IMMOFINANZ has successfully closed the sale of the Grand Center Zagreb office property to a Croatian real estate companyIMMOFINANZ has successfully closed the sale of the Grand Center Zagreb office property to a Croatian real estate company
  • The squeeze-out will be resolved at an Extraordinary General Meeting on 14 October 2024.

September 03 2024 15:02:25 UTC– IMMOFINANZ AG announced a cash compensation of EUR 22.05 per share for minority shareholders of S IMMO AG in a squeeze-out process.

The valuation report by PwC Advisory Services GmbH will be used, subject to BDO Austria’s confirmation, and the squeeze-out resolution is planned for an Extraordinary General Meeting on October 14, 2024.

IMMOFINANZ focuses on commercial real estate in Europe and owns over 50% of S IMMO shares.

By Lisa Luckas

Lisa Luckas is a Sr. Business News Editor at Nobot.News.

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