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Immofinanz Expands Investor Base
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In order to gain U.S. investors, the Austrian real estate company started an American Depositary Receipt program.
Immofinanz Expands Investor Base / Picture: © Immofinanz
Starting on 4 May 2012 Immofinanz will launch a sponsored Level 1 American Depositary Receipt (ADR) program. American Depositary Receipts are US dollar denominated securities representing ordinary shares listed on the Vienna Stock Exchange, that allow US investors to indirectly purchase shares of Immofinanz in the US market. Deutsche Bank Trust Company Americas will serve as the…
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