Raiffeisen Evolution shifting back

Professional ServicesReal Estate ♦ Published: August 26, 2010; 18:19 ♦ (Vindobona)

The real estate developer Raiffeisen evolution (RE) was significantly affected by the uncertainty in the property markets in 2009.

Raiffeisen Evolution shifting back / Picture: © Raiffeisen Evolution

Project volume of €2.6b ($3.3), well below last year

The real estate developer Raiffeisen evolution (RE) was significantly affected by the uncertainty in the property markets in 2009.

The project volume amounted to €2.6b ($3.3), well below the previous year in 2008, when €3,6b ($4.57) has been achieved in a “not repeatable, one-off market base”, as the…