ARTICLES LABELLED WITH TAG Austria

News Immofinanz sells Vienna Twin Towers to S Immo
12
Jul
2023

Immofinanz sells Vienna Twin Towers to S Immo

by Property Forum
Immofinanz has announced the sale of the Twin Towers on Wienerbergstrasse in Vienna to S Immo.
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News CTP’s net rental income up 21.9% in Q1 2023
11
May
2023

CTP’s net rental income up 21.9% in Q1 2023

by Property Forum
Industrial developer CTP has recorded a net income of €130.7 million in the first quarter of 2023, up 21.9% year-on-year, while the like-for-like rental growth stood at 7.8%, mainly driven by indexation and reversion on renegotiations and expiring leases. The company’s profit for Q1 2023 was €225.4 million which is 274% above the figure for Q1 2022 (€60.2 million).
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News Turnover in SES shopping centres exceeds €3 billion
13
Apr
2023

Turnover in SES shopping centres exceeds €3 billion

by Property Forum
The gross sales turnover of a total of 1,800 shops located on the 30 SES Spar European Shopping Center sites in Austria, Slovenia, Italy, Hungary, Croatia and the Czech Republic continued to grow in the past year. With sales up 18.5% and a €3.1 billion turnover compared to 2021, SES enjoyed a record year in terms of development since its inception in 2007. In 2022, SES invested in numerous sustainable measures such as the large-scale installation of photovoltaic systems and the ongoing interim expansion of e-charging stations, currently amounting to 175 charging points coupled with extensive LED retrofitting.
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News Immofinanz sells Vienna office building to Austrian investor
31
Mar
2023

Immofinanz sells Vienna office building to Austrian investor

by Property Forum
Immofinanz is taking another important step in optimising its portfolio by selling an office property in Vienna. The Bureau am Belvedere building, with nearly 9,000 sqm of space, was sold to an Austrian investor.
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News Immofinanz wants to increase shareholding in S Immo to over 50%
21
Nov
2022

Immofinanz wants to increase shareholding in S Immo to over 50%

by Property Forum
Immofinanz has received approval from its Supervisory Board to enter into negotiations with its core shareholder CPI Property Group concerning the acquisition of shares in S Immo. Currently, Immofinanz directly holds approx. 26.49% of S Immo. CPIPG directly holds 52.7% of S Immo, which may further increase as a result of CPIPG’s mandatory takeover offer over S Immo.
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News ZDR Investments invests again in Austrian retail asset
08
Nov
2022

ZDR Investments invests again in Austrian retail asset

by Property Forum
Czech real estate funds are attracted to invest abroad, and not only in Poland. ZDR Investments is now heading to Austria to acquire a retail park in Voitsberg, Austria, for the second time. It is now investing €12.3 million. In total, the group has already invested six times in Austria, writes E15.cz.
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News Immofinanz completes further property sales in CEE
03
Nov
2022

Immofinanz completes further property sales in CEE

by Property Forum
Immofinanz has successfully completed the sale of additional office properties. Two office buildings in Vienna were sold to the Austrian Winegg Group for an attractive market price of approximately €60 million. These two properties have 7,000 sqm of space in total and are occupied by long-term tenants.
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News UBM plans 150 flats in Prague brownfield project
30
Sep
2022

UBM plans 150 flats in Prague brownfield project

by Property Forum
A neglected plot of land in Prague 5 has now been newly acquired for billions of crowns by Austrian developer UBM. It plans to build 150 flats there. It wants to start building next year, but the project is still in the planning process. The developer has not disclosed the purchase price, the seller or the details of the construction, writes E15.cz. 
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News Real estate as an investment will remain attractive and profitable
14
Sep
2022

Real estate as an investment will remain attractive and profitable

by Ákos Budai
Markus Arnold, CEO of Arnold Investments talked to Property Forum about the key drivers of real estate investment in Europe and he also shared where the company is opening up new locations next.
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News Maintaining international supply chains is crucial for economies
13
Sep
2022

Maintaining international supply chains is crucial for economies

by Michał Poręcki
Jürgen Winklbauer, Managing Director of Panattoni Austria talked to Property Forum about the current situation in the Austrian warehouse market, the plausible directions of its development and the growing importance of photovoltaics.
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Latest news


New leases

  • Nest Leasing has joined the group of tenants of the Teal office building in the Off Piotrkowska Center complex in Łódź. The company will occupy nearly 250 sqm of space.
  • Infor has extended its lease agreement in the Retro Office House office building in Wrocław, owned by Globalworth. The company intends to remain in the building for nearly 5,000 sqm of space on the two top floors.
  • The Super-Pharm chain has joined the ranks of tenants of BIG Ostróda - the largest retail park in the Warmian-Masurian voivodeship in Poland. The premises have an area of 550 sqm. The centre is now 100% leased.

New appointments

  • Dom Development has announced changes to its Management Board. Monika Dobosz will become a Member and Vice-president of the Management Board. In this position, she will replace Leszek Stankiewicz, who has submitted a declaration of resignation from this position. Dobosz will be responsible for the company's finances.
  • Dariusz Blocher has resigned from the position of chair of Unibep. The supervisory board has appointed Andrzej Sterczyński as president of the company from January 1st, 2025.
  • Agnieszka Słomka-Gołębiowska has resigned from her position as a member of the Supervisory Board and chair of the Audit Committee of Ghelamco Invest. The position of member of Ghelamco's Supervisory Board will be filled by Lidia Jabłonowska-Luby. An existing member of the Audit Committee, Jarosław Myjak, was also appointed to act as chairman of the Audit Committee.

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