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28 May 2012

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Austria's Immofinanz, Immoeast to buy out Constantia real estate; launch funds

One of the most closely-watched events in recent Austrian real estate finance - the sale by Constantia Privatbank of its property assets - has been resolved with an in-house agreement for the listed Immofinanz and its 54%-owned Immoeast to purchase bank property activities for e440m.

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