CA Immo to Downsize

People ♦ Published: October 19, 2012; 18:54 ♦ (Vindobona)

Florian Nowotny, CFO of the Austrian real estate company announces further property sales.

CA Immo to Downsize / Picture: ©

In 2012, CA Immo plans to distribute dividends of € 0.35 per share. “We want to establish a stable dividend policy.” Nowotny says. Last year, dividends came at € 0.38. The dividend should come at 2% of the company´s net asset value, Nowotny explains.

In the next months, CA Immo will continue its downsizing program. CA Immo´s total assets should be reduced from € 5.0bn…