TH&B Immo is one of the companies of Balfin Group, which was founded in April 2018 and is active in the development of real estate in Austria. The company focuses on construction and large investments in construction such as the development of residential areas for housing, villas and resorts.
Since October 2018, the Group has started a serious residential project which is already in its construction phase. The complex is located in the Altmünster area in Austria, which is a well-known tourist area near Lake Traunsee. The project includes two residential areas with three-store buildings. Altmünster is a tourist town located 3 kilometers south of Gmunden, in the Upper Austria region, bordered by Germany and the Czech Republic.
This Balfin Group's investment of several million euros is expected to be completed by 2019.