ISIN:AT0000A21KS2

EQS-News: United Benefits Holding acquires City Tower Vienna for EURO REAL ESTATE from IMMOFINANZ

Retrieved on: 
Freitag, Mai 10, 2024
Sale, Investment, Tenant, EURO, Republic, REAL, ATX, Partnership, Vienna International Airport, VIVO, West, Acquisition, ESG, U4, BNP Paribas Real Estate, CAT, Kyōto Station, CO2, Social justice, U3, Financial services

Vienna, 06.05.2024 – With a purchase price of more than 150 million Euros, this sale is the largest transaction in the office segment of Austria’s real estate market to date in 2024: EURO REAL ESTATE, a member company of the Wilhelm von Finck Group, acquired the City Tower Vienna, one of the most prominent office properties in Vienna, from IMMOFINANZ.

Key Points: 
  • Vienna, 06.05.2024 – With a purchase price of more than 150 million Euros, this sale is the largest transaction in the office segment of Austria’s real estate market to date in 2024: EURO REAL ESTATE, a member company of the Wilhelm von Finck Group, acquired the City Tower Vienna, one of the most prominent office properties in Vienna, from IMMOFINANZ.
  • United Benefits Holding realised the acquisition through an individual mandate and will now support asset management as a local partner.
  • Michael Klement, CEO of United Benefits Holding: “The City Tower Vienna is an iconic property that has become a landmark on Vienna’s skyline.
  • United Benefits Holding is an independent real estate service provider with an integrated approach.

EQS-News: United Benefits Holding erwirbt für EURO REAL ESTATE den City Tower Vienna von der IMMOFINANZ

Retrieved on: 
Freitag, Mai 10, 2024
United, Benefit, Holding, EURO, REAL, Estate, Kaufvertrag, Euro, Kaufpreis, Verkauf, Transaktion, Segment, Immobilienmarkt, Unternehmen, Gruppe, City, Tower, Wiens, Rahmen, Asset, Management, Partner, CEO, Objekt, Wahrzeichen, Skyline, Peter, Erwerb, Engagement, Investition, Immobilie, Expertise, Kauf, Markt, Strategie, Trophy, Wert, Preis (Wirtschaft), Zeit, Microsoft Teams, Anleger (Finanzmarkt), Republik, Mieter, Gesellschafter, EHL, Investment, Beratung, Deal, Struktur, Finanzierung, Due, Diligence, Vertrag, Tochtergesellschaft, Immobilieninvestment, Prozess, Wohnimmobilie, Ralf Peter

EQS-News: IMMOFINANZ sells office properties in Vienna

Retrieved on: 
Mittwoch, April 10, 2024
Environment, VIVO, ATX, Sale

IMMOFINANZ is taking another step in optimising its portfolio by selling two office properties in Vienna.

Key Points: 
  • IMMOFINANZ is taking another step in optimising its portfolio by selling two office properties in Vienna.
  • The properties in the 20th district of Vienna have been successfully sold to an Austrian real estate investor.
  • The two office properties in Dresdnerstraße in Vienna’s 20th district offer modern and flexible offices with approximately 13,000 sqm of usable space in the northern business district of Vienna.
  • The core business covers the management and development of properties, whereby IMMOFINANZ relies on its established real estate brands – STOP SHOP (retail), VIVO!

EQS-News: IMMOFINANZ 2023 with strong operating performance

Retrieved on: 
Mittwoch, April 10, 2024
EUR, Growth, Supervisory board, AG, VIVO, ATX, CPI Property Group, S IMMO, Bank statement, Investment, LTV, FFO, NTA, Cryptocurrency

IMMOFINANZ Group generated strong growth in rental income and operating results during the 2023 financial year.

Key Points: 
  • IMMOFINANZ Group generated strong growth in rental income and operating results during the 2023 financial year.
  • “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 IMMOFINANZ.
  • Revaluations (including development projects and property sales) totalled EUR -376.8 million in 2023, compared with EUR -105.7 million in the previous year.

EQS-News: IMMOFINANZ sells office property in Zagreb

Retrieved on: 
Donnerstag, Februar 8, 2024
ATX, Sale, Heart, Restaurant, VIVO

IMMOFINANZ has successfully closed the sale of the Grand Center Zagreb office property to a Croatian real estate company.

Key Points: 
  • IMMOFINANZ has successfully closed the sale of the Grand Center Zagreb office property to a Croatian real estate company.
  • “The sale of this office property in Zagreb shows that we are also making very good progress in the optimisation of our portfolio in the current market environment.
  • The Grand Center Zagreb is a modern, high-quality office building with an unmistakable architectonic design and a distinctive, unique appearance.
  • The core business covers the management and development of properties, whereby IMMOFINANZ relies on its established real estate brands – STOP SHOP (retail), VIVO!

EQS-News: IMMOFINANZ delivers strong operating performance in Q1–3 2023

Retrieved on: 
Dienstag, Dezember 26, 2023
Bank statement, ATX, Investment, EPRA, Growth, VIVO, LTV, EUR, Cryptocurrency

IMMOFINANZ Group recorded strong growth in both rental income and operating results in the first three quarters of 2023 due to acquisitions, the full consolidation of S IMMO and successful asset management.

Key Points: 
  • IMMOFINANZ Group recorded strong growth in both rental income and operating results in the first three quarters of 2023 due to acquisitions, the full consolidation of S IMMO and successful asset management.
  • “The results show that we are in a resilient position and are operating successfully with our strategy.
  • At the same time, IMMOFINANZ Group also recorded market-related property write-downs of EUR -219.5 million, which were primarily related to low-yielding properties.
  • Based on the results for the first three quarters of 2023, IMMOFINANZ Group expects FFO 1 from the standing investment business (before tax) to exceed EUR 275 million for the full year 2023.