Immofinanz traded at 15.78 this Monday February 2nd, increasing 0.23 or 1.48 percent since the previous trading session. Looking back, over the last four weeks, Immofinanz gained 0.32 percent. Over the last 12 months, its price fell by 5.17 percent. Looking ahead, we forecast Immofinanz to be priced at 15.07 by the end of this quarter and at 13.73 in one year, according to Trading Economics global macro models projections and analysts expectations.
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. The Company focuses its operations on such markets as Austria, Germany, the Czech Republic, Slovakia, Hungary, Slovenia, Romania and Poland. The Company manages a portfolio of approximately 240 properties, covering rentable space of approximately 1.8 million square meters. In the office sector, the Company concentrates on the capital cities of the core countries and the major 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.