Austria

Trammell Crow Company (TCC) has signed leases on office space in Frankfurt and Vienna, as it continues to bolster its operations in Europe.

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...

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.

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 ...

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.

Immofinanz has to shelve its forecast for the current financial year because of the million-dollar capital outflow.

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.

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.

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 ...

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.

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).

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...

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.

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...

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 ...

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.

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.

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.