Buwog Soon to be Listed at Three Stock Exchanges

People ♦ Published: April 24, 2014; 15:19 ♦ (Vindobona)

Immofinanz‘ residential real estate affiliate Buwog will celebrate its IPO at the stock exchanges in Frankfurt and Vienna on Monday, April 28 and in Warsaw on Tuesday, April 29.

Buwog will go public next week. / Picture: © BUWOG - Bauen und Wohnen Gesellschaft mbH

On May 15 a special general meeting will take place which will involve the election of the supervisory board. Moreover, the management will present the residential real estate subsidiary Buwog of listed Immofinanz and intends to seek the authorization for the reacquisition and selling of its own shares through an inventory resolution.

The spin-off of 51 percent of shares in…