ECO Business-Immobilien AG sells Opernringhof in Vienna for €101m

Companies ♦ Published: June 14, 2010; 00:00 ♦ (Vindobona)

ECO Business-Immobilien AG announces the upcoming sale of the Opernringhof in the first district of Vienna for EUR 101 million. The object will be sold to an Austrian private investor for a price significantly above the current carrying value.

ECO Business-Immobilien AG sells Opernringhof in Vienna for €101m / Picture: © Vindobona.org

ECO Business-Immobilien AG (Vienna Stock Exchange / Prime Market: ECO) announces the upcoming sale of the Opernringhof (Opernring 1, 3-5) in the first district of Vienna for EUR 101 million.

The object will be sold to an Austrian private investor for a price significantly above the current carrying value and nearly 19% over the total investment cost.

This office and…

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