IC manages renewal of lease contract with Jobcenter in Chemnitz

Unterschleißheim near Munich, 12 September 2012 – The IC Immobilien Gruppe has managed to renew a lease contract with the Chemnitz Job-center which has been running since 1999; the leased building is included in the closed-end real estate fund "IC Fonds Deutschland 15". Including storage, the agency uses nearly 97 per cent of the fully let office and admi-nistration building, situated at Heinrich-Lorenz-Strasse 35, which has an total rental area of 5,845 square metres. The fund, which was set up in 1997, includes further properties such as the "Chemnitzpassage" mall in Chemnitz city centre, the Park Plaza Hotel in Dresden, and an office building in Quickborn near Hamburg which is completely let to the Comdirect bank.

About IC Immobilien Gruppe:
The IC Immobilien Gruppe focuses on asset and property management for german and international, institutional real estate investors. Besides this, the group, with its head office in Unterschleissheim near Munich, manages real estate funds issued both by the company and by third parties. With nine sites and around 280 employ-ees, IC covers almost the whole of Germany. The IC Group provides services to a total of over 15,000 private and institutional investors and administrates an investment volume of about 12 billion euros.