Vienna-based CEE property developer-investor Immofinanz said on Friday that it plans to sell off €1 bn of assets and re-invest the proceeds into higher yielding properties as part of a change in strategy following the takeover by CPI Property Group.
Following CTP Group’s acquisition of Deutsche Industrie Grundbesitz (DIG) earlier this year, DIG spokespersons Fabian Kempchen, regional development director north, and Timo Hielscher, regional development director West, discuss the group’s German strategy.
