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. 64% 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 centres which are designed, above all, for secondary and tertiary cities. The retail portfolio is responsible for roughly 35% 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 roughly 210 properties as of 30 June 2021. Eight core markets form the geographical focus of our business activities in Europe: Austria, Germany, Poland, Czech Republic, Slovakia, Hungary, Romania and the Adriatic region. 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.