Press Releases

IMMOFINANZ Group, Austria’s largest real estate investor and developer, has sold a historical inner city office building in Vienna to a private asset management firm. This property was built in 1718 as the Batthyány Palace and is located at Bankgasse 2 in the first district. The EUR 22 million sale price for this property with over 3,300 sqm of rentable space exceeds the carrying amount by more than 30%.