Bank Austria Real Invest, the property fund specialist for Bank Austria, has acquired nine assets in recent weeks for a total investment of EUR 140 mln. Its open-ended fund, Real Invest Austria, purchased seven residential buildings, a retirement home and a research laboratory. All the assets are located in Vienna.
Bank Austria Real Invest, the property fund specialist for Bank Austria, has acquired nine assets in recent weeks for a total investment of EUR 140 mln. Its open-ended fund, Real Invest Austria, purchased seven residential buildings, a retirement home and a research laboratory. All the assets are located in Vienna.
In addition, bank Austria Real Invest has sold off five smaller properties. The value of the portfolio now stands at EUR 950 mln. The fund plans to acquire further residential assets in the coming months.
