Real Estate Industry

Immofinanz: Net Income Decreases by 57%

Immofinanz AG showed half as much profit in the first quarter after its merger, as a lasting non-recurring effect from the first quarter. Earnings per share diluted after the merger with Immoeast.

September 27, 2010

CA Immo International completes first phase of DIY store OBI in Romania

Construction phase one of the retail development project in Sibiu has been concluded - DIY store OBI opens with 9,700 sqm of usable space.

September 2, 2010

Raiffeisen Evolution shifting back

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

August 26, 2010

Eco Business back in black

The listed Eco Business Immobilien AG registers positive numbers in the first half of the year.

August 24, 2010

Strabag sells joint venture share to Sberbank

Strabag sold its 49 percent share of the housing-development joint venture to the Russian Sberbank.

August 23, 2010
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