Major Offer for Vienna International Airport by Petrus Advisers

Professional ServicesReal Estate ♦ Published: February 8, 2012; 12:27 ♦ (Vindobona)

The London-based real estate company made a € 450m offer to VIA. However, the demanded property is not for sale.

Major Offer for Vienna International Airport by Petrus Advisers / Picture: © Vienna Airport / Flughafen Wien AG

Petrus Advisers, which is the major shareholder of the Austrian real estate company conwert, confirmed to have made an offer to Flughafen Wien (Vienna International Airport). The London-based company regards certain real estate objects as substantially undervalued. The offer totals € 450m. Petrus Advisers is also a shareholder of VIA.

“The intrinsic value of real estate and…