Business Immo, the real estate website


Listed 19/09/2019

CEE's listed Globalworth raises NOI 31.5% to €68m in first half

CEE listed office investor Globalworth reported first half net operating income up 31.5% at €68.0m, with a portfolio value - in Romania and Poland - up (...)

Listed 14/06/2019

Gazit Globe’s Citycon sells NREP two Finnish malls for €77m

Helsinki-based Citycon, part of the Gazit Globe group, has signed an agreement to sell two shopping centres in Finland for €77m to Nordic real (...)

Listed 11/04/2019

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 (...)

Listed 31/07/2018

Spain's Merlin grows 1H net 8.6% to €458m, EPRA NAV at €14

Spain's largest REIT/SOCIMI, Merlin Properties, increased IFRS net profit by 8.6% in the first half to €458m, and said EPRA NAV rose 6% to (...)

Listed 30/04/2018

Berlin's Consus reports €5.3bn 2017 pipeline after consolidating CG, GXP

Acquisitive Berlin group Consus Real Estate, floated in Frankfurt only last year, ended 2017 with €5.3bn in its development pipeline after consolidating controlling stakes in (...)

Housing 26/02/2018

Hamburg's TAG FFO up 31% in 2017, beats forecast with big valuation upgrade

Aided by a 14 % portfolio revaluation, Hamburg's listed housing group TAG beat its 2017 €121m top FFO forecast, raising this by 31%yy to a preliminary (...)