Bawag Sells Headquarter Building

Professional ServicesBanks ♦ Published: November 23, 2013; 10:17 ♦ (Vindobona)

In order to improve its equity base, the Austrian banking group sells the headquarter building in Vienna´s City.

Bawag Sells Headquarter Building / Picture: © BAWAG

According to Bawag´s management, the bank will focus on the operating banking business. There are several potential buyers for the headquarter building, the bank confirmed.

One of the potential buyers is the Austrian real estate investor Rene Benko. A subsidiary of Rene Benko´s investment company Signa has already submitted an offer to Bawag.

Bawag´s headquarter…