Immofinanz Q1 2024: High Occupancy, Strong Financials, Eur 8.1B Portfolio

ByLisa Luckas

05/27/2024
Immofinanz Sells 2 Office Properties in Vienna's 20th DistrictImmofinanz Sells 2 Office Properties in Vienna's 20th DistrictImmofinanz Sells 2 Office Properties in Vienna's 20th District

May 27 2024 16:44:57 — IMMOFINANZ reported strong Q1 2024 growth: rental income up 11.5% to EUR 143.2M, asset management results up 14.3% to EUR 120M, operations up 26.4% to EUR 104.3M, net profit more than doubled to EUR 49.7M. High occupancy at 92.1%, robust financials with EUR 639.5M cash, 48.5% equity ratio. Portfolio valued at EUR 8.1B, ongoing strategic sales and acquisitions. Resilient strategy amid challenging market.

Immofinanz primer trimestre de 2024: alta ocupación, situación financiera sól…

ByLisa Luckas

Lisa Luckas is a Sr. Business News Editor at Nobot.News.

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