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Immofinanz Group Acquires Office Development Project in Düsseldorf
The Austrian Group announces the acquisition of the remaining 50% stake in the Panta Rhei, a planned office development project in Düsseldorf, from the co-owner Frankonia Group.
Immofinanz Group Acquires Office Development Project in Düsseldorf / Picture: © Vindobona.org
The office development project was originally planned as a 50:50 joint venture, but Immofinanz Group has decided in favour of a full takeover. The parties have agreed not to reveal any information on the purchase price.
“Our real estate machine is running smoothly – and the purchase of the remaining stake in the Panta Rhei is a perfect example.…
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