Significant Rise in Earnings for CA Immo

Published: March 10, 2011; 00:00 · (Vindobona)

The Austrian real estate group benefits from the clearly improving business climate, especially regarding the investment market for real estate.

Significant Rise in Earnings for CA Immo / Picture: © Vindobona.org

As a result of sales transacted in the previous year, rental income decreased as expected by around – 7.1 % to € 164.3 m in comparison with 2009. The sale of properties held in fixed and current assets generated income of € 322.4 m, clearly exceeding the 2010 sales target. With development projects and undeveloped sites scheduled for development accounting for…

This article includes a total of 355 words.

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