The 2005/06 Business Year was, however, also a period in which the investment activities of IMMOFINANZ reached a new record level, with acquisitions totalling EUR 1.8 billion. The major part of these investments was made by IMMOEAST, which impressively established a position as the leading international investor in Central and Eastern Europe.

At IMMOWEST the most important individual investments include the acquisition of a stake of roughly EUR 100 million in the FIP portfolio (privatised federal properties) in Italy and a 50% investment in the Deutsche Lagerhaus company as well as the purchase of the Lenbach Gärten project in Munich and roughly 1,400 apartments in Berlin. The most important acquisitions made by IMMOEAST were the Silesia City Center in Katowice, the Polus City Center in Bratislava and the Stop Shop chain of specialty shopping centres in Hungary. IMMOEAST also entered the markets in Bulgaria and the Baltic States with initial investments. Projects in Austria included the acquisition of the minority interest in the ESG cooperative property company, which owns 12,800 apartments.

The team of highly qualified asset managers was expanded in 2005/06 to match the growth in the property portfolio. Today the IMMOFINANZ Group has the largest, presumably also most qualified and strongest asset management team of all property companies in Austria or Central and Eastern Europe.