CA Immo Invests in Munich

Published: November 21, 2011; 11:35 · (Vindobona)

The Austrian real estate group purchased a 50% stake in the Skygarden project in Munich. The acquired property value amounts to around € 63m.

CA Immo Invests in Munich / Picture: ©

“By acquiring the OFB shares, we are consolidating our investment on the Munich real estate market, which will continue to be key for us in future, and at the same time enhancing the asset portfolio of CA Immo with another landmark property”, says Dr. Bruno Ettenauer, Chief Executive Officer of CA Immo, commenting on the acquisition.

The office building, which was completed…

This article includes a total of 280 words.

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