Immofinanz with strong operating development in the first quarter of 2018

Immofinanz doubled its operational results to €35.5 million. Like-for-like rental income rose by 3.7%, while financing cost fell by 38.6% to €-16.4 million. FFO 1 tripled to €29.1 million. The results of asset management increased by a sound 14.1% to €45.0 million following a substantial reduction in property expenses.…