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: © Vindobona.org

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…