31.01.2012 - Vienna: Property prices 'will continue to rise'
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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