Euro. In addition to the successful management of the investment portfolio with a high occupancy rate, this positive development is related to the portfolio growth of recent months. Thanks to its stable and solid positioning, CA Immo still expects the losses caused by the Covid-19 pandemic to be minor and short-term. It … ensuring reliable planning for projects and land value increases) as well as changes in market yields for office properties. In the course of the first three quarters, CA Immo added three new office buildings to its portfolio: the 14,800 sqm fully let MY.B. We were able to take full advantage of this environment to optimize the quality of our investment portfolio by selectively buying and selling properties at very attractive conditions. In the first nine months of 2020, CA Immo recorded solid growth in rental income of 7.7% to € 177.6 m (1-3Q 2019: € 164.8 m). Investment properties under development include projects under development and land reserves (incl. At the same time, we placed our first Green Bond for the (re)financing of our sustainable project developments with great success. In October, CA Immo was also able to expand its Warsaw portfolio with the purchase of the almost fully let landmark office building 'Postepu 14' with a rentable effective area of around 34,500 sqm. Properties intended for trading or sale account for the remaining 2% of property assets. Die Bundeswohnungen (Buwog und andere) gingen 2004 an ein Konsortium von RLB OÖ und Immofinanz, die CA Immo als Mitbewerber ging leer aus. FFO I per share stood at € 1.13 on the reporting date (1-3Q 2019: € 1.09). The result from interest rate derivative transactions includes non-cash valuation effects in connection with the convertible bond (€ 56.2 m) plus interest rate hedges and amounted to € 44.9 m (€ -52.9 m in 1-3Q 2019). Distributed by Public, unedited and unaltered, on 25 November 2020 17:20:00 UTC, www.caimmo.com/en/investor-relations/financial-reports/, Chief Financial Officer, Head-Accounting & Taxes. Property assets include investment properties (85% share of the total portfolio) and investment properties under development (12%). The parliamentary committee of inquiry into the billion-dollar Wirecard balance sheet scandal in Germany has fined two representatives of Read more, Vienna. Die CA Immo ist sehr zuversichtlich, die Schadenersatzklage zu gewinnen. Der frühere Vorstandsdirektor der CA Immo, Wolfhard Fromwald, hat gestern zum zweiten Mal im BUWOG-Prozess als Zeuge aussagen müssen. The increase is related to the benchmark bond mentioned above. Negative value adjustments were linked primarily to hotel and retail properties directly affected by the consequences of the pandemic as well as investment buildings in the CEE region. Alongside the usual agenda items, resolutions on the reduction of the Supervisory Board by one member and the dividend proposal of € 1.0 per share (11% increase of the previous year's dividend) found a large majority. CA Immo and Immofinanz had agreed in 2016 to merge and create a property heavyweight but the plan fell through this year after pressure from an activist investor. The issue generated strong demand from over 150 investors and was more than 5 times oversubscribed. The loan-to-value ratio based on market values as at 30 September 2020 was 32.8% (net, taking account of Group cash and cash equivalents) compared to 31.9% at the start of the year. The result for the period wa s € 88.0 m, significantly below the 1-3Q 2019 value o f € 177.9 m. Earnings per share amounted t o € 0.95 on the balance sheet dat e (€ 1.91 per share in 1-3Q 2019). Die Bundeswohnungen (Buwog und andere) sind 2004 an ein Konsortium von RLB OÖ und Immofinanz gegangen, die CA Immo als Mitbewerber ging leer aus. Er betonte, dass es … Starwood had launched its … Without a provision of 25.5 million euros for the Buwog lawsuit, EBITDA would have increased by 22.3 percent to 161.6 million euros, CA Immo announced on Wednesday evening. Without provision for damages lawsuit fees, the result would have been even better. Nonetheless, we are unable conclusively to assess the full impact of the Covid-19 pandemic on our operational business at this time. EBITDA grew by 3.0 percent to EUR 136.1 million, compared to EUR 90.3 million in the first half of the year. € 1.06). Earnings before taxes (EBT) totalled € 120.4 m and stood substantially below the previous year's value of € 247.8 m, largely because of the weaker revaluation result. Successful capital rotation with portfolio growth in Berlin and Warsaw. Despite a positive valuation contribution in the 3rd quarter, the negative revaluation result - as a result of the pandemic and its various