Immofinanz: Buwog’s Spin-Off Approved

People ♦ Published: March 14, 2014; 18:07 ♦ (Vindobona)

In an extraordinary shareholder meeting, the spin-off of residential real estate affiliate of Immofinanz was approved by the shareholders.

Shareholder gave green light to the spinoff of Buwog, residential real estate affiliate of Immofinanz / Picture: © Immofinanz

Listed real estate company Immofinanz holds out the prospect to its shareholders of a dividend in the coming business year 2014/15. This was announced by Daniel Riedl, member of the managing board, in an extraordinary general meeting, according to the company’s press release.

During the meeting the shareholders, as expected, gave green light to the spinoff of Buwog, residential…

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