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 " «

Tristan funds sells German & Austrian logistics portfolios for €177.7 m

Two funds advised by Tristan Capital Partners have completed the sale of their German and Austrian logistics portfolios to Frasers Property Europe for €177.7 million. Tristan's CCP IV core plus Fund successfully disposed of three institutional logistic warehouses in Austria (at Vienna Airport and Graz) and a property located ...
Wednesday, 21. February 2018

Novum Hospitality secures location in Klagenfurt for Select Hotel

Novum Hospitality continues to develop its brand of Select Hotels internationally and is targeting Austria first. The hotel group has already secured the Hotel Moser Verdino in Domgasse 2 right in the centre of Klagenfurt, the capital of the state of Carinthia.
Monday, 19. February 2018

Development projects highly popular with investors in the hotel investment market

After a quiet first half of the year in which the Austrian hotel transaction volume was just €130 million, the pace picked up in the second half of the year and hotel transactions topped half a billion Euros in 2017. Due to the small number of hotels on the market, demand has shifted towards the purchase of development projec...
Wednesday, 7. February 2018

KFIM acquires Vienna office building on behalf of Korean Investors

Knight Frank Investment Management, working with JR AMC Co. Ltd have acquired Porr Tower in Vienna, a 22-story office tower comprising circa 180,000 sq. ft., occupied as the HQ of Porr AG, the second largest construction company in Austria. The investment has been acquired on behalf of a consortium of Korean institutional inv...
Wednesday, 7. February 2018

Bundeskartellamt gives green light to Vonovia-Buwog takeover

The Austrian Federal Competition Authority has cleared the planned merger of Vonovia SE and Buwog AG on 5 February 2018. The German Federal Cartel Office already gave its approval on 25 January 2018. The approval of both competition authorities is a condition precedent for the completion of the voluntary public takeover offer...
Tuesday, 6. February 2018

Vonovia starts Buwog takeover

Vonovia today launched the billionaire takeover of Buwog. Subject to the terms and conditions contained in the offer document the DAX-listed compan is offering the Buwog shareholders a cash consideration of €29.05 per Buwog share. Vonovia also is offering the holders of Buwog convertible bonds €115,753.65 in cash during the i...
Monday, 5. February 2018

Leasinvest realizes three new lease agreements

End 2017 Leasinvest Real Estate realized the further extension of an indirect investment in the Grand Duchy of Luxembourg and leased 100% of the Mercator building in Luxembourg and 25% of the office building under construction Treesquare in Brussels. The extension of the Frun Retail Park Asten in Austria that will soon be del...
Monday, 29. January 2018

Laendyard: Ca Immo completes first construction phase

The first part of the Laendyard residential project has been completed: last week, CA Immo handed over 220 rental apartments to the investor Estrella Immobilien Invest AG, a property company of the Karl Wlaschek private foundation.
Thursday, 25. January 2018

BVK and Universal-Investment launch a new fund for retail parks

A new institutional real estate fund is being launched for Bayerische Versorgungskammer (BVK) on Universal-Investment's AIF platform in Luxembourg, which should achieve a total volume of €250 million. Blue Asset Management was mandated to provide investment advice and real estate management services.
Monday, 15. January 2018
CA Immo: Property sales in 2017 generated proceeds of € 370 m

CA Immo: Property sales in 2017 generated proceeds of € 370 m

CA Immo successfully signed property sales with a total volume of approx. €370 m. Around 90% of sales proceeds were accounted for by contracts signed in the fourth quarter of 2017 – among them the sale of the Frankfurt Tower 185, CA Immo's largest single transaction of the year . Sales prices achieved in 2017 on average were ...
Thursday, 11. January 2018
ORBI Tower: Bank Austria Real Invest announced closing

ORBI Tower: Bank Austria Real Invest announced closing

Following the closing on 15 December 2017, the ORBI Tower in Vienna TownTown, which is uniquely innovative in concept and execution, has been successfully handed over to the new owner, Bank Austria Real Invest. The contracting parties have agreed not to disclose transaction details and the purchase price. Bank Austria Real In...
Wednesday, 27. December 2017

CRIM acquires developments in Rostock and Vienna

On behalf of Catella Wohnen Europa investment fund, CRIM has acquired a total of 234 residential units in Vienna and Rostock with leasable space of 8,634 m² under a mandate from a southern German utility. Catella Residential Investment Management GmbH (CRIM) is a subsidiary of the Swedish Catella Group focused exclusively on ...
Tuesday, 19. December 2017
CBRE GI lets IZD Tower in Vienna to Huawei

CBRE GI lets IZD Tower in Vienna to Huawei

CBRE Global Investors has let approximately 2,000 sqm to Huawei Technologies and extended leases with Borealis AG, an international plastics and chemicals group, and Zumtobel Lighting Austria GmbH, at its flagship IZD Tower in Vienna.
Tuesday, 19. December 2017

Vonovia announces cash offer to all Buwog shareholders to acquire their shares

Vonovia SE and Buwog AG have today signed a business combination agreement for the combination of the two companies. On this basis, Vonovia intends to make a voluntary public takeover offer for all outstanding shares. Shareholders are to be offered €29.05 in cash per Buwog share. This cash offer, which is expected to be publi...
Monday, 18. December 2017
Warimpex: Supervisory Board nominates Daniel Folian as new CFO

Warimpex: Supervisory Board nominates Daniel Folian as new CFO

The Supervisory Board of Warimpex Finanz- und Beteiligungs Aktiengesellschaft (Warimpex) nominated Daniel Folian as a member of the Management Board and the new CFO of Warimpex effective 1 January 2018. The corresponding resolutions will be adopted at the Supervisory Board meeting on 18 December 2017. The previous CFO of Wari...
Friday, 15. December 2017

Upstream merger squeeze-out of Strabag approved

Ilbau Liegenschaftsverwaltung AG, Hoppegarten, a subsidiary of Vienna Stock Exchange-listed construction group Strabag SE, has intended for some time to increase its stake in Strabag AG, Cologne, to 100 %. The plan is to merge Strabag AG into Ilbau and to acquire the 6.37 % free float share of Strabag AG through an upstream m...
Thursday, 14. December 2017
Rosewood Munich to open in early 2023

Rosewood Munich to open in early 2023

Rosewood Hotels & Resorts has been appointed by German real estate company Bayerische Hausbau to manage Rosewood Munich, which will open in early 2023 as the brand's first property in Germany and seventh property in Europe. Housed in two landmark, historical buildings comprised of the former headquarters of the State Bank of ...
Tuesday, 5. December 2017

Corestate divests €432m club deal development project in Vienna

Corestate Capital Holding S.A. has divested a club deal investment in a €432m development project in Vienna. The club deal encompasses Vienna's most prominent development projects, Triiiple and Danube Flats, with a total investment volume of €432m. Triiiple is located in the heart of the popular third district near the Danube...
Tuesday, 5. December 2017