CA Immo: Operating Performance above Expectations

People ♦ Published: January 14, 2014; 15:30 ♦ (Vindobona)

CA Immo: Strong performance in 2013 boosts profitability and share price development.

CA Immo: Operating Performance above Expectations / Picture: © CA Immo AG
  • 25% of real estate portfolio sold above book value in 2013
  • Trading income reduces (costly) financial liabilities
  • 2014 onwards: focused portfolio, revenue from project development and optimised financing costs to drive profitability and continued ability to pay dividends

As CA Immo streamlined its portfolio in 2013, around 25 % of the company’s…