Immofinanz's new CEO Thomas Kleibl has introduced a package of measures to restore confidence in the crisis-hit listed Austrian real estate company. Kleibl took up the reigns at Immofinanz following the resignation of his predecessor Karl Petrikovics, who was forced out at the end of October. Petrikovics resigned following a steep decline in the company's share value and growing concerns over the group's liquidity.
As Ares completed a €325 mln French logistics acquisition from Blackstone, another French portfolio came onto the market.
