September 2, 2013 / 8:11 AM / 4 years ago

Immofinanz sells Hilton Danube for 48 mln eur

VIENNA, Sept 2 (Reuters) - Austrian real estate group Immofinanz has sold the Hilton Vienna Danube hotel to a subsidiary of Germany’s Internos Real Investors for 48 million euros ($63 million).

“This transaction, which continues the company’s exit from the non-core hotel business, took place above the carrying amount of the property,” Immofinanz said on Monday. ($1 = 0.7584 euros) (Reporting by Georgina Prodhan; Editing by Michael Shields)

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