Business Immo, the real estate website

Immofinanz AG

Listed 14/06/2019

Austria's Immofinanz acquires Warsaw Spire Tower for €386m

Austrian listed property group Immofinanz is acquiring the 220 m. Warsaw Spire Tower in the Polish capital for €386m from Belgium's Ghelamco and US-based (...)

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 04/03/2019

Austria's Immofinanz boosts portfolio occupancy to record 96%

Vienna-listed Immofinanz said its concentration on office and retail, plus a clear brand policy, are producing sustainable success, and occupancy hit a record 95.8% (...)

Listed 29/01/2019

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 (...)

Finance 23/01/2019

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 (...)

Retail 14/11/2018

Immofinanz adds eight STOP SHOP sites for €91m to reach 80 in CEE

Live from MAPIC (Cannes) - Vienna listed Immofinanz is driving the expansion of its STOP SHOP retail park brand in central Europe, and has (...)

Listed 24/09/2018

Austria's Immofinanz pays €390m for agreed 29% of S Immo at €20 shr.

Following clearance by several national cartel authorities, Austria's listed Immofinanz has completed purchase of 29.14% of smaller peer S Immo for €390m, a price (...)

Listed 30/08/2018

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 (...)

Listed 30/08/2018

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 (...)