Die CA Immo erwirtschaftet einen Konzerngewinn Gewinn von 184,4 Mio. Euro nach 66,3 Mio. Euro Verlust im Jahr davor.
CA Immo, an Austrian real estate group listed on the Vienna Stock Exchange, has returned to profitability in fiscal year 2025, posting a consolidated net income of €184.4 million. This marks a significant turnaround from the €66.3 million loss reported in the previous year. The company’s financial performance underscores the ongoing recovery in the European commercial real estate sector.
Despite the positive net income, the company reported a 3 percent decrease in rental income to €230.9 million, and a 1 percent decline in sustainable earnings (FFO I) to €118.5 million, according to a company statement released Thursday.
“We further increased the quality of our portfolio in 2025 and simultaneously reduced costs in all areas of the company,” said CEO Keegan Viscius in the release. “The rental business is running extremely satisfactorily, and the sales program also generated additional revenue.” CA Immo has been strategically divesting non-core properties, resulting in a 24 percent year-over-year reduction in rental space.
The company currently has three fully pre-let development projects underway in Berlin. Upon completion, these projects are expected to generate annual gross rental income of €28 million and contribute approximately €650 million in property value to the existing portfolio. The occupancy rate of the existing portfolio increased from 93.1 percent to 94.9 percent based on area.
Looking ahead, the company cited high uncertainty due to the ongoing conflict in Iran and its potential repercussions. While the direct impact of the war on CA Immo is currently limited, potential indirect effects remain difficult to assess.
(APA)
