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Immofinanz AG (IMFI.VI)

IMFI.VI on Vienna Stock Exchange

2.05EUR
22 Jun 2018
Change (% chg)

€0.01 (+0.39%)
Prev Close
€2.04
Open
€2.05
Day's High
€2.05
Day's Low
€2.04
Volume
786,962
Avg. Vol
2,297,915
52-wk High
€2.30
52-wk Low
€1.82

Latest Key Developments (Source: Significant Developments)

Immofinanz says 2,399,134 Shares Tendered in Starwood Offer
Wednesday, 6 Jun 2018 04:47am EDT 

June 6 (Reuters) - Immofinanz AG ::IMMOFINANZ SAYS UNTIL THE END OF THE ACCEPTANCE PERIOD 2,399,134 SHARES OF IMMOFINANZ AG HAVE BEEN TENDERED FOR SALE INTO THE STARWOOD OFFER.  Full Article

Immofinanz Q1 FFO 1 Roughly Triples To EUR 29.1 Million
Tuesday, 29 May 2018 11:57am EDT 

May 29 (Reuters) - Immofinanz AG ::DGAP-NEWS: IMMOFINANZ WITH STRONG OPERATING DEVELOPMENT IN THE FIRST QUARTER OF 2018 - COST SAVINGS TAKE EFFECT.Q1 RESULTS OF OPERATIONS DOUBLE TO EUR 35.5 MILLION.Q1 LIKE-FOR-LIKE RENTAL INCOME RISES BY 3.7%.Q1 FFO 1 ROUGHLY TRIPLES TO EUR 29.1 MILLION.Q1 EARNINGS BEFORE TAX OF EUR 27.2 MILLION (EUR 107.0 MILLION).Q1 NET PROFIT FROM CONTINUING OPERATIONS AT EUR 4.3 MILLION (EUR 101.7 MILLION).OUTLOOK CONFIRMED FOR FFO 1 OF OVER EUR 100.0 MILLION IN 2019 (EXCLUDING. CA IMMO).Q1 RENTAL INCOME ROSE BY 3.3% TO EUR 59.0 MILLION.SAYS BIDDING PROCESS FOR CA IMMO STAKE IS EXPECTED TO BE CONCLUDED DURING SUMMER 2018.SAYS ACTIVITIES ARE CURRENT IN PROGRESS TO OBTAIN APPROVAL OF ANTI-TRUST AUTHORITIES IN SEVERAL COUNTRIES FOR ACQUISITION OF A 29.1% INVESTMENT IN S IMMO.SAYS THIS TRANSACTION SHOULD BE CONCLUDED DURING SUMMER.  Full Article

Immofinanz to propose 2017 dividend of 0.07 eur/shr
Thursday, 29 Mar 2018 10:00am EDT 

March 29 (Reuters) - Immofinanz AG ::Executive board passes a resolution to recommend a dividend of 7 euro cents per share for the 2017 financial year.  Full Article

CA Immobilien says will carefully examine Starwood's offer
Thursday, 22 Mar 2018 07:00am EDT 

March 22 (Reuters) - CA Immobilien Anlagen AG ::Says welcomes interest of international investors ‍​.Says Starwood Capital has an excellent reputation‍​.Says board will carefully examen Starwood's offer.  Full Article

CA Immo Declines To Comment On Starwood's Offer To Acquire Stake In Company
Thursday, 22 Mar 2018 03:00am EDT 

March 22 (Reuters) - CA Immobilien Anlagen AG ::CA IMMO SPOKESWOMAN DECLINES TO COMMENT ON STARWOOD'S OFFER TO ACQUIRE STAKE IN COMPANY.  Full Article

SOF-11 Starlight 10 EUR To Launch Takeover Offers To Shareholders Of CA Immobilien And Immofinanz AG
Wednesday, 21 Mar 2018 11:40pm EDT 

March 21 (Reuters) - :SOF-11 STARLIGHT 10 EUR S.A R.L. LUXEMBOURG (NOT CA IMMOBILIEN ANLAGEN) - TAKEOVER OFFER OF CA IMMO AIMED AT BUYING UPTO 25.7 MILLION BEARER SHARES OF CA IMMO.SOF-11 STARLIGHT 10 EUR S.A R.L., LUXEMBOURG - TO LAUNCH PUBLIC TAKEOVER OFFERS TO SHAREHOLDERS OF CA IMMOBILIEN ANLAGEN AND IMMOFINANZ AG.SOF-11 STARLIGHT 10 EUR S.A R.L., LUXEMBOURG - TAKEOVER OFFER TO SHAREHOLDERS OF IMMOFINANZ AIMED AT BUYING UP TO 55.8 MILLION BEARER SHARES OF IMMOFINANZ.SOF-11 STARLIGHT 10 EUR S.A R.L., LUXEMBOURG - SHAREHOLDERS OF CA IMMO ARE OFFERED OFFER PRICE OF EUR 27.50 PER CA IMMO SHARE ON A CUM DIVIDEND BASIS.  Full Article

Immofinanz Resolves Share Buyback Programme 1/2018
Thursday, 8 Mar 2018 07:07am EST 

March 8 (Reuters) - Immofinanz AG ::DGAP-ADHOC: IMMOFINANZ AG RESOLVES SHARE BUYBACK PROGRAMME 1/2018.REPURCHASE IS EXPECTED TO START AT EARLIEST ON 14 MARCH 2018.VOLUME AMOUNTS UP TO A MAXIMUM OF 15 MILLION SHARES.  Full Article

S IMMO Increases Its Stake In Immofinanz To Approximately 11.82%
Wednesday, 28 Feb 2018 12:05pm EST 

Feb 28 (Reuters) - S IMMO AG ::PTA-ADHOC: S IMMO AG: S IMMO INCREASES ITS STAKE IN IMMOFINANZ AG TO APPROXIMATELY 11.82%.‍ACQUIRED 60,000,000 SHARES IN IMMOFINANZ AG FROM SEVERAL SELLERS OFF-MARKET​.  Full Article

CA Immobilien Anlagen: Immofinanz Says Merger Discussions To Remain Suspended
Wednesday, 28 Feb 2018 09:00am EST 

Feb 28 (Reuters) - CA IMMOBILIEN ANLAGEN AG ::IMMOFINANZ AG ANNOUNCES MERGER DISCUSSIONS TO REMAIN SUSPENDED FOR THE TIME BEING.‍WILL CONTINUE TO PROGRESS IN TERMS OF OPERATIONAL AND STRATEGIC TARGETS​.  Full Article

Immofinanz Extends Contract With CFO Schoenauer Till April 2021
Wednesday, 28 Feb 2018 07:49am EST 

Feb 28 (Reuters) - Immofinanz AG ::DGAP-NEWS: IMMOFINANZ: EARLY EXTENSION OF EXECUTIVE BOARD CONTRACT WITH CFO STEFAN SCHÖNAUER.EXTENDED CONTRACT WITH STEFAN SCHÖNAUER AHEAD OF SCHEDULE BY TWO FURTHER YEARS TO 30 APRIL 2021.  Full Article

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Property investors in Austria give Starwood the cold shoulder

VIENNA U.S. investment firm Starwood Capital failed on Wednesday in its attempt to take major stakes in Austrian property groups CA Immo and Immofinanz , as shareholders bet a more lucrative deal could be secured.