effects - continues to have a negative impact on consolidated net income. Earnings before interest and taxes (EBIT) were € 110.7 m, 66.0% below the 1-3Q 2019 result of € 325.2 m, primarily driven by the weaker revaluation result. Der Republik Österreich sollen dadurch laut Aussage von Grünen-Abgeordneter Moser bis zu einer Milliarde Euro entgangen sein. FFO II adjusted per share stood at € 1.29 (1-3Q 2019: This underscores our commitment to the transition to a low-carbon, sustainable economy, while at the same time taking advantage of favorable market conditions to further optimize our financing structure and costs. The Group's financial liabilities stood at € 2,448.6 m on the key date (against € 2,097.3 m on 31.12.2019). Immofinanz agreed to buy a 26 percent stake in CA Immo from Russian billionaire Boris Mints’s O1 Group Ltd. in a first step to a full merger, the company said in a statement on Monday. CA Immo or CA Immobilien Anlagen is an Austrian real estate company with branch offices in Germany and CEE. The net asset value (IFRS NAV) per share stood at € 31.83 (undiluted) on 30 September 2020 against € 31.90 at the end of 2019, a decrease of 0.2%. An FFO I of € 104.7 m was generated in the first nine months of 2020, 3.3% above the previous year's value of € 101.4 m. FFO I, a key indicator of the Group's recurring earning power, is reported before taxes and adjusted for the sales result and other non-permanent effects. CA Immo's properties (among it is the depicted Cube Berlin) … Euro geltend Gegenüber Grasser und anderen Angeklagten - Plech-Aussage verlesen: 700.000 bis 800.000 Euro in bar in Wien übergeben Der 165. CA Immo operativ besser - Neubewertung, Buwog-Rückstellung drückten. On the key date, taxes on earnings stood at € -32.4 m (1-3Q 2019: € -69.9 m). The organic growth of the portfolio through own project completions and the continuing high occupancy rate of the investment portfolio (occupancy rate: 95%) resulted in a further strong increase in net result from rent (+10.5% on the previous year). Rental income increased by 7.7 percent to EUR 177.6 million in the nine months. Cash and cash equivalents stoo d at € 739.1 m on the balance sheet date (€ 439.1 m on 31.12.2019). Die Causa Buwog hat eine neue Facette. CA Immo has taken the decision to bring an action for damages against the Republic of Austria and the Province of Carinthia for unlawful and culpably biased influence on the best bidder procedure in the context of privatization of the Federal Residential Property companies in 2004 and for the unlawful failure to win the best bidder procedure. Austrian real estate companies CA Immo and s-Immo felt the pressure of the Covid-19 crisis and had to face significant revaluations of their properties in Austria, Germany and Central Eastern Europe. Den Betrag von 1,9 Milliarden Euro hat die CA Immo mit Unterstützung von externen Anwälten und Experten festgelegt. Berlin. The book value of property assets stood - almost unchanged to 31 December 2019 - at € 5.2 bn as at the key date. The value of the investment portfolio increased to roughly € 4.5 bn (31 December 2019: € 4.3 bn) as a result of the takeover of two project completions and a portfolio acquisition during the first three quarters, and is distributed among CEE (43%), Germany (45%) and Austria (12%). Teilen Twittern. Glücklich wohnen | Unter dem Motto „glücklich wohnen“ konzipiert, realisiert und bewirtschaftet die BUWOG seit bereits über 69 Jahren zeitgemäße und an die Bedürfnisse der Menschen angepasste Wohnlösungen in Österreich. Gearing was 57.7% on the key date (55.8% on 31.12.2019). The yearly target for recurring earnings (FFO I) is unchanged >€ 126 m (yearly target for 2019: >€ 125 m). In the past, the state air traffic control system Austro Control was criticized by the Court of Auditors with Read more. The Interim Financial Statement as at 30 September 2020 of CA Immobilien Anlagen AG is available at: www.caimmo.com/en/investor-relations/financial-reports/, CA Immobilien Anlagen AG published this content on 25 November 2020 and is solely responsible for the information contained therein. The undiluted EPRA NAV stood at € 38.36 per share on the key date (€ 38.36 per share on 31.12.2019). Strong operating result with growth in rental income, EBITDA and FFO despite Covid-19 environment Recurring earnings up 3.3% on last year to € 104.7 m... | November 25, 2020 Adjusted for this one-off effect in the amount of around € 25.5 m, indirect expenses arriving at € 33.9 m were 7.3% higher than in the previous year.As a result of the developments outlined above, earnings before interest, taxes, depreciation and amortisation (EBITDA) rose by 3.0% to € 136.