Signa acquires Bawag portfolio for EUR 200m

By A staff reporter 2007-11-30T00:00:00

Tyrolean real estate investor Rene Banko's Signa has bought a portfolio of 16 office buildings from Austrian bank Bawag PSK. Although the parties declined to comment on the financial details, newspaper Die Press said the portfolio, valued at EUR 450 mln, was sold for just EUR 200 mln as the ...

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