Vienna-based listed real estate group Immofinanz has announced a 10:1 reverse stock split, a move formerly approved in the shareholder meeting and reducing outstanding shares to 112m.
The commercial (...)
Austrian property group Immofinanz last year turned into profit, excluding discontinued operations, with net earnings of €181m reversing a pro-forma €147m loss for 2016. Including these operations, mainly (...)
Speculation in Vienna is growing that Signa boss, the sometimes controversial René Benko, will move soon to try to merge the three quoted property firms S Immo, CA Immo and Immofinanz to create an (...)