Austrian property investor Immofinanz announced a first-quarter loss Thursday, saying a hefty devaluation of the real estate portfolio of Immoeast, its unit focused on business in emerging markets in Europe, weighed on its results.
Austrian property investor Immofinanz announced a first-quarter loss Thursday, saying a hefty devaluation of the real estate portfolio of Immoeast, its unit focused on business in emerging markets in Europe, weighed on its results.
As Ares completed a €325 mln French logistics acquisition from Blackstone, another French portfolio came onto the market.