Immofinanz Acquires Office Property in Warsaw

Lifestyle & TravelPersonal Real Estate ♦ Published: June 10, 2011; 15:29 ♦ (Vindobona)

The Austrian real estate company already held 51% of the property and is now becoming the sole shareholder. The transaction includes the sale of another object to a project partner.

Immofinanz Acquires Office Property in Warsaw / Picture: ©

The Immofinanz Group announced that it is taking its next growth and optimization step in Warsaw, currently the most attractive market for office properties in Eastern Europe. The company is acquiring the remaining 49% of the Warsaw Class A office property Equator and the adjoining office development project Nimbus from the former project partner, the developer Karimpol S.A. In…