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Immofinanz closes Silesia sale

September 13, 2013 Katowice the City 0

Immofinanz Group closed the sale of Silesia City Center for EUR 412 million to an international consortium of investors led by Allianz with the involvement of Asian partners. The sale price exceeded the book value, as it had been previously reported.

„Cycle-optimised sales like the Silesia City Center generate the liquidity for investments in new properties and again confirm our valuation approach in Eastern Europe.