Immofinanz to Double Sales

Published: August 8, 2012; 12:42 · (Vindobona)

In three years, the Austrian property company aims to increase sales and re-investments to € 1.0bn from € 500m.

Immofinanz to Double Sales / Picture: © Immofinanz Group / Press Photo

In the near future, Immofinanz wants to accelerate ist business remarkably. According to CEO Zehetner, Immofinanz may only earn money with the turnover of properties. At the moment, Immofinanz has assets worth € 10bn. The turnover rate should increase from 5% to 10%, Zehetner says. The average retention period should decrease to ten years. Regarding commercial properties, the…

This article includes a total of 121 words.

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