CA Immo Sells Major Stake of Skyline Plaza

Lifestyle & TravelPersonal Real Estate ♦ Published: September 12, 2011; 14:48 ♦ (Vindobona)

Together with ECE, the Austrian real estate company sells a 80% stake on the project Skyline Plaza, which is a shopping center in Frankfurt, Germany.

CA Immo Sells Major Stake of Skyline Plaza / Picture: © Vindobona.org

The German insurance group Allianz buys a 80%-share of the shopping center Skyline Plaza. CA Immo Germany and ECE, which sold the major stake, will keep a 10%-treshold. The investment volume on Skyline Plaza amounts to € 360m.

In autumns 2013, the shopping center will be opened. “After the realization of `Tower 185”, the Skyline Plaza will be a further prestige project in…