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.

Austria

ECE Real Estate Partners sell Haid-Center Linz in €130m deal

ECE Real Estate Partners have successfully sold Haid-Center Linz to institutional investors in a €130 million transaction. After the sale of the „Avenida“ shopping center in Poznań in February 2021, Haid-Center Linz was the last of twelve centers held by the fund launched in 2011 to be sold within the planned lifetime. Over t...
Friday, 13. May 2022

CA Immo starts new share buyback programme

Today, the Management Board of CA Immobilien Anlagen AG resolved another share buyback programme in accordance with Article 65 para 1 no. 8 of the Austrian Corporation Act (AktG) on the basis of the authorizing resolution of the 34th Annual General Meeting on 6 May 2021.
Tuesday, 3. May 2022

12.18. expands portfolio with luxury hotel in Austria

A joint venture under the operational lead of 12.18. Asset Management GmbH, founded in 2021 by Managing Directors Adrian Lindner and Henri Leyer-Pritzkow, has acquired the 5-Star Superior Top Hotel Hochgurgl in Tyrol. The hotel, located at 2,200 meters with direct access to the ski slopes in one of the most snow-secure areas ...
Tuesday, 3. May 2022

S Immo reports best annual profit in the company’s history

Results from property valuation that were clearly positive in all regions and a record profit for the period and earnings per share confirm the steep upward trajectory of the listed real estate investment company S Immo AG.
Thursday, 28. April 2022

BNP Paribas REIM invests in Vienna and Berlin for NEIF III

BNP Paribas Real Estate Investment Management (BNP Paribas REIM) recently acquired an office complex in Vienna and the Franklin-Haus office building in Berlin on behalf of the Next Estate Income Fund III (NEIF III). Both transactions were brokered as off-market deals.
Tuesday, 26. April 2022

Radka Doehring becomes executive board member of Immofinanz

Immofinanz AG announces that the supervisory board has appointed Radka Doehring as a member of the executive board as of 1st May 2022 for three years. The executive board will consist of Radka Doehring, Dietmar Reindl and Stefan Schönauer as of 1st May 2022.
Friday, 22. April 2022

Hyatt signs Thompson Hotel in Vienna

Hyatt Hotels Corporation has entered into a management agreement with Signa and Central Group for Thompson Vienna, a 5-star-lifestyle hotel to be located in the Austrian capital. The milestone development demonstrates Hyatt’s drive to expand its brands throughout Europe, along with a strong commitment to growing the Thompson ...
Friday, 22. April 2022

Immofinanz back in the profit zone

With a net profik of € 345.8 million (previous year: € -165.9 million), Immofinanz is back in the black. The company announced this today. The results of operations rose by roughly 46% to €210.1 million and clearly topped the previous year as well as the pre-crisis period in 2019.
Thursday, 21. April 2022

CPIPG strives for majority in S Immo

CPI Property Group (CPIPG) has prepared the following update for their investors and key stakeholders regarding the Group’s investment in S Immo AG (S Immo).
Thursday, 14. April 2022

UBM Development pays record dividend for 2021

The 2021 financial year developed better for UBM than expected in view of the corona pandemic, which is why the Management Board and Supervisory Board are proposing a record dividend of €2.25 per share. In view of the unforeseeable effects of the Ukraine war, the project developer must therefore waive issuing a guidance for t...
Friday, 8. April 2022

CA Immo with record net profit 2021

CA Immo achieved a record net profit in 2021. The company gained increases in sales result and revaluation. The FFO I was 4% below the previous year's value, however, the annual target was achieved.
Thursday, 24. March 2022

Immofinanz: CPIPG convenes AGM

Yesterday, Immofinanz received a request to convene an extraordinary general meeting, together with an agenda covering elections to the Supervisory Board. According to the convocation request, CPIPG holds an investment (directly and indirectly) of approximately 54.86% in Immofinanz and recommends (via its subsidiary WXZ1 a.s...
Tuesday, 8. March 2022

Cautious optimism noticeable on the hotel investment market

The past two years of the Covid-19 pandemic did not leave the Austrian hotel real estate market unscathed. But what impact did the crisis have on buyer profiles and preferred investment products? Christie & Co has addressed this issue and summarized challenges, but also opportunities for the Austrian hotel real estate market ...
Monday, 7. March 2022

S Immo completes sale of Immofinanz shares

S Immo AG has cleared the field: the sale of the 12.69% stake in Immofinanz AG has been completed. With the successful sale, the real estate company has generated proceeds from the sale and cash inflow of more than €400 million.
Wednesday, 2. March 2022

CTP builds for Toyota in the CTPark Vienna East

CTP is to construct a new 12,000 sqm ‘BREEAM Outstanding’ sustainability-certified warehouse and office facility at CTPark Vienna East, its first development in the Austrian market, for inaugural tenant Toyota Logistics Services Austria GmbH.
Wednesday, 2. March 2022

Beds & Bars debuts in Austria

The former Meininger Hotel Wien Hauptbahnhof on Columbusgasse has a new operator. The British hostel chain Beds & Bars will open its first hotel in Austria in spring 2022.
Tuesday, 22. February 2022