Vienna- and Warsaw-listed Immofinanz has definitively abandoned its €1.14 bn takeover bid for Austrian real estate peer S Immo, after the latter's shareholders rejected a structural change necessary to greenlight the combination offer.
Vienna- and Warsaw-listed Immofinanz has definitively abandoned its €1.14 bn takeover bid for Austrian real estate peer S Immo, after the latter's shareholders rejected a structural change necessary to greenlight the combination offer.
Big pension funds, insurers and major asset managers intensified their investment activity in the week before Expo, with well over €2 bn of real estate changing hands.