21st Austria weekly - CA Immo Immofinanz 23/11/2022 [pic1]CA Immo: a property group specialising in high-quality office space recorded slight increase rental income by +2.5% to Euro 158.1 m the first nine months of 2022. Consolidated net after month rose 40% 267.5 mn driven among other things strong revaluation result €180.4 m. The positive development third quarter was mainly due good letting business and takeover two project completions into own portfolio. Following months Immo confirms its earnings forecast for 2022 expects recurring FFO I more than 125 mn. Immofinanz: Austrian based real estate Immofinan reached 216.9 previous years period 216.4 mn results asset management improved 3.2% 168.4 sustainable FFO 1 from standing investment including S
21st Austria weekly - Immofinanz S Immo AT&S ÖBAG Semperit CA UBM Andritz Pierer Mobility 10/01/2022 [pic1]Immofinanz: For the Executive Board and Supervisory of Immofinanz price offered by Immo AG for share does not reflect current value company clearly positive development business in 2021 despite corona pandemic attractive future growth potential. The Board Works Council today issued statements which they indicate that offer Euro 23.00 per is viewed as sufficiently attractive. therefore recommend shareholders accept partial approximately 10% outstanding Immofinan shares. "The
21st Austria weekly - Immofinanz S Immo AT&S ÖBAG Semperit CA UBM Andritz Pierer Mobility 10/01/2022 [pic1]Immofinanz: For the Executive Board and Supervisory of Immofinanz price offered by Immo AG for share does not reflect current value company clearly positive development business in 2021 despite corona pandemic attractive future growth potential. The Board Works Council today issued statements which they indicate that offer Euro 23.00 per is viewed as sufficiently attractive. therefore recommend shareholders accept partial approximately 10% outstanding Immofinan shares. "The
21st Austria weekly - Immofinanz S Immo AT&S ÖBAG Semperit CA UBM Andritz Pierer Mobility 10/01/2022 [pic1]Immofinanz: For the Executive Board and Supervisory of Immofinanz price offered by Immo AG for share does not reflect current value company clearly positive development business in 2021 despite corona pandemic attractive future growth potential. The Board Works Council today issued statements which they indicate that offer Euro 23.00 per is viewed as sufficiently attractive. therefore recommend shareholders accept partial approximately 10% outstanding Immofinan shares. "The
21st Austria weekly - Immofinanz S Immo AT&S ÖBAG Semperit CA UBM Andritz Pierer Mobility 10/01/2022 [pic1]Immofinanz: For the Executive Board and Supervisory of Immofinanz price offered by Immo AG for share does not reflect current value company clearly positive development business in 2021 despite corona pandemic attractive future growth potential. The Board Works Council today issued statements which they indicate that offer Euro 23.00 per is viewed as sufficiently attractive. therefore recommend shareholders accept partial approximately 10% outstanding Immofinan shares. "The
25.04.2021
Immofinanz: Reals Estate company Immofinan recorded an increase in rental income and results of property sales in 2020 despite the Covid-19 crisis. Rental income rose by 3.1% to Euro 288.6 mn due to the strong growth in the portfolio during the second half of 2019, but a crisis-related increase in receivables write-offs from asset management led to substantially higher property expenses. The results of asset management totalled Euro 206.4 mn in 2020 and reflect the previous year despite these write-offs. The pandemic also had a negative influence on the valuation of investment property: revaluations totalled Euro -166.5 mn, compared with clearly positive results in the previous year (2019: Euro 193.3 mn). This reduction represents roughly 3.2% of the total property portfolio. In addition, the continuing decline in the price of the S IMMO share during 2020 led to a write-down of Euro -88.6 mn in this investment to Euro 363.6 mn. Net loss for the 2020 financial year amounted to Euro -165.9 mn (2019: + 352.1 mn). In view of the Group’s solid capital base, the Executive Board will make a recommendation to the 28th annual general meeting on 18 June 2021 to distribute a dividend of Euro 0.55 per share.