CEE property landlord Immofinanz has completed the sale of two office buildings in Vienna to the Austrian Winegg Group for an 'attractive' market price of €60 mln.
The two properties - Franz Josefs Kai 27 and Schreyvogelgasse 2 in Vienna’s inner city - encompass 7,000 m2 of space in total and are occupied by long-term tenants.
'We are proceeding quickly with the implementation of the portfolio strategy that was approved this past summer with its focus on retail properties and myhive office solutions as well as planned sales with a value of roughly €1 bn,' said Radka Doehring, member of the Immofinanz Executive Board.
'The recent sale of an office building in Prague has now been followed by another important transaction, and we are very pleased with the resulting sale price. Since the strategy was announced, our real estate sales have totalled around €150 mln. Investors‘ interest in high-quality office properties in central locations is still very high,' he added.
