ÖVAG Bundles Real Estate Activities

Professional ServicesBanks ♦ Published: March 24, 2011; 01:16 ♦ Updated: March 24; 01:17 ♦ (Vindobona)

Austrian Volksbanken-AG (ÖVAG) bundles its real estate activities in the competence center "VB Real Estate Services”.

ÖVAG Bundles Real Estate Activities / Picture: © Wikipedia / MrPanyGoff

Previous activities included financing, leasing, project development, asset management, and management of the immofonds 1 through Immo KAG.

Within the framework of this grouping, the two real estate companies Immoconsult Leasing Gesellschaft m.b.H. and Premiumred Projektentwicklungsgesellschaft m.b.H. were merged as VB Real Estate Services GmbH. The merger also broadens the range…