Immoeast sells towers

Austrian real estate firm Immoeast, which is listed on both the Warsaw and Vienna bourses, has sold two office buildings in Warsaw to Vienna Insurance Group. The Mistral and Passat buildings, both located in Al. Ujazdowskie, offer a total of 23,300 sqm of usable space.

The value of the transaction has not been revealed but in October 2007 the buildings were valued at EUR41.8 (zł.141.8) million and EUR32.5 (zł.110.2) million, respectively.