DUSSELDORF, GERMANY-IMMOFINANZ Group is expanding its activitiesin Germany. The company has presented its first development projectin Germany with the Panta Rhei office building.

Eduard Zehetner, CEO of IMMOFINANZ Group, said that the companybought the Panta Rhei project one month ago from the FRANKONIAGroup and now it plans to start the project at the beginning ofJune. The 103,957-square-foot building will come up in the middleof the Airport City Dusseldorf. The cost of the project will reachEUR 26.5 million. For the full story, go to Europe Real Estate .


GlobeSt.com News Hub is your link torelevant real estate and business stories from other local,regional and national publications.

Continue Reading for Free

Register and gain access to:

  • Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.