CA Immo Secures Refinancing for Project in Budapest

Published: January 10, 2012; 12:42 · (Vindobona)

The Austrian real estate company CA Immo has agreed on refinancing for an office building in Budapest with Bank Austria. The investment totals € 27.0m.

CA Immo Secures Refinancing for Project in Budapest / Picture: © Flickr

The property, which offers rentable office space of 24,000 sqm, has been part of the asset portfolio of CA Immo since early 2011 as a result of the Europolis acquisition. Refinancing of the building for around € 27.0m has now been agreed with UniCredit Bank Austria AG.

According to Dr. Bruno Ettenauer, Chief Executive Officer of CA Immobilien Anlagen AG, “Financing conditions…

This article includes a total of 245 words.

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