SERVICE
|
Investors Toolbox |
Portfolio Strategy
Portfolio Strategy Portfolio Strategy The CA Immo Group divides its core activity into two business areas: letting investment properties and developing real estate. In both of these business areas, CA Immo specializes in commercial real estate with a clear focus on office properties in the center of Europe. The objective ist o build up a focused portfolio of high quality and sustainable investment properties within the core markets of Germany, Austria, the Czech Republic, Poland, Hungary, Romania and Slovakia. The company generates additional revenue through the utilization of developed real estate reserves. In doing so, the company can draw on over 25 years’ experience, the local presence of qualified employees and a wealth of project development expertise generated through the subsidiary CA Immo Deutschland GmbH. Main source of income: investment properties Contributing more than 70 % of EBIT and over 80 % of the company’s total property assets, the investment property area is CA Immo’s core business and main source of income. The principle objective of the company is thus the continual quality optimisation of its portfolio and the retention and acquisition of tenants with a view to securing stable and regular rental revenue. Project development sustains portfolio quality over the long termn Alongside its core business of portfolio management, CA Immo acts as a project developer on its markets. One objective of development activity is to raise the quality of the company’s portfolio by absorbing projects as they are completed; another is to generate profit by selling zoned land reserves. Currently the development division represents short below 20 % of CA Immo’s total property assets. Germany is clearly the focus of project development activity. Over the years ahead, development will remain a key part of the CA Immo Group’s business mix, although the company will need to keep a close watch on the capital tied up in this field. Approximately 20 % of equity should be committed for development activities in the medium term. The development division will concentrate on projects with implementation plans that are clearly defined and achievable in the short term. Long-term land reserves will not make up more than 5 % of the total portfol Optimising the quality of the focused portfolio Especially now that Europolis has been acquired, the CA Immo Group’s portfolio is in need of careful adjustment to facilitate the renewed focus on regions and usage types. As regards the regions, this will mean withdrawing in stages from markets that are not part of the CA Immo Group’s long-term core region. The Group will seek to bring about a sustained regional portfolio mix in which Germany makes up around 45 %, Eastern and South Eastern Europe account for some 40 % and Austria comprises roughly 15 %. At the same time, we must consolidate the CA Immo Group’s position as a specialist in office properties; in the medium term, the aim is to restrict the proportion of other usage types below 30 %. In particular, given the high priority accorded to sustainability by the CA Immo Group, the company will seek to enhance the quality of its portfolio. To this end, CA Immo will transfer to the portfolio selected modern properties developed by the company whilst rejecting older buildings. Markets of the CA Immo Group |
|||
|
||||
Free Info-Hotline
Print page