S Immo AG: Disposal Target for 2013 Exceeded

People ♦ Published: December 11, 2013; 11:19 ♦ (Vindobona)

S Immo sold a further five properties.

S Immo AG: Disposal Target for 2013 Exceeded / Picture: © S IMMO AG / Overmann

Stock exchange listed company S Immo AG (Bloomberg: SPI:AV, Reuters: SIAG.VI) has exceeded its goal of selling properties with a value of approximately EUR 100m this year and will post total disposals of around EUR 130m in 2013. CEO Ernst Vejdovszky reported, “As at 30 September 2013, the proceeds from property sales already came to EUR 90m. The disposals were in Austria and Germany.…