Réné Benko Has already Invested 700 Million Euro This Year

People ♦ Published: October 19, 2010; 17:55 ♦ (Vindobona)

The Tyrolean invests as heavily as before in Vienna and Innsbruck real estate. As to Eastern Europe, he expresses cautious optimism.

Réné Benko Has already Invested 700 Million Euro This Year / Picture: © Vindobona.org

Réné Benko, a real estate investor from Tyrol, seems to know only one direction: upwards. His Signa group of companies already encompasses a volume of 4.5 billion euro. Alone in 2010 700 million euro were invested in property, contrary to the current trend in the industry. Last year it was 500 million euro.

The situation in Austria has remained relatively stable despite the…