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Real Estate Briefing - Categorized | Finance, Market Moves more

Vienna: Property prices ‘will continue to rise’

Posted on 31 January 2012

A real estate manager has said he expects Viennese property prices to climb further. Johannes Meran, who heads the administration board of Vienna-based property developer Conwert Immobilien Invest AG (Conwert), told the Kurier newspaper today (Mon): “I think the price for owner-occupied apartments in Vienna will continue to rise. Increases of five to 10 per cent are possible.”
Meran added his company saw no indicators for contrary developments………………………………………..Full Article: Source


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