Our core business is the management and development of retail and office properties in selected countries in Western and Eastern European. In the office sector, we concentrate on the capital cities of the core countries and the major office locations in Germany with our international myhive brand. The office portfolio is responsible for approx. 65% of the total portfolio value. Our activities in the retail sector are based on the STOP SHOP brand for retail parks and VIVO! for shopping centers which are designed, above all, for secondary and tertiary cities. The retail portfolio is responsible for roughly 33% of the total portfolio value. In addition to the professional management of these properties, we focus on value-creating growth through our own development projects and acquisitions – always with the goal of strengthening our standing investments and sustainable cash flow.
Our property portfolio had a carrying amount of EUR 5.1 billion and covered more than 210 properties as of 31 December 2019. Seven core markets form the geographical focus of our business activities: Austria, Germany, Poland, Czech Republic, Slovakia, Romania and Hungary. Our local teams in each of these core markets are the guarantee for strong service orientation and customer satisfaction.
The IMMOFINANZ share has traded on the Vienna Stock Exchange since December 1994 and on the Warsaw Stock Exchange since May 2013.
We received the EPRA Sustainability Best Practices Recommendations SILVER and Most Improved Awards for our non-financial reporting in the 2019 Annual Report.
IMMOFINANZ ensures that it interacts responsibly with the environment, employees, customers and business practices.
IMMOFINANZ is committed to responsible management in accordance with the principles of integrity, honesty and transparency. Mutual trust as the underlying conviction forms the basis for constructive cooperation throughout the company and with business partners.