Rustler accelerates investment activities – successful first half-year
News | 10.08.2022
Our brokerage firm is pleased to announce a marked intensification of the investment business segment, which includes the brokerage of apartment buildings, developer properties or projects, and commercial properties.
Already in recent years, our brokerage firm established itself among the highest-turnover apartment house brokers. “The trend is currently clearly pointing upwards and leads us to expect a further strengthening of our position in the investment segment, as we were already able to exceed last year’s sales in the first half of this year,” report our managing directors Alexander Scheuch and Arno Kunz.
In concrete terms, this means that in the first half of 2022 we successfully brokered properties with a volume of around EUR 50 million. In total, our brokerage team sold 6 apartment buildings and one new construction project. “The highest single transaction in our company’s history in terms of purchase price is worthy of particular mention,” our two managing directors continue. A privately owned apartment building in an inner-city location achieved a transaction price of over 17 million euros and was acquired by a local investor.
Our Rustler brokerage team was recently expanded with the addition of Michael Feichtner (39), who complements our long-time investment broker Kira Freigassner in this role. Feichtner was previously responsible, among other things, for the real estate agendas of the brokerage company of a renowned domestic private bank.