Austria's Immofinanz, the group resulting from the merger of Immofinanz and Immoeast, has reached an agreement with Constantia Packaging on the restructuring of a EUR 512 mln bond. The agreement puts an end to a longstanding dispute on a EUR 520 mln missing payment provided by Immoeast to Immofinanz Beteiligungs (IBAG) through the purchase of a bond in 2008.
German asset manager publity AG has sold the Access Tower, a 21-storey office building in Frankfurt am Main, Germany.
