The IMMOFINANZ properties in Hungary represent 12.1% of the company’s total portfolio, including 31 properties with a carrying amount of EUR 517.9 million. The standing investment portfolio splits into 11 office buildings (12.6% of the total office portfolio) and 14 retail properties (14.4% of the total retail portfolio). The occupancy rate improved to 94.7% (31 December 2017: 93.8%).

In the first three quarters of the 2018 financial year, rental income in Hungary rose by 5.2% to EUR 22.8 million, which accounts for 13.0% of the Group’s total rental income.

 

IMMOFINANZ