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» Chronological View: " Austria " «

CA Immo sells its Immofinanz shares

CA Immobilien Anlagen AG has successfully disposed of its 4,483,453 shares in Immofinanz AG representing approximately 4.0% of Immofinanz’ issued share capital by way of an accelerated book building offering to institutional investors. The aggregate value of the remaining stake was approximately €111 million. The investment g...
Friday, 8. November 2019

Vonovia with strong profit increase

Thanks to acquisitions abroad and rising rents, the Vonovia housing group presented an attractive result for the first nine months of the financial year: Operating profit amounted to € 932.8 million, an increase of around eleven percent on the previous year. Shareholders can also look forward to the increased profits because ...
Tuesday, 5. November 2019

BNP Paribas REIM acquires Inno Plaza building in Vienna

BNP Paribas REIM completes NEIF II Fund last investment with the acquisition of “Inno Plaza” building in Vienna that was signed in December 2017. The incoming LEED Gold office complex is located in the heart of the established Office district Euro Plaza. This brand new building offers 18,200 m² Class A office accommodation to...
Monday, 28. October 2019

FLE GmbH reaches a billion and reports 98.5% occupancy

FLE GmbH, a member of the LFPI group, reports new lease conclusions and increases the rate of occupancy of its real estate portfolio in DACH and CEE to 98.5%. The Company is managing a real estate portfolio in DACH and CEE with an overall value of approximately one billion Euros. Thereof, roughly 140 million Euros are investe...
Sunday, 6. October 2019

O.M.A. wins architecture competition for KaDeWe project in Vienna

The prestigious international architectural firm O.M.A. –Office for Metropolitan Architecture, founded by Pritzker Prize winner Rem Koolhaas, was selected as the winner of the architecture competition for the KaDeWe project in Vienna. A modern version of a traditional department store with a mix of shops, restaurants and hote...
Sunday, 6. October 2019

Hotel investment volume in Austria cracks the billion mark for the first time

For the first time in history, the hotel transaction volume in Austria reached €1 billion. This above-average result was already apparent in the first half of the year, as the hotel property specialist Christie & Co announced in a press release in July. The half-year result amounted to a total volume of €360 million and was ...
Thursday, 3. October 2019

DBConcepts moves into Ares Tower

DBConcepts GmbH, an IT company specialized in the Oracle Database environment, has rent a new company location in the Ares Tower in Vienna. The new offices are located on the 9th floor of the tower and have a total area of 1,385 m². „We are delighted to have been able to support DBConcepts in almost tripling the size of their...
Friday, 27. September 2019

Vienna Airport and Gebr. Heinemann extend partnership until 2030

The travel retail distributor Gebr. Heinemann and Vienna Airport have extend its partnership with a focus on regionalities from Vienna until 2030. Heinemann will redesign or expand its existing shops. A key aspect of the agreement relates to the “Southern Enlargement” project for Terminal 3. The total sales area occupied by t...
Thursday, 26. September 2019

Radisson turns RED with three new franchises run by Value One Hotel Operations

Radisson Hospitality has sigened contracts for three new hotels, all arriving under its Radisson RED brand as part of a strategic franchised partnership with developer and operator Value One Hotel Operations. The deal will see the brand make its debut in Portugal, with the Radisson RED Lisbon Olaias and the Radisson RED Porto...
Friday, 20. September 2019

SRE and GBI to build 313 micro-apartments in the 19th District of Vienna

Strabag Real Estate (SRE) and project developer GBI will build 313 micro-apartments in the Heiligenstadt district of Vienna at the railway station of the same name. Prospectively from autumn 2021 they will offer accommodation for 147 students and trainees in the Smartments Student property to be developed by GBI in the 19th d...
Friday, 13. September 2019

Catella flagship fund raises €90 million for diversifying

Catella European Residential I (CER I), launched in 2007 as the first institutional property fund to invest specifically in residential assets across European markets, has raised €90 million in just one day from existing investors. Berlin-based investment advisor Catella Residential Investment Management (CRIM) will place the...
Monday, 9. September 2019

Mountpark appoints Mario Sander as Managing Director, Central Europe

Mountpark has appointed Mario Sander as Managing Director, Central Europe with immediate effect. Sander will lead the developer’s operations in Poland, Czech Republic and Slovakia as well as developing new opportunities for customers in Germany and Austria.
Thursday, 5. September 2019

CA Immo presents strong half-year result

With excellent operating results in the first half of the year, CA Immo has smoothly maintained the progress of 2018, itself a year of expansion. With a 19% increase in rental income, the company is reaping the benefit of last year’s intensive developments and acquisitions. Given the strong support of a dynamic market environ...
Friday, 30. August 2019

Net profit of Imofinanz more than doubles to €185.3 million in H1 2019

The strong earnings development recorded by Immofinanz in the previous year continued during the first half of 2019. Rental income rose by 10.8% (including the effects from the initial application of IFRS 16) to €131.8 million. After an adjustment for the IFRS 16 effects, the increase equalled 4.2%. The results of asset manag...
Thursday, 29. August 2019

Immofinanz more than doubles its profit to € 185.3m in first half of 2019

Net profit more than doubled to € 185.3 million (Q1–2 2018: € 86.2 million). Basic earnings per share equalled € 1.72 (Q1–2 2018: € 0.79) and diluted earnings per share € 1.53 (Q1–2 2018: € 0.73).Rental income rose by 10.8% to € 131.8 million. The results of asset management increased 6.6% to € 101.0 million, the operating pr...
Thursday, 29. August 2019

UBM and S Immo sell Vienna office development to EPH for €233m

Almost one and a half years before completion, UBM Development and its joint venture partner S Immo have sold the last section of the Quartier Belvedere Central (QBC) to the international investor EPH Eastern Property Holdings. The forward deal covers the QBC 1 & 2 office properties with over 38,000 m² of lettable space and t...
Thursday, 22. August 2019

Commerz Real sells “Optimum” in Vienna for €55 million to Conren Land

Commerz Real has sold the Vienna office property Optimum for approx. 55 million euros to a core-plus investment vehicle managed by Conren Land. Built in 2000, the building at Dresdner Straße 81-85 / Traisengasse 1 in the partial market Prater / Lasallestraße has been in the portfolio of the Commerz Real open-ended real estate...
Wednesday, 10. July 2019