Austria's largest real estate company has completed a second mult-billion euro capital increase in less than 12 months, breaking its own record for the largest equity offering in Viennese market history with a €2.8bn ($3.8bn) issuance.

Immoeast has trebled its market capital from less than €3bn ($4bn) two years ago to €8.4bn this month. The capital increase was the largest equity sale in Austrian market history, beating the €3bn rights issue Immoeast launched last June.