PropertyEU

Immofinanz sells apartment building in Vienna

By A staff reporter 2012-08-20T00:00:00

Listed CEE property investor Immofinanz has sold an an apartment building in Vienna. The buyer is a corporation associated with the Austrian lender Raiffeisen Landesbank Oberösterreich. The price paid topped EUR 33 mln, which Immofinanz said was significantly higher than the current book value.

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