Austria: Immofinanz Group Sells Hilton Vienna Danube

Professional ServicesReal Estate ♦ Published: September 2, 2013; 10:46 ♦ (Vindobona)

Immofinanz Group sells Hilton Vienna Danube above the carrying amount of the property.

Austria: Immofinanz Group Sells Hilton Vienna Danube / Picture: © Immofinanz

Immofinanz Group announces the closing of the sale of the Hilton Vienna Danube for EUR 48.4 million to a subsidiary of Internos Real Investors Kapitalanlagegesellschaft, Frankfurt am Main. This transaction, which continues the company‘s exit from the non-core hotel business, took place above the carrying amount of the property. The parties have agreed not to disclose any further…