Detail akcie CPI Europe AG online

Business Summary: CPI Europe AG, formerly Immofinanz AG, is an Austria-based real estate company that invests in commercial properties. The Company’s core activities are the management and development of retail and office properties in selected Central and Eastern European countries. It manages a portfolio of approximately 518 properties, covering rentable space of approximately 3.6 million square meters. In the office sector, the Company concentrates on the capital cities of the core countries and the office locations in Germany with its international myhive brand. The Company's activities in the retail sector are based on the brands STOP SHOP for retail parks and VIVO! for shopping centers which are designed for secondary and tertiary cities of Central and Eastern Europe. The Company focuses its operations on such markets as Austria, Germany, the Czech Republic, Slovakia, Hungary, Slovenia, Romania and Poland.
Financial Summary: BRIEF: For the nine months ended 30 September 2024, IMMOFINANZ AG revenues increased 8% to EUR638.5M. Net income totaled EUR52.7M vs. loss of EUR77.1M. Revenues reflect Retail segment increase of 23% to EUR230M, Other and Group Eliminations segment increase from EUR2.9M to EUR127.8M. Net Income reflects Revaluation result from standing investm decrease of 63% to EUR77.6M (expense).