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CA Immo Pays Dividends for the First Time
The Austrian real estate company reported figures for 2011 today. The first-time consolidation of Europolis and successful sales lead to an increase in earnings. Profits were up by 38%.
CA Immo Pays Dividends for the First Time / Picture: © Vindobona.org
Bruno Ettenauer, CEO of CA Immo: "2011 was a good year for CA Immo. We have reached our main targets and can therefore as planned distribute a dividend to our shareholders for the first time."
Measured against 2010, rental income increased by 61.5% to € 265.6m. In regional terms more than a half of gross revenues derived from Eastern and South Eastern Europe. Property sales…
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