Business Immo, the real estate website

S IMMO AG

Investment fund - Investment company / Property management

Last update October 29, 2019 | Report an error

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Contributors

Natascha Blauensteiner

Head of Financing - Treasury

Ernst Vejdovszky

Chief Executive Officer - Member of the Board

Friedrich Wachernig

Member of the Board - Project development, asset management in CEE/SEE and Austria

Elisabeth Wagerer

Head of Corporate Communications - Investor Relations

Natascha Blauensteiner

Head of Financing - Treasury

Ernst Vejdovszky

Chief Executive Officer - Member of the Board

Friedrich Wachernig

Member of the Board - Project development, asset management in CEE/SEE and Austria

Elisabeth Wagerer

Head of Corporate Communications - Investor Relations

Listed

Austria's CA Immo sells 4m Immofinanz shares for €111m

Austria's CA Immobilien has disposed of just over 4m shares in Austrian peer Immofinanz, around 4.0% of the latter's equity, worth an aggregate value of around (...)

Listed

Pecik, Ketterer buy 10% in Vienna's S IMMO, amid merger talks with Immofinanz

Two Austrian and Swiss investors Ronny Pecik and Norbert Ketterer have acquired a 10% shareholding in S IMMO amid the Vienna firm’s merger talks with peer Immofinanz. S IMMO confirmed to (...)

Listed

Strong earnings propel Austrian Immofinanz 1H FFO 22% to €59m, doubling net profit

Strong earnings recorded by Austrian listed Immofinanz in 2018 extended into 1H19, boosting FFO 1 by 22%yy to €59m and more than doubling net profit to (...)

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Austrian UBM, S Immo sell Vienna's Quartier Belvedere project parts for €233m

Two Austrian firms, developer UBM and listed group S Immo, have sold the last elements of Vienna's Quartier Belvedere Central project for €233m well before completion. The buyer is (...)

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Austrian S IMMO expects €120m portfolio uplift in first half results

Austrian listed S IMMO said it expects a portfolio value uplift of some €120m when first-half figures are released in late August, taking EPRA NAV per (...)

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Austria's Immofinanz finds direction, reversing 2017's net loss, doubling FFO to €85m

Immofinanz, the listed Austrian property group that has been searching for direction for years, finally found it in 2018, reversing 2017's net loss and more than (...)

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Austrian S Immo 2018 operating figures confirm growth path

Austrian listed S Immo confirmed a 43% rise in FFO for 2018 to €61.1m, and said in final figures that it is confident market conditions this (...)

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Austria's S Immo expects 2018 net significantly above 2017

Austrian listed property group S Immo, the focus of open takeover intentions by larger peer Immofinanz, said it expects consolidated 2018 net income to significantly surpass (...)

Finance

Vienna’s Immofinanz places €500m benchmark bond, wins first-ever rating

Vienna’s listed Immofinanz has placed a €500m benchmark bond with investors and won a rating from S&P, making it the first-ever rated issue from a Austrian real estate (...)

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Vienna's S Immo hits record first half FFO at €34m, but net slides

Despite extensive sales in recent years and a cut in rental income in first half 2018, Vienna-based S Immo said it substantially increased FFO1 to an (...)

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Austrian Immofinanz raises 1H FFO1 74% to €48m but net slides

Vienna listed Immofinanz reported a 74% rise in FFO1 for the first half to €48.4m. Although net profit slid 18% to €86m, it said it is (...)

Listed

Vienna's Immofinanz announces reverse 10:1 stock split

Vienna-based listed real estate group Immofinanz has announced a 10:1 reverse stock split, a move formerly approved in the shareholder meeting and reducing outstanding shares to 112m. The commercial (...)

Listed

US Starwood wins few takers for Austrian CA Immo, Immofinanz offers

US private equity firm Starwood Capital, which Wednesday announced 24.4% acceptances in a Swedish housing group bid, has by contrast won only a fraction of takers for (...)

Listed

Immofinanz's €720m CA stake sale offer caps busy week in Vienna M&A

In a move that caps a busy week in Vienna corporate real estate M&A, Austria's Immofinanz is putting up for sale its 26% stake in listed peer CA Immobilien. (...)

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Austrian S Immo CEO says Immofinanz 29% buy is step in right direction

Ernst Vejdovszky, CEO of Austrian S Immo in which a 29.14% stake changed hands on Wednesday, acquired by Vienna listed peer Immofinanz, said he is in (...)

Listed

Austria’s Immofinanz buys Benko, Pecik's 29% S Immo stake for €20 shr

Austrian listed Immofinanz, on the day that a public offer for 5% of its shares opens from US opportunity fund Starwood Capital, said Wednesday it has acquired the (...)

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Benko raises S Immo stake to 29%, boosting Austrian Champion speculation

Austrian property tycoon René Benko nows controls 29.14% in Vienna listed S Immo after his private trust on Monday acquired 7.28% from the Vienna Insurance Group. The move (...)

Listed

Vienna’s Immofinanz returns to €181m net profit in 2017, excluding Russian operations

Austrian property group Immofinanz last year turned into profit, excluding discontinued operations, with net earnings of €181m reversing a pro-forma €147m loss for 2016. Including these operations, mainly (...)

Listed

Austria's Immofinanz rejects unsolicited US Starwood offer at €2.10 shr

Austria's listed property group Immofinanz has rejected an unsolicited partial offer for a 5% stake made by the US-based Starwood Capital group in parallel to a bid for a larger (...)

Listed

US Starwood Capital launches bid for 26% of Austrian CA, stake in Immofinanz

US private equity firm Starwood Capital Group has launched a bid to acquire 26% in Austrian listed CA Immo and also a stake of up to 5% in (...)

Finance

Benko, S Immo said eyeing creation of Austrian Champion, perhaps including Signa

Speculation in Vienna is growing that Signa boss, the sometimes controversial René Benko, will move soon to try to merge the three quoted property firms S Immo, CA Immo and Immofinanz to create an (...)

Listed

Austrian CRE 'champion' still possible after S Immo ups Immofinanz stake to 12%

An 'Austrian champion' in listed commercial property may still be on the cards despite Immofinanz on Wednesday hinting it will drop plans to merge with CA Immo. S Immo (...)