Cookies deactivated. To use all functions on this portal, for example the login, Cookies must be activated. Please activate Cookies in your browser settings.
DHL Global Forwarding and DHL Freight signed a contract for purchasing land in the Vienna airport region today. Starting in summer 2018, the DHL Campus Vienna Airport will be developed on premises measuring roughly 60,000 sqm in the Fischamend district. The facility will take on a key role as a freight hub for Eastern Europe ...
Pbb Deutsche Pfandbriefbank provided an investment facility of €37 million to companies managed by JR AMC Co., Ltd. on behalf of a consortium of Korean Investors. The funds will be used to finance the acquisition of an office building in Vienna, known as Porr Tower.
After today’s meeting of its Audit Committee, CA Immo can look back on another successful year that exceeded expectations in operational terms. The main defined target for 2017 – namely raising recurring earning power (FFO I) – was surpassed and shareholder value (NAV) has been significantly increased. The company have also p...
The long-prepared merger of Immofinanz AG and CA Immo has been called off for the time being, and discussions have been immediately put on ice. This was announced by the Management Board and the Supervisory Board of Immofinanz at short notice. Independent of the possibility of a merger, activities will also include the evalua...
The Rezidor Hotel Group and Prizeotel to announce two new hotel signings in Vienna and Düsseldorf. Prizeotel Vienna-City marks the entry of our affordable high design brand into Austria. Prizeotel Düsseldorf-City will be part of a €500million construction project called 'Grand Central', a new business district in Düsseldorf a...
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 ...
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.
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...
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...
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...
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...
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...
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.
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.
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 ...
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...
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 ...
