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Oliver Schumy

Oliver Schumy - Immofinanz

Mayr Melnhof - Karton AG

An affiliate of US private equity firm Starwood Capital Group has made a bid to acquire up to 26% of Austrian property company CA Immobilien as well as a smaller stake in its rival Immofinanz, it announced on 22 March... more

Investment

Oliver Schumy - Immofinanz

Mayr Melnhof - Karton AG

Austrian listed property group Immofinanz has finally closed the sale of its Russian retail portfolio to Russia's Fort Group for around €900m, completing its exit from the russian market, as has long been its stated corporate strategy. The move... more

Companies

Merger

© Gajus - Fotolia.com

A year after the last, acrimonious, and ultimately unsuccessful attempt to merge their two companies, the two Austrian listed heavyweights CA Immo and Immofinanz have now agreed in principle to work towards a merger. If all goes according to plan... more

Companies

Oliver Schumy - Immofinanz

Mayr Melnhof - Karton AG

We reported in these pages at the end of August that listed Austrian property group Immofinanz AG had announced that it planned to exit the logistics sector to concentrate on its office and retail investments, along with a renewed focus on its key... more

Markets

Oliver Schumy - Immofinanz

Mayr Melnhof - Karton AG

Listed Austrian property group Immofinanz announced last month a major shift in its strategy in a bid to refocus its business after a turbulent period which saw its share price savaged, its Russian business battered by economic sanctions and the... more

Companies