Owner
Owner George Stumpf sold the Millennium Tower in Vienna on 25 Juli 2003 along with the associated Millennium City to the Hamburg-based issuing house MPC (Münchmeyer Capital). The purchase price was 360 million euros, which is close to 15-times the annual income of 24.5 million euro (2002) corresponds to the Millennium City, which is next to the offices in the Tower and form a shopping center, residential buildings and the largest cinema complex in Austria. Taking into account the building costs of 145 million Euros, there is a profit of 215 million euros.
Read more about this topic: Millennium Tower (Vienna)
Famous quotes containing the word owner:
“I am the owner of the sphere,
Of the seven stars and the solar year,
Of Caesar’s hand, and Plato’s brain,
Of Lord Christ’s heart, and Shakspeare’s strain.”
—Ralph Waldo Emerson (1803–1882)
“The only thing that was dispensed free to the old New Bedford whalemen was a Bible. A well-known owner of one of that city’s whaling fleets once described the Bible as the best cheap investment a shipowner could make.”
—For the State of Massachusetts, U.S. public relief program (1935-1943)
“Those Maine woods differ essentially from ours. There you are never reminded that the wilderness which you are threading is, after all, some villager’s familiar wood-lot, some widow’s thirds, from which her ancestors have sledded fuel for generations, minutely described in some old deed which is recorded, of which the owner has got a plan, too, and old bound-marks may be found every forty rods, if you will search.”
—Henry David Thoreau (1817–1862)