Cookie Error:

Cookies deactivated. To use all functions on this portal, for example the login, Cookies must be activated. Please activate Cookies in your browser settings.

» Chronological View: " Austria " «

UBM and S Immo sell Vienna office development to EPH for €233m

Almost one and a half years before completion, UBM Development and its joint venture partner S Immo have sold the last section of the Quartier Belvedere Central (QBC) to the international investor EPH Eastern Property Holdings. The forward deal covers the QBC 1 & 2 office properties with over 38,000 m² of lettable space and t...
Thursday, 22. August 2019

Commerz Real sells “Optimum” in Vienna for €55 million to Conren Land

Commerz Real has sold the Vienna office property Optimum for approx. 55 million euros to a core-plus investment vehicle managed by Conren Land. Built in 2000, the building at Dresdner Straße 81-85 / Traisengasse 1 in the partial market Prater / Lasallestraße has been in the portfolio of the Commerz Real open-ended real estate...
Wednesday, 10. July 2019

UBM acquires property at top location in Vienna from S Immo

UBM Development acquired a property in one of Vienna's best locations from S IMMO at the beginning of July. It is located between Siebenbrunnengasse and Stolberggasse in the Fifth District and was owned by S Immo AG since 2015. Several buildings are situated at the site, which covers over 9,000 m².
Wednesday, 10. July 2019

Dr. Ralf Schneider leaves CA Immo

Dr Ralf Schneider (52) left CA Immo on 30 June 2019 at his own request, in order to pursue new opportunities in the real estate industry. He will become a partner and managing director at RT² Projektentwicklung GmbH, where he will be responsible for urban district and project development in cooperation with well-known portfol...
Tuesday, 2. July 2019

S immo AG: Positive trend continues in first quarter

The listed real estate investment company S Immo AG continued its positive trend in the first quarter of 2019 and saw further improvements in key figures. “S IMMO is once again on course for substantial growth in the current financial year. We achieved a significant increase in revenues and a further improvement in key operat...
Monday, 27. May 2019

Signa completes sale of Kika eastern Europe to XXXLutz

Since the Signa Group acquired the long-standing company Kika/Leiner in June 2018, the investment company has focused all the company's activities on its Austrian core business again. Previously operated independently of the Austrian core business, Kika's eastern European business has now been sold to XXXLutz as part of this ...
Friday, 24. May 2019

Big Deal - Quadoro sells T-Center in Vienna for €300m

Quadoro Real Estate GmbH, consultant to the GENO EuropaFonds, Wien fund, has brokered the sale of the “T-Center” in Vienna’s 3rd district to a South Korean investor consortium led by KTB Investment & Securities and KTB Asset Management. At approximately €300 million, the sale is one of the largest real estate transactions in ...
Monday, 20. May 2019

Andaz brand debuts in Austria with the opening of Andaz Vienna Am Belvedere

Hyatt Hotels Corporation announced today that Andaz Vienna Am Belvedere opened on 30 April 2019, marking the Andaz brand’s entry into Austria. Located in the new Quartier Belvedere, the property is the fourth Andaz branded hotel in Europe, joining Andaz London Liverpool Street, Andaz Amsterdam Prinsengracht and the recently o...
Tuesday, 7. May 2019

Vonovia's FFO rises 20%

Vonovia SE (is making a successful start to 2019. In the first three months of 2019, Vonovia increased its Group FFO (operating result after interest and taxes) to € 303.6 million (Q1 2018: € 253.0 million). This development is due largely to the acquisition of Victoria Park in Sweden and Buwog in Austria.
Tuesday, 7. May 2019

Immofinanz: Two new members recommended for the Supervisory Board

The Supervisory Board of Immofinanz AG will make a proposal to shareholders at the 26th annual general meeting on 22 May 2019, which calls for the election of Bettina Breiteneder and Sven Bienert to the Supervisory Board. Both are well-known managers with many years of experience in real estate and finance as well as extensiv...
Wednesday, 1. May 2019

AEW appoints Bianca Kraus as Director of Investor Relations

AEW has appointed Bianca Kraus as a Director of Investor Relations with responsibility for German-speaking clients. Kraus will be based in Munich and will sit within the international Investor Relations team, with responsibility for building and managing relationships with institutional investors in Germany, Austria and Switz...
Thursday, 11. April 2019

CA Immo: Dr. Andreas Schillhofer appointed as new CFO

The Supervisory Board of CA Immobilien Anlagen AG appointed Dr. Andreas Schillhofer (47) member of the Executive Board and new CFO of the Company with effect from 1 October 2019 or earlier. Dr. Andreas Schillhofer held executive positions with various financial institutions, amongst others Mediobanca, Bank of America Merrill ...
Monday, 11. March 2019

Nuveen and Value One start a €600m pan-European student housing joint venture

Nuveen Real Estate and premier developer Value One have announced a €600m joint venture investing in pan-European purpose-built student accommodation. The vehicle will be seeded with three assets – one standing investment in Vienna and two developments in Lisbon and Porto to be delivered over the next two years.
Monday, 11. March 2019

Empira launches new €500 million debt fund

The Empira Group is launching the new “Empira Real Estate Finance Fund IV“, the company’s fourth debt fund by now. “The new fund offers an innovative Joint-Venture-approach,“ explains Lahcen Knapp, CEO of the Empira Group. The product combines mezzanine capital with relatively low current interest rates and a share in the fin...
Friday, 8. March 2019

Vonovia achieves positive results in 2018

Vonovia achieved very positive results in the 2018 fiscal year. The company increased its FFO 1 (operating result after interest and taxes) by 15.8 % to € 1.07 billion (2017: € 919.5 million). This development is due largely to the acquisition of Victoria Park in Sweden and Buwog in Austria. Investments in the portfolio, as w...
Thursday, 7. March 2019

Immofinanz increases occupancy rate to record level of 96 per cent

Immofinanz’s portfolio concentration on office and retail properties and the clear brand policy are producing sustainable success: The occupancy rate in the standing investment portfolio continued to improve in 2018 and, at 95.8%*, reached a new record level in the company’s history. That represents an increase of 1.6 percent...
Monday, 4. March 2019