Deutsch
   Glossary   Contact   Sitemap
CA IMMO
SERVICE
Investor Relations > Ad hoc reports > 

 Free Info-Hotline
     0800 01 01 50

Newsletter Newsletter

Bestellen Order service
Mobile Services
RSS-Feed

 

Ad hoc report 11/19/2007
 


CA Immo International announces preliminary results for for first three quarters 2007

• Consolidated net income increased by 54% compared to the last year

• CA Immo intends to increase its participation

Vienna, 19/11/2007. The Management Board of CA Immo International AG announces today the preliminary results as of September 30, 2007. Based on the currently available preliminary data the company generated a rental income of EUR 28.3 million. EBIT expanded by 53% from EUR 44.3 to EUR 67.7 million. The consolidated net income increased by 54% from EUR 35.5 million to EUR 54.6 million.
The market value as of 30/09/2007 is EUR 653.4 million; compared with the corresponding value at 31/12/2006 (EUR 530.0 million) an increase of 23%. NAV (Net Asset Value) per share is about EUR 14.64 and increased by 9% since 31/12/2006. The final figures and the detailed financial report for the third quarter 2007 will be published on 30/11/2007.

CA Immobilien Anlagen AG increases its shares in CA Immo International AG by up to 5%

CA Immobilien Anlagen AG intends to increases its shares in CA Immo International AG from currently 51% of up to 5%. CA Immobilien Anlagen AG justified this with the currently extremely low price of CA Immo International share, which is around 20% below the current net asset value (NAV). The increase in the proportion of CA Immo International AG has thus increasing value to the net asset value of CA Immobilien Anlagen AG.

CA Immobilien Anlagen AG currently has about EUR 700 million in cash, plus debt financing there is a potential of about EUR 2 billion. Thereof only about EUR 25 million will be needed for the proposed increase so that the planned investment objectives can be swiftly implemented.

CA Immo International
CA Immo International is part of the CA Immo Group and a subsidiary of CA Immobilien Anlagen AG, with a focus on investment activity in east and south-east Europe and the CIS states. CA Immo International shares are traded in the Prime Segment of the Vienna Stock Exchange. The company invests primarily in commercial properties in the office, retail and logistics sectors and aims for a high degree of balance between these segments in its portfolio. In the course of the restructuring of the CA Immo Group in summer 2006, the properties in this region were transferred to the portfolio of CA Immo International. The dynamic expansion strategy plans for decisive portfolio expansion over the next few years:

Please address any further inquiries to:
CA Immo International AG
Mag. Wolfhard Fromwald
Mag. Claudia Hainz
Tel.: +43/1/532 59 07
Fax: +43/1/532 59 07-510
E-Mail: office@caimmointernational.com 
www.caimmointernational.com


Monday, 19. November 2007 08:30