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Tag: operating performance

IMMOFINANZ: FF0 1 for 2020 tops previous year, Executive Board recommends dividend of EUR 0.55 per share

IMMOFINANZ: FF0 1 for 2020 tops previous year, Executive Board recommends dividend of EUR 0.55 per share

Business, Business, Financial
FFO 1 before tax reaches EUR 126.1 million (+0.6%) Rental income rises by 3.1% to EUR 288.6 million, results of asset management stable at EUR 206.4 million Strong operating performance with an occupancy rate of 96% Net profit amounts to EUR -165.9 million due to crisis-related write-downs Available liquid funds total EUR 1.2 billion (incl. credit line) Positive development of S IMMO share price in Q1 2021 can lead to a revaluation of up to roughly EUR 96.0 million to the investment at the end of Q1 2021KEY Figures (IN MEUR)2020Δ IN %2019Rental income288.63.1%279.9Results of asset management206.4-0.4%207.3Results of property sales7.9n/a-5.1Results of