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IMMOFINANZ increases occupancy rate to record level of 96 per cent

IMMOFINANZ’s portfolio concentration on office and retail properties and the clear brand policy are producing sustainable success: The occupancy rate in the standing investment portfolio continued to improve in 2018 and, at 95.8%*, reached a new record level in the company’s history.

IMMOFINANZ’ myhive office brand proves a success story in Hungary - New services at myhive Atrium Park

Nearly two years have been passed since the opening of the first office building in Hungary under the brand myhive – IMMOFINANZ’ international office concept. Since then, the concept has already covered five Budapest office buildings of IMMOFINANZ, with a total of 113 000 sqm of leasable space and 56 tenants employing 7,500 people.

Immofinanz financial result

Results of the Q1-3 2018 in HUNGARY as of 30 September 2018

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

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 stronger earning power: results of operations more than tripled in half-year, FFO1 rises by 74%

Results of the Q1-2 2018 in HUNGARY as of 30 June 2018

IMMOFINANZ rents more than 14,000 sqm of office space in Budapest

IMMOFINANZ, one of the leading players in the Hungarian office market, has signed various lease agreements in the first half of 2018 accounting for more than 14,000 sqm of its Hungarian portfolio. This is equivalent to 9% of its current overall leasable office space in Budapest. Of this figure, new and expanded leases sum up to 5,800 sqm and prolongations account for more than 9,000 sqm.

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

Results of operations double to EUR 35.5 million

IMMOFINANZ opens two further retail parks – STOP SHOP portfolio now totals 72 locations

IMMOFINANZ has opened two further retail parks in its STOP SHOP brand. The STOP SHOP portfolio has now grown to 72 locations with roughly 500,000 sqm of rentable space in eight countries. The new properties are located in the Serbian cities of Požarevac (7,200 sqm) and Vršac (8,250 sqm). Both locations are 100% rented. The tenants include, among others, LC Waikiki, Reserved, Sinsay, CCC, Deichmann and DM.
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