Real Invest Austria Sees “Strong Growth”

Professional ServicesReal Estate ♦ Published: January 9, 2012; 12:57 ♦ (Vindobona)

Real Invest Austria, a subsidiary of Bank Austria, has over € 1.7bn under management. Outlook for 2012: Further expansion of real estate assets planned.

Real Invest Austria Sees “Strong Growth” / Picture: ©

Real Invest Austria, continued the positive trend from past years in 2011. The flagship of Bank Austria Real Invest bought properties worth roughly € 400m and saw around € 230m in net capital inflow last year. As of the end of December, the fund had over € 1.7bn under management. In total, Real Invest Austria purchased 19 new properties in 2011.

According to Gerhard Dreyer,…