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Immofinanz

Listed 12/11/2019

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 (...)

Listed 28/10/2019

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 (...)

Listed 29/08/2019

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 (...)

Office 09/07/2019

Austria's Immofinanz acquires Palmovka Open Park in Prague for €76m

Austrian listed Immofinanz is making a further strategic office acquisition in Czech capital Prague, purchasing the Palmovka Open Park at a value of €76.4m. The seller is (...)

Logistics 09/07/2018

US Starwood sells mixed Swedish portfolio to Hemfosa for €351m

US opportunity fund Starwood Capital, extremely active in European real estate of late, has sold a portfolio of mainly logistics assets in Sweden to the (...)

Listed 02/07/2018

Austria's Immofinanz confirms sale of CA Immo shares, for €758m

Austrian listed Immofinanz confirmed it is selling its 26% stake in peer CA Immobilien to US-based Starwood Capital Partners, for €757.9m or €29.5 per shr. It will use proceeds (...)

Listed 25/06/2018

Austria's Immofinanz reported near sale of 26% stake in CA Immo

Austrian listed Immofinanz is on the point of selling its 26% stake in peer CA Immobilien to US private equity firm Starwood Capital Partners, according to Vienna stock (...)

Listed 15/06/2018

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 (...)

Listed 07/06/2018

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 (...)

Listed 20/04/2018

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 (...)

Listed 19/04/2018

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 (...)

Listed 18/04/2018

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 (...)

Listed 18/04/2018

US Starwood Capital says bids for Austrian CA, Immofinanz will boost growth

US-based Starwood Capital Group said its partial bids for Austrian listed companies CA Immo and Immofinanz, which open for acceptances today, will accelerate their growth by providing a long-term-oriented, (...)

Listed 10/04/2018

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. (...)

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 (...)

Listed 27/03/2018

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 (...)

Listed 22/03/2018

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 (...)

Finance 09/03/2018

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 (...)

Listed 01/03/2018

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. (...)

Listed 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 (...)