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.
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.
The Austrian company invests exclusively in commercial properties, with a focus on speciality retail markets, shopping centres, supermarkets and office property. Its main business activities include long-term investment in largely completed business properties. ECO has been listed on the Standard Market Auction of the Vienna Stock Exchange since March 17, 2005.
