Haselsteiner Buys Stake in Conwert From Petrus Advisers

The Haselsteiner Family Trust has acquired control of a 19.8 percent stake in Conwert Immobilien Invest SE (CWI), Austria’s third-biggest listed real estate company, from Petrus Advisers LLP.

The trust plans to increase its stake and hold it as a longterm investment, according to an e-mailed statement today.

Petrus has held the Conwert stake via a holding since 2010, it said in the statement. The trust has acquired a 76 percent of those voting rights, it said.

To contact the editor responsible for this story: Zoe Schneeweiss at zschneeweiss@bloomberg.net

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