Immofinanz Sells Office and Retail Property in Vienna

Published: May 30, 2011; 15:17 · (Vindobona)

The Austrian real estate group sold a property located at Simmeringer Hauptstraße in Vienna to HIH Global Invest GmbH for € 29.2m.

Immofinanz Sells Office and Retail Property in Vienna / Picture: © Vindobona.org

“The three major revenue-generators for the Immofinanz group are the management, development and realization of properties. Our goal is to raise the fair value of the objects in our portfolio through professional management and to subsequently realize this value increase through a sale. The object in Simmeringer Hauptstraße is a perfect example of this successful strategy. Our next…

This article includes a total of 226 words.

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