Sparkassen Immobilien invests €60m in Croatia and Austria (CR/AT)

Stock exchange listed Sparkassen Immobilien AG is acquiring a residential property and two mixed-use buildings in Vienna's Inner City, together with an office block in Zagreb, for a total of some €60 million. The purchase price of the individual properties was not disclosed.

Ernst Vejdovszky, member of Sparkassen Immobilien AG's Management Board, comments on this latest deal: "Regardless of the currently delicate state of the capital markets, we are concentrating on our property business with the aim of continuing to raise our NAV

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