Immofinanz: Increasing Rental Income Ahead

Professional ServicesReal Estate ♦ Published: December 19, 2012; 00:42 ♦ (Vindobona)

Tomorrow, the Austrian real estate group Immofinanz will publish its results for the first six months.

Immofinanz: Increasing Rental Income Ahead / Picture: ©

Despite the growing rental income, EBIT and the net income are expected to decrease. However, the results of last year were influenced by foreign currency effects and revaluation results. On average, analysts estimate that rental income will grow by 15% to € 325m.

The operating result is expected to come at € 250m. Immofinanz´ EBIT is anticipated to decrease by 47% to €…

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