PropertyEU

Eco Business Immobilien issues shares to fund acqusitions

By A staff reporter 2006-11-23T00:00:00

Eco Business Immobilien, the listed Austrian property company, is to issue 2.5 million new shares, at EUR 12.80 a share, to raise EUR 32 million to the fund its international ambitions. The company said it is looking at Germany and the CEE markets in particular for acquisitions.

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