Investor Presentation
Q1-3 2022
November 2022
- At a glance
At a glance
A European commercial property specialist
Company snapshot
-
Founded in 1990 and headquartered in Vienna, IMMOFINANZ is a leading commercial real estate company with a focus on office (ca. 58% by carrying amount) and retail (c. 41%) in selected countries in Western and Central
Eastern Europe - Amongst the largest European commercial real estate players with strong market position in each of its core markets across a portfolio valued EUR 5.5 bn
- Company's shares have been traded on the Vienna Stock Exchange since December 1994
Portfolio property value by country1 | Poland | ||||||||||
MEUR 1,033.4 | |||||||||||
18.8% | |||||||||||
Germany | |||||||||||
MEUR 630.3 | Slovakia | ||||||||||
11.5% | |||||||||||
MEUR 335.4 | |||||||||||
Czech Republic | 6.1% | ||||||||||
MEUR 666.7 | Romania | ||||||||||
12.1% | MEUR 795.3 | ||||||||||
Austria | 14.5% | ||||||||||
MEUR 1,000.1 | |||||||||||
18.2% | |||||||||||
Adriatic region3 | Hungary | ||||||||||
MEUR 566.7 | |||||||||||
MEUR 462.6 | |||||||||||
10.3% | |||||||||||
8.4% | |||||||||||
Key figures Q1-3 2022
MEUR | MEUR 248.6 | 94% | ||||||
5,498.8 | ||||||||
Net profit | Occupancy rate | |||||||
Portfolio value | ||||||||
6.4%2 | 33.7% | MEUR 241.7 | ||||||
Gross return | Net LTV | Cash and cash | ||||||
equivalents | ||||||||
Portfolio segmentation | ||||||||
Office | Retail | Others | ||||||
58% | 41% | 1% | ||||||
Standing | Development Pipe- | |||||||
investments | projects line | |||||||
89% | 8% 3% |
1 Excludes MEUR 8.5 (0.2%) in further countries (Turkey); 2 6.0% on IFRS rental income (the return was adjusted to reflect the retail property acquisitions made in September 2022); 3 Adriatic region includes Serbia, Slovenia, Croatia and Italy | 3 |
At a glance
Successful value-enhancement strategy
- Well-definedportfolio strategy with crisis-resilient and sustainable real estate solutions
- Robust financial foundation as a strong base for stable cash flow
Strategic diversification by asset class | Active portfolio management: Asset | |||||||||
Clear brand strategy focused on | ||||||||||
and region - active in stable and growing | innovative office and retail solutions with | rotation program to realize valuation | ||||||||
markets | strong customer orientation | gains and to streamline the portfolio | ||||||||
Strong commitment to sustainability | Robust financial structure and strong | IMMOFINANZ and CPIPG work together | ||
covers entire range of activities | commitment to IG rating support long- | to identify how both groups can benefit | ||
term growth and stable cash flow | from the realization of synergies | |||
4
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Disclaimer
Immofinanz AG published this content on 29 November 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 29 November 2022 11:51:19 UTC.