The IMMOFINANZ properties in Hungary represent 12.2% of the company’s total portfolio, including 31 properties with a carrying amount of EUR 529.9 million. The standing investment portfolio splits into 11 office buildings (13.6% of the total office portfolio) and 14 retail properties (13.4% of the total retail portfolio). The occupancy rate improved to 96.0% (31 December 2017: 93.8%).

In the 2018 financial year, rental income in Hungary rose by 5.2% to EUR 30.9 million, which accounts for 13.0% of the Group’s total rental income.

 

IMMOFINANZ