Son separates from real estate worth 180 million

The son of the Billa founder Karl WlaschekKarl Philipp Wlaschek, is said to have sold an estimated estimated of his Ermione Private Foundation for an estimated 180 million euros.

Top objects in downtown

This reports the “Immoflash” online portal on Thursday. The WSF private foundation of the XXXL group is said to be the buyer of the nine Zinhausen and eight commercial properties.

Among the commercial properties sold should some Billa branches in Vienna, Tyrol and Lower Austria be. For some of them, the Rewe Group – which has belonged to Billa since 1996 – could exercise a right of first refusal, writes “Immoflash”.

In addition, among the affected properties “Top objects in downtown Vienna“, including Kärntnerstraße 1-3.