Mixed Results at CA Immo

Businessn.a. ♦ Published: May 22, 2012; 11:19 ♦ (Vindobona)

The Austrian real estate company records a rental income of € 72.4 m (+13%). EBIT fell by 17%, net income rose by 70%.

Mixed Results at CA Immo / Picture: © Vindobona.org

Measured against the previous year, recurring income rose appreciably in the first quarter of 2012 - in particular as a consequence of additional rental income from own development projects that have been completed in recent months.

Rental income of the CA Immo Group increased year on year by 12.8% to € 72.4m. Net operating income climbed by…