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Immofinanz is taking another step in optimising its portfolio by selling two office properties in Vienna. The properties in the 20th district of Vienna have been successfully sold to an Austrian real estate investor. According to Immofinanz, the sale was above book value.
Palais Hansen, located on Vienna's Schottenring, was sold as part of a multi-million euro deal. UBM (33.57%) and Warimpex (9.88%) have sold their shares. New owner is the insurance Wiener Städtische, which now holds 100 percent.
AtlasEdge announces the completion of a key acquisition in Vienna, marking its entry into the Austrian market. The acquired site, currently part of the Siemens Campus in Vienna-Floridsdorf, houses an existing data centre, with expansion space to become a 10MW facility. The site will be technically and physically separated fro...
S Immo AG has modified its portfolio strategy. As part of this process of optimization, the Austrian company is also considering withdrawing from the Croatian and Slovakian markets.
StoneVest AG and Madison International Realty have launched a joint venture for the acquisition of light industrial and logistics properties. Over the next three years, the joint venture partners expect to acquire assets with a total value of up to €150 million.
Union Investment has sold an office building in Vienna's 7th district to Thalhof Immobilien GmbH. The company specialises in the acquisition and development of residential and office properties in Vienna's prime locations.
Hedwig Höfler (53) has taken over the newly created position of Group Head of Investment Management at CA Immo on February 1, 2024, expanding her existing responsibilities for Austria and CEE to include all transaction activity in Germany. She is thus taking over responsibilities covered by Christof Altendorfer, who simultane...
Limehome is continuing its strong expansion in Austria. Since January 2023, the hospitality tech company has added ten new locations, almost doubling its portfolio.
VGP has developed and built a distribution centre and multi-storey car park for the online retailer Amazon at VGP Park Graz in Premstätten. The distribution centre is expected to open in the second half of 2024.
S Immo AG has got a request from the shareholder CPI Property Group S.A. to convene an Extraordinary General Meeting for the purpose of passing a resolution on the revocation of the appointment and election of members of the Supervisory Board and to implement the provisions of the Virtual Shareholders' Meetings Act (Virtuelle...
The Chairwoman of the Supervisory Board, Karin Rest, informed S Immo AG today that she is resigning from the Supervisory Board with effect from 15 January 2024 in accordance with the company's Articles of Association. Karin Rest was first elected to the Supervisory Board of S Immo AG in May 2018 and chaired it from October 2020.
CA Immo can report a good operating performance for the first three quarters of 2023. The results show, among other things, a significant increase in rental income (+9%) and high income from the sale of non-strategic properties (sales result of €158m, FFO II +88%), which led to an increase in the operating result (EBITDA) of ...
Immofinanz Group recorded strong growth in both rental income and operating results in the first three quarters of 2023 due to acquisitions, the full consolidation of S Immo and successful asset management. Rental income rose by 79.4% year-on-year to € 389.2 million; the results of asset management, at € 323.7 million, were e...
Moody's Rating Agency lets an 800 sqm hightech office in Floragasse in Austrian capital Vienna. The multi-tenant office building is located in a highly accessible location in the immediate vicinity of Karlsplatz and Vienna's city center. Modesta Real Estate was commissioned by Moody's Rating Agency with the search for a new o...
Fieldfisher Rechtsanwälte GmbH & Co KG rents a new office as part of its expansion into Austria. The law firm has moved into approx. 770 sqm in a prime location directly at Stephansplatz and got design and fitout support from B.Complete, for which Modesta Real Estate acts as a partner for Vienna and the surrounding area.