PIE Events
- Nordics Property Breakfast
31 May 2012
Frankfurt am Main, Germany
Upcoming Events
- Property Debt Breakfast
20 June 2012
London
Immofinanz/Immoeast delay, cancel projects, sell assets to secure liquidity
Austria's largest real estate group Immofinanz and subsidiary Immoeast are delaying and cancelling projects and selling assets to secure liquidity and quash talk that global financial turbulence is threatening their solidity. Immoeast recently further unsettled by blaming the swing to a loss in 2008/9 largely on currency effects.