Major Sale at Immofinanz

Published: February 13, 2012; 13:39 · (Vindobona)

The Austria real estate group sells an inner city palace in Vienna. The sale price reaches € 22m.

Major Sale at Immofinanz / Picture: © Immofinanz

Immofinanz Group, Austria’s largest real estate investor and developer, has sold a historical inner city office building in Vienna to a private asset management firm. This property was built in 1718 as the Batthyány Palace and is located at Bankgasse 2 in the first district. The € 22m sale price for this property with over 3,300 sqm of rentable space exceeds the carrying amount by…

This article includes a total of 222 words.

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