IMMOFINANZ 2023 with strong operating performance
IMMOFINANZ sells office properties in Vienna
IMMOFINANZ sells office property in Zagreb
IMMOFINANZ again strengthens its leading market position in Europe with the acquisition of retail portfolios from CPIPG

Welcome to IMMOFINANZ Investor Relations

Transparency and open dialogue

Maximum transparency and an open dialogue with our stakeholders have high priority for IMMOFINANZ. As a shareholder, bondholder, analyst or investor, you can find all the information you need for a well-founded evaluation of our investment offering on our IR website. And if you don’t find exactly what you‘re looking for, you can always contact our IR Team.

IMMOFINANZ AG Share - ISIN: AT0000A21KS2
  • 23.5EUR
  •   16.04.2024 17:35:00
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IMMOFINANZ 2023 with strong operating performance

The investment in S IMMO was increased to 50% plus one share at year-end 2022. Therefore, the assets and liabilities held by S IMMO have been included in the IMMOFINANZ consolidated financial statements since 31 December 2022, the income statement positions since Q1 2023.

IMMOFINANZ Group generated strong growth in rental income and operating results during the 2023 financial year. This sound development was based primarily on the full consolidation of S IMMO, the purchase of retail properties, and solid growth in like-for-like rental income. Rental income rose by 77.8% year-on-year to EUR 533.6 million, and the results of asset management were 85.1% higher than the previous year at EUR 418.5 million. The results of operations rose by a convincing 84.7% to EUR 285.1 million and FFO 1 (before tax) by 88.4% to EUR 275.3 million. 

"We achieved above-average operating results in 2023 in spite of the difficult macroeconomic environment. This performance underscores the success of our strategy to invest in higher-yielding properties to strengthen our earning power” explained Radka Doehring, Member of the Executive Board of IMMOFINAN.

€ 8.2 bn
Portfolio value

as of 31 December 2023

518
Total number of properties

as of 31 December 2023

3,558,305 sqm
Rentable space

as of 31 December 2023

92.2%
Occupancy rate

as of 31 December 2023

€ 28.00
EPRA Net Tangible Assets (NTA)

per share, as of 31 December 2023

€ 26.60
Book value

per share, as of 31 December 2023

€ 21.05
Share price at end of period

as of 31 December 2023

138,669,711
Total number of shares

as of 31 December 2023

695,585
Thereof number of treasury shares

as of 31 December 2023

Key figures

In this section you will find important figures on IMMOFINANZ and our property portfolio.

Our team on your side

Are you a shareholder, bondholder or analyst or are you interested in IMMOFINANZ for other reasons? Contact our experienced IR Team – we will be happy to provide you with information on IMMOFINANZ and your investment and answer any other questions. You can reach us via email under investor@immofinanz.com or by telephone under +43 1 880 90. 

We look forward to hearing from you!

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SimoneKorbelius.jpg

Simone Korbelius

Senior Investor Relations Manager