"Yields are only one of the factors determining our investment decisions".

Holger Schmidtmayr

Why Sparkassen Immobilien AG are different from the other Austrian real estate investment and development companies active in Southeastern Europe and which are the factors determining their investment decisions? Why, regardless of the fact that they are a substance investor, in the SEE markets they would rather go into development? Why Sparkassen Immobilien AG always aims at holding a controlling stake in the companies they acquire? How the company will benefit from the expansion of Erste Bank in Ukraine and what scheme it will use in order to secure the financing of its projects in the country? These are only a few of the issues which Holder Schmidtmayr speaks about in this interview. Here you will also find out: Is the company going to enter Serbia soon and in which segments? Which are the most attractive asset types and regions in the country? Why there is no point in buying ready properties in Bucharest? Which market will stay hot for many years to come? How the lack of appropriate town planning and zoning in SEE can prove rather helpful for real estate investors and developers?

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