Bank Austria Sells Prominent Property "The Mall" to Morgan Stanley Consortium

Published: October 22, 2015; 18:42 · (Vindobona)

UniCredit Bank Austria AG announces that the purchase agreement for the shopping centre The Mall at Wien Mitte was signed with Morgan Stanley Real Estate Investing (MSREI), pending approval by the antitrust authorities.

Bank Austria Sells Prominent Property "The Mall" to Morgan Stanley Consortium / Picture: © WIEN MITTE The Mall

UniCredit Bank Austria sells The Mall to a consortium led by Morgan Stanley Real Estate Investing (MSREI)

The transaction is expected to be finalised before the end of 2015 following the positive outcome of the antitrust review.

The parties have agreed not to disclose the details of the transaction or the purchase price.

About The Mall

With 30,000…

This article includes a total of 132 words.

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