ISIN:AT0000A21KS2

EQS-News: IMMOFINANZ with a strong start into the 2022 financial year: 4.3% increase in like-for-like rental income

Retrieved on: 
Dienstag, Mai 24, 2022
Tenant, CPI Property Group, ATX, LTV, Board of directors, Financial result, Investment, Policy, RTÉ Executive Board, COVID-19, STOP, IFRS, VIVO, EBIT, FFO, Acquisition, Growth, EPRA, Bank, Renting, Film, Online gambling, EUR, Adriatic Sea

This positive development was also reflected in a year-on-year increase of 4.3% in like-for-like rental income (adjusted for acquisitions, sales and completions) to EUR 64.0 million.

Key Points: 
  • This positive development was also reflected in a year-on-year increase of 4.3% in like-for-like rental income (adjusted for acquisitions, sales and completions) to EUR 64.0 million.
  • The results of operations totalled EUR 38.1 million in the first quarter of 2022 (Q1 2021: EUR 46.4 million), and financial results equalled EUR 47.7 million (Q1 2021: EUR 79.7 million).
  • FFO 1 from the standing investment business (before tax) was stable at EUR 34.4 million (Q1 2021: EUR 34.5 million).
  • The IMMOFINANZ property portfolio covered 225 properties as of 31 March 2022 with a combined value of EUR 5.2 billion.

EQS-News: IMMOFINANZ AG: Notice of Early Redemption of the Convertible Bonds due 2024 ('Bonds') (ISIN: XS1551932046)

Retrieved on: 
Freitag, April 29, 2022
Geoffrey Holder, THIS, Convertible, Conversion, Exercise, BY, CET, ISIN, Condition, EUR, Debt, ANY, Bank, Security (finance), Bond

IMMOFINANZ AG: Notice of Early Redemption of the Convertible Bonds due 2024 ('Bonds') (ISIN: XS1551932046)

Key Points: 
  • IMMOFINANZ AG: Notice of Early Redemption of the Convertible Bonds due 2024 ('Bonds') (ISIN: XS1551932046)
    The issuer is solely responsible for the content of this announcement.
  • IMMOFINANZ AG: Notice of Early Redemption of the Convertible Bonds due 2024 ("Bonds") (ISIN: XS1551932046)
    Terms in capital letters used in this announcement and not defined herein shall have the meaning given to them in the terms and conditions (the "Terms and Conditions") of the Bonds.
  • IMMOFINANZ AG hereby announces that the Bonds issued in January 2017 in the aggregate Principal Amount of EUR 297,200,000 will be redeemed early pursuant to 5 (c) of the Terms and Conditions.
  • At the time of this announcement, Conversion Rights in relation to Bonds with a Principal Amount of EUR 290,200,000 have already been exercised.

EQS-News: IMMOFINANZ: Radka Doehring appointed as a member of the Executive Board

Retrieved on: 
Freitag, April 22, 2022
Central European Media Enterprises, Public sector, Board of directors, CPI Property Group, VIVO, Supervisory board, ATX, RTÉ Executive Board, STOP, RTVS, Knowledge, Management, Adriatic Sea

IMMOFINANZ AG announces that the Supervisory Board has appointed Radka Doehring as a member of the Executive Board as of 1st May 2022 for three years.

Key Points: 
  • IMMOFINANZ AG announces that the Supervisory Board has appointed Radka Doehring as a member of the Executive Board as of 1st May 2022 for three years.
  • "With Radka Doehring, we are gaining a first-class manager who has extensive experience in finance, transformation processes, digitalisation and management.
  • She is a great addition to our Executive Board team with her knowledge and many years of international experience.
  • The Executive Board of IMMOFINANZ will consist of Radka Doehring, Dietmar Reindl and Stefan Schnauer as of 1st May 2022.

EQS-News: IMMOFINANZ with strong results in 2021: 46% increase in results of operations, net profit reaches EUR 346 million

Retrieved on: 
Mittwoch, April 20, 2022
COVID-19, United Nations response to the COVID-19 pandemic, Climate change, United Nations, Sharm El Sheikh, Board of directors, EPRA, CPI Property Group, EBIT, VIVO, Czech, LTV, ESG, Sale, Mission statement, Growth, Financial result, EUR, Environment, Solution, ATX, IFRS, Investment, Development, Policy, FFO, Industry, STOP, Risk, Housing, Film, Adriatic Sea

Revaluation results from the standing investment portfolio totalled EUR 85.9 million, compared with EUR -156.6 million in the previous year.

Key Points: 
  • Revaluation results from the standing investment portfolio totalled EUR 85.9 million, compared with EUR -156.6 million in the previous year.
  • In total, IMMOFINANZ generated net profit of EUR 345.8 million, compared with EUR -165.9 million in the previous year.
  • The results of operations therefore rose by a strong 45.9% to EUR 210.1 million (2020: EUR 143.9 million).
  • After the deduction of EUR -40.5 million (2020: EUR -5.5 million) in income taxes, net profit totalled EUR 345.8 million (2020: EUR -165.9 million; 2019: EUR 352.1 million).

EQS-News: IMMOFINANZ acquires another retail park in Italy and expands market leadership in Europe

Retrieved on: 
Donnerstag, März 17, 2022
ATX, Acquisition, Euronics, Friuli Venezia Giulia, COVID-19, VIVO, Decathlon, STOP, Burger King, Growth, Waste management, WAULT, Carrefour, Retail, Tourism, Adriatic Sea, Globo

IMMOFINANZ is consistently expanding its leading role as Europe's largest retail park operator as part of its growth strategy.

Key Points: 
  • IMMOFINANZ is consistently expanding its leading role as Europe's largest retail park operator as part of its growth strategy.
  • In doing so, the company will also focus on Italy, where ten new STOP SHOP retail parks will be opened by 2024.
  • With the acquisition of a retail park in Udine, IMMOFINANZ is now taking another important step in developing the Italian growth market.
  • After successfully entering the market in the second half of 2021, IMMOFINANZ has acquired another high-quality retail park in the northeast of Italy from a London based private equity firm.

EQS-News: IMMOFINANZ presents new brand On Top Living at MIPIM 2022

Retrieved on: 
Mittwoch, März 16, 2022
Forestry, Wood, ATX, MIPIM, Investment, Board of directors, Climate change, Housing, VIVO, Proximity, EUR, Soil, STOP, Noise, Geothermal energy, CO2, Renewable energy, Adriatic Sea

IMMOFINANZ presents its new residential brand On Top Living at MIPIM, the world's biggest real estate fair in Cannes.

Key Points: 
  • IMMOFINANZ presents its new residential brand On Top Living at MIPIM, the world's biggest real estate fair in Cannes.
  • Under this brand, IMMOFINANZ will provide its tenants with up to 12,000 smart and sustainable apartments at affordable prices in the medium term.
  • The newly presented brand of On Top Living involves the overbuilding of single-storey STOP SHOP retail parks to create low-cost and environmentally friendly living spaces.
  • On Top Living is a smart living concept created by IMMOFINANZ that sets highest social and environmental standards for intelligent redensification.