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BUWOG AG (BWOA.VI)

BWOA.VI on Vienna Stock Exchange

28.90EUR
23 Feb 2018
Change (% chg)

€0.04 (+0.14%)
Prev Close
€28.86
Open
€28.82
Day's High
€28.90
Day's Low
€28.82
Volume
142,835
Avg. Vol
381,549
52-wk High
€29.00
52-wk Low
€22.58

Latest Key Developments (Source: Significant Developments)

BUWOG's Management Board And Supervisory Board Recommend To Accept Tender Offer By Vonovia
Tuesday, 13 Feb 2018 02:13am EST 

Feb 13 (Reuters) - BUWOG ::DGAP-NEWS: REASONED STATEMENT OF BUWOG AG - MANAGEMENT BOARD AND SUPERVISORY BOARD RECOMMEND TO ACCEPT TENDER OFFER BY VONOVIA.ACCEPTANCE PERIOD STARTED ON 5 FEBRUARY 2018 AND ENDS ON 12 MARCH 2018.‍SETTLEMENT FOR FIRST OFFER PERIOD OF TRANSACTION IS EXPECTED TO BE AT END OF MARCH 2018​.MANAGEMENT AND SUPERVISORY BOARD CONSIDER PREMIUM ON CLOSING SHARE PRICE ON DEC. 15, 2017 OF 18.1 PERCENT AS ADEQUATE.BOARDS BELIEVE PRICE OF EUR 29.05 PER SHARE, CONSIDERATION TO CONVERTIBLE BONDS HOLDERS CAN BE CONSIDERED ADEQUATE FROM FINANCIAL POINT OF VIEW​.  Full Article

Austrian Competition Authority cleared planned merger of Vonovia, Buwog
Tuesday, 6 Feb 2018 08:04am EST 

Feb 6 (Reuters) - Vonovia Se ::DGAP-NEWS: VONOVIA SE: COMPETITION AUTHORITIES CLEAR PLANNED MERGER WITH BUWOG.‍AUSTRIAN FEDERAL COMPETITION AUTHORITY HAS CLEARED PLANNED MERGER OF VONOVIA SE ("VONOVIA") AND BUWOG AG ("BUWOG") ON 5 FEBRUARY 2018​.‍GERMAN FEDERAL CARTEL OFFICE ALREADY GAVE ITS APPROVAL ON 25 JANUARY 2018​.  Full Article

Buwog buys N. Germany portfolio
Tuesday, 9 Jan 2018 04:28am EST 

Jan 9 (Reuters) - Buwog ::‍BUWOG GROUP HAS ACQUIRED AN EXTENSIVE PORTFOLIO OF RESIDENTIAL AND COMMERCIAL REAL ESTATE IN METROPOLITAN REGION OF HANNOVER AND BREMEN AS WELL AS IN KIEL, LÜBECK AND LÜNEBURG​.‍PURCHASE AMOUNTS TO A TOTAL OF 693 RESIDENTIAL UNITS, 32 COMMERCIAL UNITS AND 386 PARKING SPACES. REAL ESTATE PACKAGE TOTALLING 34 PROPERTIES HAS A TOTAL FLOOR AREA OF AROUND 41,300 SQM​.‍CURRENT VACANCY RATE IS 6%. AVERAGE ACTUAL RENT IS EUR 7.36 / SQM​.‍WE WILL ALSO ENHANCE ATTRACTIVENESS AND REDUCE VACANCIES TO 2%​.‍CONFIDENTIALITY ON PRICE OF TRANSACTION AND BUYERS REPRESENTED BY PMM PARTNERS HAS BEEN AGREED​.  Full Article

Buwog Acquires Real Estate Portfolio In Northern Germany
Tuesday, 9 Jan 2018 03:22am EST 

Jan 9 (Reuters) - BUWOG ::ACQUIRES REAL ESTATE PORTFOLIO IN NORTHERN GERMANY.PURCHASE PRICE NOT DISCLOSED.  Full Article

Buwog H1 Recurring FFO Up 32.4 Pct At EUR 76.3 Mln
Thursday, 21 Dec 2017 02:00am EST 

