Founded in 1990 and headquartered in Vienna, IMMOFINANZ is a leading commercial real estate company with a focus on office (c. 63% by carrying amount) and retail (c. 36%) 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 5.0 bn
Company's shares have traded on the Vienna Stock Exchange since December 1994
Portfolio property value by country1
Poland
MEUR 977.7
19.4%
Germany
MEUR 586.1
Slovakia
11.6%
MEUR 326.8
Czech Republic
6.5%
MEUR 573.6
Romania
11.4%
MEUR 777.7
Austria
15.4%
MEUR 917.5
18.2%
Adriatic region3
4
Hungary
Developed markets:
MEUR 415.9
49.2%
MEUR 453.1
8.2%
9.0%
Key figures as of 09/2021
MEUR 5,046.4
MEUR 295.7
94.1%
Portfolio value
Net profit
Occupancy rate
6.3%2
36.6%
MEUR 1,016.9
Gross return
Net LTV
Cash and cash
equivalents
Portfolio segmentation
Office
Retail
Others
62.7%
35.8%
1.5%
Standing
Development Pipe-
investments
projects line
89.3%
7.5% 3.2%
1 Excludes MEUR 18.0 (0.4%) in further countries (Turkey); 2 5.9% on IFRS rental income; 3 Adriatic region includes Slovenia, Serbia and Croatia 4 As defined by FTSE EPRA/NAREIT
3
At a glance
IMMOFINANZ key pillars of strategy
Focus on crisis-resistant real estate solutions based on a robust financial fundament
Portfolio delivering consistent growth in FFO 1¹ (in MEUR) despite negative Covid-19 effects in 2020 and 2021…
125.3
126.1
105.6
90.7
Strategic diversification by
Clear brand-strategy,focused
asset classes and regions -
on innovative Office and
active in stable and growing
Retail solutions with strong
markets
customer orientation
Robust financial position, underpinned by stability of cash flow and Investment
Grade rating²
2018
2019
2020
Q1-3 2021
… by operating on high occupancy rates
Strong commitment to
sustainability affects entire
Experienced and successful
range of activities
management team
95.8%
Sustainable dividend policy (EUR 0.75 per share will be recommended for FY 2020)
96.8%
96.0% 94.1%
FFO 1 for the years 2018, 2019 and 2020 includes dividends from CA Immo resp. S IMMO, FFO 1 H1 2021 excl. dividend payments ² Investment Grade credit rating of BBB- / Stable outlook
2018
2019
2020
Q1-3 2021
4
Portfolio
5
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Disclaimer
Immofinanz AG published this content on 20 December 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 22 December 2021 14:56:03 UTC.
Immofinanz AG is an Austria-based real estate company that invests in commercial properties. The Companyâs core activities are the management and development of retail and office properties in selected Central and Eastern European countries. The Company focuses its operations on such markets as Austria, Germany, the Czech Republic, Slovakia, Hungary, Slovenia, Romania and Poland. The Company manages a portfolio of approximately 240 properties, covering rentable space of approximately 1.8 million square meters. In the office sector, the Company concentrates on the capital cities of the core countries and the major office locations in Germany with its international myhive brand. The Company's activities in the retail sector are based on the brands STOP SHOP for retail parks and VIVO! for shopping centers which are designed for secondary and tertiary cities of Central and Eastern Europe.