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Fort Group

Listed 05/04/2018

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 (...)

Finance 28/02/2018

Austrian Immofinanz: CA Immo merger may not happen, may sell shares

The merger of Austrian listed groups Immofinanz and CA Immobilien, in planning for around two years, may not happen, Immofinanz has announced. Talks will remain suspended and (...)

Finance 29/11/2017

Austria's Immofinanz, after signing Moscow mall sale, doubles 9mth FFO1

Austrian listed Immofinanz, having finally signed to sell a troubled Moscow mall portfolio, said it more than doubled nine months' FFO1 to €48.6m, turning round (...)

Retail 13/11/2017

Austria’s Immofinanz sells Moscow malls ready for CA merger, writes down €169m

Austrian listed Immofinanz said it has sold all five Moscow malls for €901m to the Petersburg-based Fort Group, taking a €169m writedown. The long-awaited sale clears (...)