Business Immo, the real estate website

Ronny Pecik

Listed 27/11/2019

Austria's Immofinanz, S Immo abandon long-held plans to merge

Two Austrian listed real estate firms which nearly four years ago announced they would merge activities, and bought each other's equity in preparation, have called (...)

Listed 12/11/2019

Austria's CA Immo sells 4m Immofinanz shares for €111m

Austria's CA Immobilien has disposed of just over 4m shares in Austrian peer Immofinanz, around 4.0% of the latter's equity, worth an aggregate value (...)

Listed 28/10/2019

Pecik, Ketterer buy 10% in Vienna's S IMMO, amid merger talks with Immofinanz

Two Austrian and Swiss investors Ronny Pecik and Norbert Ketterer have acquired a 10% shareholding in S IMMO amid the Vienna firm’s merger talks with peer Immofinanz. S IMMO (...)

Listed 19/04/2018

Austrian S Immo CEO says Immofinanz 29% buy is step in right direction

Ernst Vejdovszky, CEO of Austrian S Immo in which a 29.14% stake changed hands on Wednesday, acquired by Vienna listed peer Immofinanz, said he (...)

Listed 18/04/2018

Austria’s Immofinanz buys Benko, Pecik's 29% S Immo stake for €20 shr

Austrian listed Immofinanz, on the day that a public offer for 5% of its shares opens from US opportunity fund Starwood Capital, said Wednesday it has (...)

Listed 18/04/2018

US Starwood Capital says bids for Austrian CA, Immofinanz will boost growth

US-based Starwood Capital Group said its partial bids for Austrian listed companies CA Immo and Immofinanz, which open for acceptances today, will accelerate their growth by providing a long-term-oriented, (...)

Listed 10/04/2018

Benko raises S Immo stake to 29%, boosting Austrian Champion speculation

Austrian property tycoon René Benko nows controls 29.14% in Vienna listed S Immo after his private trust on Monday acquired 7.28% from the Vienna Insurance Group. (...)

Listed 01/03/2018

Austrian CRE 'champion' still possible after S Immo ups Immofinanz stake to 12%

An 'Austrian champion' in listed commercial property may still be on the cards despite Immofinanz on Wednesday hinting it will drop plans to merge with CA Immo. (...)

Listed 28/02/2018

Austrian Immofinanz: CA Immo merger may not happen, may sell shares

The merger of Austrian listed groups Immofinanz and CA Immobilien, in planning for around two years, may not happen, Immofinanz has announced. Talks will remain suspended and (...)

Finance 02/01/2018

Austria's Erste sells strategic S Immo stake to shareholder Pecik, supported by Benko

In a last-minute action in 2017, Austria's Erste Group Bank sold its long-held 10% strategic stake in listed Vienna-based S Immo to existing shareholder (...)