Conwert to Leave Germany?

Professional ServicesReal Estate ♦ Published: April 16, 2014; 18:56 ♦ (Vindobona)

A consortium of investors is highly interested in the German subsidiary of the Austrian real estate group. The consortium is led by conwert´s former board director Johannes Meran.

Vienna-listed conwert is said to withdraw from Germany / Picture: ©

Today, conwert´s CEO Clemens Schneider confirmed that conwert has received an offer from the consortium. “At the moment, we are examining the offer thoroughly.”

Schneider´s comment is contravenes a statement released yesterday. A spokesperson commented that conwert will not change its strategy. “Conwert is focusing on realizing the growth potential in Germany.” the…