Welcome to IMMOFINANZ Investor Relations
- 12.42EUR
- -0.67 (-5.12%)
- 27.09.2022 17:35:00
IMMOFINANZ announces strategy update
IMMOFINANZ is presenting an updated strategy following the majority takeover by CPI Property Group. The company plans to continue its value-creating growth strategy with a strong focus on retail properties and office solutions. As part of an active portfolio management, properties with a value of approximately EUR 1 billion will be sold and the proceeds invested in higher yielding assets. The successful course of the company will be continued on IMMOFINANZ’s robust financial base together with the strengthening of ESG activities. IMMOFINANZ will benefit in pursuing this strategy from close cooperation with the CPI Property Group and the related synergy effects.
IMMOFINANZ with very good first half-year in 2022: FFO 1 increases by 6%, net profit reaches EUR 163 million
IMMOFINANZ closed the first half of 2022 with very strong performance: Rental income reached a high level of EUR 144.2 million, the results of asset management improved by 3.0% to EUR 110.0 million, and sustainable FFO 1 from the standing investment business rose by 6.1% to EUR 78.7 million. Net profit equalled EUR 162.7 million, whereby the first half of the previous year was influenced, above all, by a substantial revaluation to the investment in S IMMO. With an equity ratio of 57.3% and conservative debt with a net LTV of 32.5%, IMMOFINANZ has a strong capital base.
as of 30 June 2022
as of 30 June 2022
as of 30 June 2022
as of 30 June 2022
per share, as of 30 June 2022
per share, as of 30 June 2022
as of 30 June 2022
as of 30 June 2022 (following the end of the share buyback programme 2022 on 31 July 2022: 695,585 treasury shares)
as of 30 June 2022
Our Team
Our team would be happy to answer your questions and supply you with information on our company and the IMMOFINANZ share. You can reach us by e-mail under investor@immofinanz.com or by telephone: +43 (0)1 880 90.
