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Articles - Portfolio

IMMOFINANZ expands STOP SHOP portfolio to 80 locations with eight new acquisitions

11/14/18

IMMOFINANZ is driving the expansion of its successful STOP SHOP retail park brand and has now purchased eight retail parks in Slovenia, Serbia and Croatia. The purchase price totals approximately EUR 90.5 million. The newly acquired properties are fully rented and generate annual rental income of roughly EUR 7.2 million, which represents a gross return of 8.0%

IMMOFINANZ with strong operating development in the first quarter of 2018 – cost savings take effect

5/30/18

Results of operations double to EUR 35.5 million

IMMOFINANZ grows stronger in the first half of 2017: Significant increase in Group net profit to EUR 105.3 million

8/30/17

IMMOFINANZ recorded a significant increase in net profit to EUR 105.3 million in the first half of 2017 (H1 2016: EUR -243.3 million). Net profit from continuing operations, i.e. excluding Russia, totalled EUR 113.1 million (H1 2016: EUR -123.9 million). Rental income remained stable at EUR 114.9 million (H1 2016: EUR 115.9 million) despite the continuing sale of non-strategic properties.

Over 53,000 employed in CTP developments last year

1/16/17

According to the latest numbers, more than 53,000 people currently work in CTP’s industrial areas and office parks in the CEE region. In response to the increasing number of employees, the leading industrial real estate developer is focusing on improving both services and facilities in its CTPark developments.

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Harkácsi István

+36 30 644 7655


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