Dec 21 (Reuters) - BUWOG AG ::H1 NET PROFIT 180.4 MILLION EUR.H1 YEAR-ON-YEAR INCREASE OF 32.4% IN RECURRING FFO TO EUR 76.3 MILLION.H1 STRONG NET PROFIT OF EUR 180.4 MILLION.H1 EBITDA EUR 106.7 MILLION VERSUS 86.4 MILLION EUR YEAR AGO.FAIR VALUE ADJUSTMENTS FOR FIRST SIX MONTHS OF 2017/18 TOTALLED EUR 148.6 MILLION.  Full Article

Vonovia targets acquiring at least 50.1 percent of Buwog
Monday, 18 Dec 2017 05:03am EST 

Dec 18 (Reuters) - Vonovia CEO says::DOES NOT EXPECT ANTITRUST ISSUES FOR BUWOG <<>> TAKEOVER.EXPECTS TO BUILD 4,000 APARTMENTS ANNUALLY AFTER BUWOG DEAL.EXPECTS SETTLEMENT OF DEAL ON MARCH 26, TO BE FFO ACCRETIVE FROM END-2019.DOES NOT PLAN TO HIKE CAPITAL TO FINANCE DEAL.AIM TO ACQUIRE AT LEAST 50.1 PERCENT OF BUWOG SHARES, BUWOG TO REMAIN LISTED ON STOCK EXCHANGE.  Full Article

Vonovia to build more apartments after Buwog acquisition
Monday, 18 Dec 2017 03:35am EST 

Dec 18 (Reuters) - Vonovia CEO says::PLANS TO BUILD SIGNIFICANTLY MORE THAN 2,000 APARTMENTS ANNUALLY AFTER BUWOG <<>> ACQUISITION.  Full Article

BUWOG's ‍Management And Supervisory Board Have Positive Stance Towards Vonovia Offer​
Monday, 18 Dec 2017 03:13am EST 

Dec 18 (Reuters) - BUWOG ::DGAP-ADHOC: BUWOG AG: TAKEOVER OFFER FOR BUWOG AG ANNOUNCED BY VONOVIA SE.‍MANAGEMENT BOARD AND SUPERVISORY BOARD OF BUWOG AG HAVE A POSITIVE STANCE TOWARDS OFFER​.  Full Article

BUWOG resolves FY 2016/17 dividend of EUR 0.69/shr
Tuesday, 17 Oct 2017 11:57am EDT 

Oct 17 (Reuters) - BUWOG ::DGAP-NEWS: BUWOG AG: DIVIDEND ANNOUNCEMENT.‍RESOLVED UPON A DIVIDEND DISTRIBUTION FOR 2016/17 FINANCIAL YEAR OF EUR 0.69 PER SHARE BEARING DIVIDEND ENTITLEMENT​.  Full Article

BUWOG sees revaluation results of standing investment properties of at least EUR 135 mln for H1
Monday, 16 Oct 2017 11:16am EDT 

Oct 16 (Reuters) - BUWOG :DGAP-ADHOC: BUWOG AG EXPECTS SIGNIFICANT REVALUATION RESULTS OF ITS STANDING INVESTMENT PROPERTIES FOR THE FIRST HALF OF THE FINANCIAL YEAR 2017/18.‍EXPECTED POSITIVE REVALUATION RESULT OF STANDING INVESTMENT PROPERTIES OF BUWOG AG OF AT LEAST EUR 135 MN FOR FIRST HALF OF FINANCIAL YEAR 2017/18​.  Full Article

BRIEF-BUWOG's Management Board And Supervisory Board Recommend To Accept Tender Offer By Vonovia

* DGAP-NEWS: REASONED STATEMENT OF BUWOG AG - MANAGEMENT BOARD AND SUPERVISORY BOARD RECOMMEND TO ACCEPT TENDER OFFER BY VONOVIA