Competition council approves Immofinanz’s takeover of S Immo
by CIJ News iDesk V
2018-09-21 10:18
Immofinanz AG’s takeover of S Immo AG has been approved by the Romanian Competition Council. The deal includes five companies that S Immo operates in Romania. Immofinanz is a key player on the local real estate market. The Austrian real estate developer’s portfolio is valued at more than €800m. In addition to Romania, Immofinanz also operates in Austria, Germany, Poland, the Czech Republic, Slovakia and Hungary.
