Property prices ‘will continue to rise’

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Business

A real estate manager has said he expects Viennese property prices to climb further. Johannes Meran, who heads the administration board of Vienna-based property developer Conwert Immobilien Invest AG (Conwert), told the Kurier newspaper today (Mon): “I think the price for owner-occupied apartments in Vienna will continue to rise. Increases of five to 10 per […]

Strabag gets rid of Conwert stocks

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Business

Building business top dog Strabag SE has ended its participation in Viennese real estate company Conwert Immobilien Invest SE (Conwert).Strabag, which is Austria’s leading construction company, announced yesterday (Tues) that it has sold all of its 2.053 million Conwert share certificates.Conwert focuses on the acquisition and development of exclusive apartments in cities across Austria, Germany, […]