S IMMO

Last updated
S IMMO AG
Company type Public ( Aktiengesellschaft )
WBAG:  SPI
ISIN AT0000652250
Industry Real estate
Founded1987
Headquarters,
Austria
Key people
RevenueEUR 260.5m (2022-12-31)
Number of employees
585
Website www.simmoag.at

S IMMO AG is a real estate investment company that invests in properties in Austria, Germany and Central and Eastern Europe. As of the end of 2022, its property assets totalled just under EUR 3.3 billion. [1]

Contents

The real estate company has been listed on the Vienna Stock Exchange since 1987.

History

The first real estate security to be listed on the Vienna Stock Exchange – s Immobilien-Fonds Nr. 1, the precursor to today's s-Immo-Invest participating certificate – was launched on 19 October 1987. Sparkassen Immobilien Anlagen AG merged with Die Erste Immobilien AG in 2002. [2] Following a capital split (1:20), Die Erste Immobilien Aktie became the S Immo share, which made its debut on the Vienna Stock Exchange with a new identification number on 28 June 2002. [3]

S IMMO was listed on the ATX, the benchmark index of the Vienna Stock Exchange, from September 2017 to November 2022. [4] [5]

CPI Property Group S.A. published on 21 November 2022 that it holds a total of 88.37% of the share capital of S IMMO directly as well as indirectly through Immofinanz AG. [6]

Property portfolio

S IMMO AG's portfolio comprises residential, office and commercial space as well as hotels in Austria, Germany, Slovakia, Czechia, Hungary, Romania and Croatia. As of the end of 2022, the property portfolio consisted of 364 properties with 1.4 million m2 of gross lettable area and represented EUR 3,273,8 million in property assets. In terms of book value, properties in Germany accounted for 38.3% of the portfolio, real estate in Austria 14.5% and assets in Central and Eastern Europe 47.2%. As of 31 December 2022, commercial properties made up 74.8% of the portfolio and residential properties 25.2%. The occupancy rate for the overall portfolio was 92.6%. The total rental yield amounted to 5.8%. [1]

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References

  1. 1 2 Annual report 2022 (PDF). Vienna. 2023-03-30. pp. 90 f.{{cite book}}: CS1 maint: location missing publisher (link)
  2. "s Immobilien AG Renamed Erste Immobilien AG" (in German). Wiener Zeitung. 2002-04-22. Retrieved 2022-01-01.
  3. "Erste Immobilien Approves Stock Split and New Name" (in German). derstandard.at. 2002-06-18. Retrieved 2022-01-01.
  4. "Vienna Stock Exchange: S Immo and Agrana to Be Added to ATX Benchmark Index on 18 September" (in German). wienerborse.at. 2017-09-05. Retrieved 2022-01-01.
  5. "ATX-Änderung: STRABAG statt S Immo". Wiener Börse AG (in German). Retrieved 2022-11-28.
  6. "Final Results of the mandatory takeover offer for S IMMO" (PDF). CPI Property Group. 2022-11-21. Retrieved 2022-11-28.