Michael Knap resigns prematurely as Chairman of the Supervisory Board of IMMOFINANZ - Bettina Breiteneder new Chairwoman Michael Knap, Chairman of the Supervisory Board of IMMOFINANZ AG, resigned prematurely from this corporate body effective with the end of today's 27th Annual General Meeting. This step was taken for personal reasons and in agre [ … ]

IMMOFINANZ: 10.4% increase in rental income during first half-year, net profit negatively affected by crisis-related write-downs FFO 1 (before tax) at EUR 53.3 million, or EUR 0.53 per share Covid-19 leads to increase in the write-off of tenant receivables and property write-downs totalling 3.1% of the portfolio Net profit equals EUR -120.4 mil [ … ]

IMMOFINANZ: Recommendation by the Executive and Supervisory Boards to the AGM to waive the dividend for 2019 After careful consideration of all circumstances known at the present time and the possible consequences of the Covid-19 pandemic, the Executive Board and Supervisory Board of IMMOFINANZ AG today approved a recommendation to the annual gener [ … ]

IMMOFINANZ successfully sells office building in the Düsseldorf Airport City   IMMOFINANZ is selling the Panta Rhei office building in Düsseldorf to Deka Immobilien, one of the largest real estate asset managers in Germany. This building, which is located in the Airport City, has roughly 9,600 sqm and is fully rented. The purchase contracts have a [ … ]