Immofinanz: Record Letting Results for German Subsidiary

Professional Services › Real Estate ♦ Published: January 12, 2011; 00:08 ♦ (Vindobona)

The Austrian Real Estate Group benefits from the upswing in the German property market.

Immofinanz: Record Letting Results for German Subsidiary / Picture: © Vindobona.org

Deutsche Lagerhaus, a 90% subsidiary of the Immofinanz Group with 31 properties covering 980,000 sqm of rentable logistics space at 26 locations in Germany and Switzerland, set a new record for letting results in 2010.

The active management of standing investments has been a focus of activities since 2009, whereby the objectives are to further reduce the vacancy rate and optimise…

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