CA Immo Below Expectations

Businessn.a. ♦ Published: August 21, 2012; 10:03 ♦ (Vindobona)

The Austrian real estate company achieved a 83 % increase of consolidated net income after minorities in the first half year of 2012. Rental income reached € 140.7m (+10 %).

CA Immo Below Expectations / Picture: © Vindobona.org

The first half of 2012 has brought tangibly positive developments for CA Immo. The long-term result has risen sharply, mainly as a consequence of additional rental revenue from in-house developments recently completed. In addition a series of successful sales were subsequently announced. Rental income increased by 9.7 % to stand at € 140.7 m. The net operating income…

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