Business Immo, the real estate website

2018 results

Listed 18/03/2019

Lux Grand City boosts 2018 FFO 11% to €198m, 2019 guidance up to €213m

Luxembourg-registered housing firm Grand City Properties, an affiliate of Aroundtown, grew 2018 FFO by 11% to €198m, though net profit fell. This year’s FFO (...)

Listed 11/03/2019

Germany LEG boosts FFO funds 8% to €319m, CEO Hegel to step down

German housing group LEG grew funds from operations by 7.9% in 2018 to €318.6m, and announced that CEO Thomas Hegel is to retire and (...)

Listed 07/03/2019

Germany's Vonovia grows 2018 FFO 15.8% to €1.1bn, expects further 2019 rise

The world's largest private housing group, Germany's Vonovia, for 2018 reported a 15.8% increase in FFO to €1.07bn, and expects to boost this as high (...)

Listed 06/03/2019

German housing firm TAG boosts FFO 15% to €147m, beating forecast

German listed housing group TAG Immobilien grew FFO more than 15% in 2018 to €146.5m, beating forecast, and is proposing a 10-cent dividend rise (...)

Listed 01/03/2019

German alstria's FFO rises 0.8% to €115m amid strong lettings in 2018

Amid strong lettings across the portfolio, Hamburg's alstria office REIT reported FFO up 0.8% to €114.7m for 2018 and a near 78% surge in (...)

Listed 28/02/2019

French Altarea raises FFO 7.8% to €276m, sees €18bn project potential

French listed investor and developer Altarea Cogedim grew FFO 7.8% to €276.2m last year, and said it should hit €300m in 2020, with development (...)

Listed 15/02/2019

Finnish resi firm Kojamo ups FFO 8% to €116m, AUM €5.1bn

Finnish listed housing group Kojamo, which IPO'd last year, raised funds from operations 8% to €116.4m and finished 2018 with 34,713 rental units with a fair value (...)

Listed 08/02/2019

Frankfurt's DIC Asset boosts 2018 FFO 13% to €68m, to propose 5.3% div

Frankfurt listed group DIC Asset increased funds from operations last year by 13% to €68.0m, and said it will propose a dividend of €0.48 (...)

Listed 07/02/2019

Germany's Hamborner REIT boosts FFO 17.7% to €52.7m in 2018

Hamborner REIT, based in Duisburg in northern Germany, boosted funds from operations in 2018 by 17.7% to €52.7m and said good business performance should (...)

Listed 22/01/2019

Germany's DIC Asset says posted 13% rise in 2018 FFO to €68m

Frankfurt listed DIC Asset achieved a 13% rise in funds from operations last year to €68m and boosted on-balance sheet assets by 10% to (...)