Leasing Business Boom in Austria
Published: March 18, 2011; 01:07 · (Vindobona)
Because of capital requirements and rigid lending conditions, leasing gains in importance as a financing alternative.
Leasing Business Boom in Austria / Picture: © Vindobona.org
After the dampened demand due to the financial crisis, the leasing industry grew again in the financial year 2010 in all categories: The volume of new transactions increased by 8.8% to € 5.7 compared with the previous year.
Real estate leasing had a significant share in the growth, with an increase of 26.3% (volume of new transactions € 1.16bn). Equipment leasing rebounded…
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