Equities

IIA

AT0000A21KS2

Real Estate Development & Operations

Market Closed - Wiener Boerse Other stock markets 11:35:15 2024-05-23 am EDT			After market 12:52:28 pm
23.75 ^EUR	0.00%		23.68	-0.32%

May. 08	CPI Property Group Closes Offering of EUR500 Million Green Bonds	MT
May. 06	Immofinanz Strikes EUR150 Million Deal to Divest Austrian Office Property	MT

Euro Real Estate Holding S. à R.L. acquired City Tower Vienna from IMMOFINANZ AG for ?150 million.

May 05, 2024

Euro Real Estate Holding S. à R.L. acquired City Tower Vienna from IMMOFINANZ AG (WBAG:IIA) for ?150 million on May 6, 2024. Clemens Rainer, Michael Lagler, Markus Buchleitnerk, Christoph Jirak , Laurenz Schwitzer, Mate Kovacs and Miriam Simsa of Schönherr Rechtsanwälte Gmbh acted as legal advisor to Euro Real Estate. Leopold Höher and Marika Lomashvili of Wolf Theiss advised UniCredit Bank Austria AG.

Euro Real Estate Holding S. à R.L. completed the acquisition of City Tower Vienna from IMMOFINANZ AG (WBAG:IIA) on May 6, 2024.

Latest news about IMMOFINANZ AG

CPI Property Group Closes Offering of EUR500 Million Green Bonds	May. 08	MT
Immofinanz Strikes EUR150 Million Deal to Divest Austrian Office Property	May. 06	MT
Euro Real Estate Holding S. à R.L. acquired City Tower Vienna from IMMOFINANZ AG for ?150 million.	May. 05	CI
IMMOFINANZ AG Reports Earnings Results for the Full Year Ended December 31, 2023	Mar. 27	CI
Immofinanz Sells Two Office Properties in Austria	Mar. 15	MT
An unknown buyer acquired Grand Center Zagreb office property from IMMOFINANZ AG.	Feb. 07	CI
Immofinanz to Buy Two Properties from CPI Property Group	Dec. 21	MT
IMMOFINANZ AG acquired Two Properties in Czech Republic from CPI Property Group for approximately ?170 million.	Dec. 19	CI
IMMOFINANZ AG Announces Resignation of Gayatri Narayan from the Supervisory Board, Effective on December 31, 2023	Dec. 12	CI
IMMOFINANZ AG Reports Earnings Results for the Nine Months Ended September 30, 2023	Nov. 29	CI
S IMMO AG acquired Office properties and a hotel from IMMOFINANZ AG.	23-10-24	CI
European Midday Briefing : Caution Dominates with ECB Decision in View	23-09-14	DJ
Transcript : IMMOFINANZ AG, H1 2023 Earnings Call, Aug 31, 2023	23-08-31
IMMOFINANZ AG Reports Earnings Results for the Half Year Ended June 30, 2023	23-08-30	CI
Austria’s S Immo Buys Vienna Twin Towers From Immofinanz	23-07-11	MT
S IMMO AG acquired Vienna Twin Towers from IMMOFINANZ AG.	23-07-10	CI
Erste Appoints Ulrike Gehmacher as Head of Sustainability	23-06-26	DJ
IMMOFINANZ AG Appoints Pavel Mechura to the Executive Board	23-06-16	CI
IMMOFINANZ AG Reports Earnings Results for the First Quarter Ended March 31, 2023	23-04-29	CI
S IMMO AG completed the acquisition of office buildings in Vienna from IMMOFINANZ AG.	23-04-02	CI
Transcript : IMMOFINANZ AG, 2022 Earnings Call, Mar 31, 2023	23-03-31
IMMOFINANZ AG Reports Earnings Results for the Full Year Ended December 31, 2022	23-03-23	CI
Immofinanz to Sell Vienna Offices to S Immo for EUR411 Million	23-02-24	MT
S IMMO AG signed a letter of intent to acquire office buildings in Vienna from IMMOFINANZ AG.	23-02-23	CI
Immofinanz, S Immo Sign Deal for Synergies, Further Integration	23-01-23	MT

Chart IMMOFINANZ AG

Duration

Period

More charts

Company Profile

Immofinanz AG is an Austria-based real estate company that invests in commercial properties. The Companyâs core activities are the management and development of retail and office properties in selected Central and Eastern European countries. The Company focuses its operations on such markets as Austria, Germany, the Czech Republic, Slovakia, Hungary, Slovenia, Romania and Poland. The Company manages a portfolio of approximately 240 properties, covering rentable space of approximately 1.8 million square meters. In the office sector, the Company concentrates on the capital cities of the core countries and the major office locations in Germany with its international myhive brand. The Company's activities in the retail sector are based on the brands STOP SHOP for retail parks and VIVO! for shopping centers which are designed for secondary and tertiary cities of Central and Eastern Europe.

Sector

Real Estate Development & Operations

Calendar

2024-05-26 - Q1 2024 Earnings Release

Related indices

ATX Austrian

More about the company

Income Statement Evolution

More financial data

Analysts' Consensus

Sell

Buy

Mean consensus

UNDERPERFORM

Number of Analysts

Last Close Price

23.75 EUR

Average target price

20.5 EUR

Spread / Average Target

-13.68%

Consensus

Annual profits - Rate of surprise

Company calendar

Sector Other Real Estate Development & Operations

	1st Jan change	Capi.
IMMOFINANZ AG	+12.83%	3.55B
CHINA RESOURCES LAND LIMITED	+12.86%	29.5B
SUN HUNG KAI PROPERTIES LIMITED	-6.16%	27.93B
MITSUI FUDOSAN CO., LTD.	+22.93%	25.35B
DLF LIMITED	+16.61%	25.19B
CHINA OVERSEAS LAND & INVESTMENT LTD.	+16.42%	22.63B
MITSUBISHI ESTATE CO., LTD.	+32.45%	21.24B
EMAAR PROPERTIES	+0.38%	19.35B
POLY DEVELOPMENTS AND HOLDINGS GROUP CO., LTD.	+10.20%	18.49B
HENDERSON LAND DEVELOPMENT COMPANY LIMITED	+8.73%	16.62B

Other Real Estate Development & Operations