Dirk Adriaenssen appointed Managing Director of Redevco Central Europe and Redevco Switzerland

Dirk Adriaenssen has been appointed Managing Director of Redevco Central Europe and Switzerland, effective 15 May 2013. Adriaenssen, currently working at Redevco Belgium, succeeds Adam Starr, who was recently appointed Managing Director... more...

Tuesday, 29. January 2013

Airport Vienna: 5.0% increase in passengers in 2012

Vienna Airport set a new record in 2012 with a total of 22,165,794 passengers. This year-on-year increase of 5.0% matched the company’s targets for 2012 and placed Vienna significantly above the European average of 1.9% (for 1-11/2012... more...

Thursday, 17. January 2013

LaSalle Hotels completes sale of Austria hotel portfolio

Jones Lang LaSalle Hotels announces the successful sale of the Austria Hotels International Portfolio on behalf of Austria Hotel Liegenschaftsbesitz AG and Austria Hotels Liegenschaftsbesitz CZ s.r.o., wholly owned subsidiaries of Uniqa... more...

Wednesday, 26. December 2012

Corestate acquires land plot for student accommodation development in Vienna

Corestate has acquired a 6,500 sqm land plot in Vienna, Austria, for a 25,000 sqm student accommodation led development. The company plans to develop a high quality student housing scheme, with a projected market value after realisation... more...

Tuesday, 11. December 2012

S Immo scales down Management Board

S Immo AG announces that the number of Management Board members will be reduced from three to two. It has been amicably agreed that Holger Schmidtmayr's current term of office, set to expire on 31 January 2013, will not be extended. His... more...

Thursday, 29. November 2012

Warimpex with slightly negative results

Warimpex Finanz und Beteiligungs AG succeeded in further expanding its hotel operations in the first three quarters of 2012. Occupancy improved in nearly all markets, and the room rates also increased at most establishments. As a... more...

Thursday, 29. November 2012

Conwert increases EBT to € 22,5 Mio.

The Austrian ATX-traded conwert Immobilien Invest SE increased earnings before tax (EBT) to € 22.5 mill. as of 30 September 2012 after the previous year had been characterised by one-off effects (1-9/2011: € 3.4 mill.). The essential... more...

Friday, 23. November 2012

S Immo presents third-quarter figures

Austrian-based S Immo raised its profit for the quarter by 0.7% to €20m. Earnings per share came in at €0.29, 5 Cent more than in 3Q 2011 (€0.24). Total gains from property divestments were €130m. Accordingly, the company's... more...

Thursday, 22. November 2012

CA Immo increases rental by 9.5%

The first nine month of the year have brought positive results for CA Immo in all its operational business areas. Compared to the same period last year, rental income increased by 9.5% to € 212.2 m. The increase in rent was mainly the... more...

Wednesday, 21. November 2012

Bosch leases 21,500 m² of Silbermöwe office building in Vienna

Robert Bosch AG is letting the entire floor space of the Silbermöwe office building on the Lände 3 site for a period of at least 10 years. Landlord is CA Immo. The volume of 21,500 m² makes this the largest new letting on the Vienna... more...

Friday, 16. November 2012

Marcus Wild receives ISA certificate - Photo: Marcus Wild receives ISA certificate

SES Spar joins sustainability alliance

SES Spar has become the latest member of the International Sustainability Alliance (ISA). As an ISA member, SES Spar European Shopping Centers joins leading corporate real estate owners, occupiers, developers and investors who collectively... more...

Thursday, 8. November 2012

Immofinanz sold seven apartment houses in Vienna

Immofinanz Group recently announced the sale of an apartment building on Mariahilfer Strasse 53 in Vienna and is now continuing its portfolio optimisation. Over the past months the Group has sold seven further apartment buildings in... more...

Wednesday, 31. October 2012

Euro Plaza 4 office building, Vienna, Austria, - Photo: Euro Plaza 4 office building, Vienna, Austria,

Union Investment acquires fully-let office property in Vienna

Union Investment Real Estate GmbH continues to invest actively in the European core markets, with the real estate property management company acquiring the fully-let Euro Plaza 4... more...

Tuesday, 23. October 2012

Europa Capital, Michael Abel, Acquisitions Team for Germany - Photo: Europa Capital, Michael Abel, Acquisitions Team for Germany

Europa Capital appoints Michael Abel to the Acquisitions Team for Germany

Europa Capital announced the appointment of Michael Abel to the Middle Europe team where he will be responsible for sourcing and executing transactions in Germany, Austria and... more...

Wednesday, 17. October 2012

Vienna Airport: Plus 3.6% in passengers during September

The number of passengers handled by Vienna Airport rose 3.6% year-on-year to 2,173,656 in September 2012. Flight movements declined by 1.4%, while maximum take-off weight (MTOW) and cargo declined 1.6% and 11.5%, respectively. The... more...

Thursday, 11. October 2012

Immofinanz brings Stop.Shop. to Austria

On 1 October 2012 Immofinanz Group will begin the rollout of its successful Stop.Shop. retail park chain in Austria. In total, the company will convert nine existing retail parks into Stop.Shop.s: These facilities will be modernised and... more...

Monday, 1. October 2012

Manfred Wiltschnigg to resign from Immofinanz Executive Board

According to Immofinanz Group, Manfred Wiltschnigg, COO of Immofinanz AG, has announced his intention not to extend his contract and will leave the company at the end of his regular term of office on 31 March 2013. more...

Thursday, 27. September 2012

Immofinanz: Rental income rose by 14.2%

Immofinanz Group started the 2012/13 financial year on a successful note with a strong improvement in operating results, continuing the trend set in earlier quarters. Rental income rose by 14.2% year-on-year to € 162.3 million, above... more...

Tuesday, 25. September 2012

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