Immofinanz: Expansion into Germany

Professional ServicesReal Estate ♦ Published: December 17, 2012; 22:35 ♦ (Vindobona)

The Austrian real estate company intends to deploy treasury shares to obtain bank financing in order to continue the expansion into Germany.

Immofinanz: Expansion into Germany / Picture: © Vindobona.org

Immofinanz AG listed in the prime market of the Vienna Stock Exchange intends to deploy treasury shares for financing agreements to be con-cluded with banks. The financing volume amounts to € 150m over a term of up to three years.

The executive board of Immofinanz AG resolved today, subject to the approval of the supervisory board, based on the authorisation pursuant to…

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