Struggling real estate group Immofinanz has sold assets in its native Austria for EUR 130 mln to shore up its badly squeezed financial situation. The firm has to sell properties to meet the need to raise more than EUR 100 mln by the end of the year.
Struggling real estate group Immofinanz has sold assets in its native Austria for EUR 130 mln to shore up its badly squeezed financial situation. The firm has to sell properties to meet the need to raise more than EUR 100 mln by the end of the year.
Ares, Coima and MEAG are three investors which have closed multiple acquisitions in the last few weeks.