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CA Immobilien Anlagen AG: Net property revaluation loss for financial year 2023 of around EUR 530 million
Vienna, 30.01.2024. Based on independent external appraisals, CA Immobilien Anlagen AG ("CA Immo") expects a net property revaluation loss of around EUR 375 million for the fourth quarter of 2023 due to a continued weak market environment. For the 2023 financial year, the net property revaluation loss amounts to around EUR 530 million (around EUR -5.4 per share). Despite a very successful operating year with an expected EBITDA of more than EUR 300 million, due to the net property revaluation loss, a consolidated net result of around EUR -230 million is expected for the 2023 financial year.
The full-year results will be published on 20 March 2024.