IMMOFINANZ has successfully sold further properties on the Wienerberg in Vienna to S IMMO. This portfolio covers five office properties and a hotel tower with approximately 81,000 sqm of gross lettable area.
“This sale reflects our focused portfolio strategy and shows that we are continuing to utilise synergies together with S IMMO to improve efficiency and increase profitability for all our stakeholders”, commented Pavel Měchura, member of the IMMOFINANZ Executive Board.
Management and leasing of these properties, most of which are operated under the innovative myhive brand, will continue to be carried out by IMMOFINANZ.