IMMOFINANZ closes the sale of the Russian retail portfolio
(World News Austria)

(07.12.2017) IMMOFINANZ has successfully concluded the sale of its retail portfolio Moscow to the Russian FORT Group. The transaction closed in St. Petersburg. As previously announced, IMMOFINANZ has now completed its exit from the Russian market during the financial year 2017 in line with the corporate strategy. `We repositioned the five Moscow shopping centers to reflect the changed market environment in Russia. That set the...