warimpex Finanzund Beteiligungs AG is an Austria-based real estate development and investment company. It develops real estate with a focus on offices and hotels and operates projects itself. The Company's core business is the construction and operation of offices and hotels in Central and Eastern Europe and Russia. Through this combination of real estate development and asset management, the Company sees itself as a hybrid real estate company that operates assets itself after their completion and sells them depending on the market situation The Company provides real estate development and operational optimisation of commercial properties such as office buildings and hotels. It acts as a developer in all phases of development. The majority of the properties are office buildings and hotels in Poland, Russia, Hungary, Germany and Austria.