CA Immo Returns Back to Black

Professional Services › Real Estate ♦ Published: November 25, 2010; 10:34 ♦ (Vindobona)

CA Immo presents its Q3 Results: strong increase in EBIT to € 134.6m (2009: € -6.1m), net income grew to € 13.5m (2009: € -78.3m).

CA Immo Returns Back to Black / Picture: © CA Immo AG

Against the background of a markedly friendlier business environment, especially regarding the real estate investment market, CA Immo was able to achieve a further improvement of key profitability figures. In addition to a number of successful disposals, the last months were characterized by the reaching of important milestones at development projects, especially the…

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