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20 June 2012
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Austria's conwert set for good year due strong apartment sales, DWS cooperation, says Kowar
Austrian listed residential investor conwert Immobilien is on course for a strong result in 2009, mainly due to high revenues from private purchases of its residential portfolios in Vienna and Germany stemming from fears of coming inflation. CEO Johann Kowar told PIE that he has high hopes also the partnership with Deutsche Bank's DWS fund management unit for its alt + kleber Heilbronn-based residential property unit to manage a E120m DWS residental fund.