Bonds: a central financing instrument

IMMOFINANZ uses bonds as part of its balanced approach to debt financing. The capital raised through our bonds is used for specific projects, to strengthen our portfolio or to enter new and promising markets.

IMMOFINANZ acquired an investment of roughly 26.5% (19,499,437 shares) in S IMMO during 2018 and increased its holding through the purchase of 17,305,012 shares at the end of December 2022. This transaction gave IMMOFINANZ a majority investment of 50% plus one share in S IMMO, and the company was therefore included through full consolidation in IMMOFINANZ’s consolidated financial statements since 31 December 2022.

Bonds issued by the IMMOFINANZ Group

The bonds issued by IMMOFINANZ Group had a total outstanding nominal value of EUR 758.4 million as of 31 March 2024 (31 December 2023: EUR 858.4 million). Of this total, EUR 237.8 million (31 December 2023: EUR 237.8 million) were attributable to IMMOFINANZ in the first quarter of 2024.