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:
“In England and America a beard usually means that its owner would rather be considered venerable than virile; on the continent of Europe it often means that its owner makes a special claim to virility.”
—Rebecca West (1892–1983)
“To relive the relationship between owner and slave we can consider how we treat our cars and dogs—a dog exercising a somewhat similar leverage on our mercies and an automobile being comparable in value to a slave in those days.”
—Edward Hoagland (b. 1932)
“Then the owner of the house became angry and said to his slave, Go out at once into the streets and lanes of the town and bring in the poor, the crippled, the blind, and the lame.’”
—Bible: New Testament, Luke 14:21.