Immofinanz Acquires Property in Warsaw

Published: September 22, 2011; 10:30 · (Vindobona)

The Austrian real estate company made its largest office property acquisition since 2008. The purchase price is € 102m.

Immofinanz Acquires Property in Warsaw / Picture: © Vindobona.org

Immofinanz Group continues to expand its portfolio in the most dynamic CEE market: as of 21 September 2011 the Austrian real estate investor and developer purchased the Park Postepu, a fully rented, modern office property in Warsaw, from the Polish Echo Investment S.A. for about € 102m. For Immofinanz, this is the largest office property acquisition since 2008.

The newly…

This article includes a total of 310 words.

or Log In

Fast News Search