21st Austria weekly - Porr, CPI Europe (21/02/2025)

Porr: Construction group PORR is playing a leading role in the modernisation of the tram network in the Romanian capital Bucharest. It is modernising a central section of the tracks for the number 40 tram line on behalf of the Municipality of Bucharest. PORR has been awarded the contract for the comprehensive modernisation of a total of 18 kilometres of track infrastructure. The project will be completed in 33 months; the contract is worth around EUR 150m (RON 716m).
Porr: weekly performance: 6.68%

CPI Europe: The Clarion Hotel Vienna South, located in the myhive am Wienerberg, marks the debut of this renowned hotel chain in Austria’s capital. Operated within a CPI Europe AG (former Immofinanz) property, the newly redesigned hotel caters to business travelers and tourists alike with its spacious rooms, state-of-the-art conference facilities, and welcoming atmosphere at the dynamic business hub of Wienerberg. This opening represents the first Austrian location for Clarion, a brand under the prestigious international Choice Hotels Group. The hotel’s debut follows the successful rebranding of the former Holiday Inn and is operated by CPI Hotels, part of CPI Property Group, the core shareholder of CPI Europe.
Immofinanz: weekly performance: -1.23%

(From the 21st Austria weekly https://www.boerse-social.com/21staustria (21/02/2025)

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Bildnachweis

1. Porr: In den sechs Obergeschossen des Neubaus entstehen 198 Wohneinheiten mit einer Wohnfläche von ca. 12.000 m². © QUARTERBACK Immobilien AG   >> Öffnen auf photaq.com

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