Conwert Changes Strategy

People ♦ Published: October 20, 2013; 22:28 ♦ (Vindobona)

The Vienna-listed real estate group will strengthen its portfolio in Germany. Moreover, conwert faces a change in leadership.

Conwert Changes Strategy / Picture: © Conwert

In future, conwert will put more effort into the expansion to Germany. According to conwert, the German real estate market records higher yields. As a result, conwert´s real estate portfolio will give Germany more weight. Austria´s share, by contrast, will be lowered from 35% to 20%. Already in 2012, investments in Germany were bigger than in Austria. Furthermore, conwert will…

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