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Significant Rise in Earnings for CA Immo
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…
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