EQUITY

IFA
Adding another successful business area

Key facts:

IFA Finanzgruppe
Grillparzerstraße 18-20
4020 Linz
 www.ifa.at

 

Industry / Business Area: Bauherrenmodell
(tax-beneficial construction of residential properties)
Shareholding: 100%
Takeover: 2010
Total investment of private investors so far: 1.7 billion euro


Chairman of the Board:
Erwin Soravia
Michael Baert

 

With its investment in IFA Finanzgruppe, the Linz-based provider of financial services, and its entry into the “Bauherrenmodell“ sector of tax-beneficial construction of residential properties, Soravia Group is again proving its knack for profitable business areas. Together with the Austrian market leader they have been realizing urban resi­dential and commercial projects since 2008.

Using the extensive network of Soravia offices, the combined expertise of IFA and Soravia will be employed in and beyond Austria, throughout Eastern Europe, providing significant opportunities for growth.