Investor´s Update
Q1-3 2021
December 2021
- At a glance
2
At a glance
A leading 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 (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
Attachments
- Original Link
- Original Document
- Permalink
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.