News Article Austria CEE Immofinanz investment
by Property Forum | Investment

Carpinus Holding GmbH has acquired a total of 12,000,000 shares in Immofinanz, corresponding to a shareholding of approximately 10.71%. The indirect shareholders of Carpinus Holding GmbH are Peter Korbacka and RPR Privatstiftung (Ronny Pecik).

IFF Beteiligungs GmbH (100% subsidiary of FRIES Familien Privatstiftung) announced the sale of 6,097,680 shares in Immofinanz, which represents a stake of approximately 5.44%. Dr. Rudolf Fries has announced the sale of 254,500 shares. The directors' dealings notifications indicate the selling price of €29.50 per share.

Immofinanz has not received any notifications regarding the sellers of the remaining shares notified as acquisition by Carpinus Holding GmbH.

The settlement (transfer) of the shares shall take place on 2 March 2020, according to the notifications of the buyers.