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IMMOFINANZ Immobilien Anlagen AG buys, sells, lets and develops real estate. IMMOFINANZ is Europe's property company with the broadest diversification. It is traded in the Prime Market segment on the Vienna Stock Exchange.
The property holdings of the IMMOFINANZ Group currently comprise more tham 1.000 objects with total letable space of more than 4 million sqm and a fair value of approx. € 4 billion. The broadly diversified portfolio includes properties not only in Austria, but also in Western and Eastern Europe and the USA. At present 29 % of letable space in the IMMOFINANZ portfolio is located outside Austria, with this total divided between the Group's IMMOWEST (12 %) and IMMOEAST (17 %) regional holding companies.
Risk minimisation is the keyword underlying the Group's expansion, and is demonstrated by diversification across a range of countries and sectors. The portfolio comprises the following sectors: residential, office space, parking facilities, retail space, hotels and industrial. Proactive portfolio management insures stability and very high occupancy levels, which generate excellent returns for shareholders (9,26% after tax per annum over the 5 years ended 31 March 2005).
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