Fabasoft AG: Fabasoft acquires an office building in Linz » InvestorPlus

Fabasoft acquires an office building in Linz

Linz, November 4, 2024 – Fabasoft AG and some of its affiliated companies were already headquartered at Honauerstrasse 2 and 4, 4020 Linz. Now this place is being strengthened by acquiring the office building with Fabasoft. The new project company Hon24 Immobilien GmbH (one shareholder of Fabasoft AG) signed the purchase agreement with the previous owner on October 30, 2024 for a purchase price of EUR 15 million.

Part of EUR 12 million will be financed independently and with similar conditions through the project company. Fabasoft AG has pledged a contribution of EUR 4 million for the remaining amount as well as additional taxes (real estate transfer tax, legal registration fee for property and lien).

The purchase contract should be completed in the land register as soon as possible.

About Fabasoft

Fabasoft is one of the leading software product companies and cloud service providers for digital document, process and file management in Europe. With the unique Fabasoft PROCECO ecosystem, Fabasoft combines powerful software solutions for document-intensive business processes. Several well-known private companies and public administration organizations have trusted Fabasoft’s quality and expertise for more than three decades.

Fabasoft AG (ISIN AT0000785407; WKN 922985; Bloomberg Code FAA GY; Reuters Code FAA.DE)

Linz, November 4, 2024
Mag. Klaus Fahrnberger, Investor Relations Manager
Email: ir@fabasoft.com, Phone: +43 732 60 61 62