Signa Recap buys Vienna tower with German insurer

By A staff reporter 2010-05-06T00:00:00

A joint venture between Vienna-based Signa Recap Development Fund I and a large German insurance group has acquired a 100% interest in the IZD Tower in Vienna from Matrix European Real Estate Investment Trust (MEREIT) for over EUR 212 mln. Although the name of the insurance group was not disclosed, ...

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