CA Immo: Initial Consolidation of Europolis Prompts Sharp Rise in Earnings

Lifestyle & Travel › Personal Real Estate ♦ Published: May 25, 2011; 09:43 ♦ (Vindobona)

The figures for the first quarter of 2011 show a strong rise in earnings following the inclusion of Europolis into the consolidated accounts of the Austrian real estate group.

CA Immo: Initial Consolidation of Europolis Prompts Sharp Rise in Earnings / Picture: © Vindobona.org

Compared to the first three months of last year, the rental income of the CA Immo Group rose by 52.6% to stand at € 63.7m, of which around € 23.6m is accounted for by the initial consolidation of the Europolis Group. Net operating income was up 59.9% to € 52.8m. This figure includes a contribution to earnings from the sale of properties intended for trading of € 1.8m (against…

or Log In

Fast News Search
Related News
CA Immo Sold Two Shopping Centers in the Czech Republic (May 24, 2011)
Presentation of Austrian Top Companies at Equity Day in Paris (March 30, 2011)
Significant Rise in Earnings for CA Immo (March 9, 2011)
Real Estate Companies Return to ATX (March 3, 2011)
CA Immo: „Bid of UniCredit too low“ (January 29, 2011)
Bank Austria Increases its CA-Immo Stake (January 14, 2011)
Read More
CA Immo, Real Estate Industry, Property Market, Europolis, Earnings
Featured
See latest Vindobona Newsletter