S IMMO

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S IMMO AG
ISINAT0000652250
IndustryReal estate
Founded1987
Headquarters,
Austria
Key people
RevenueEUR 196.9m (2021-12-31)
Number of employees
543
Websitewww.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 2021, its property assets totalled just under EUR 2.8 billion.[1]

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]

In September 2017, the S IMMO share was included in the ATX, the benchmark index of the Vienna Stock Exchange, for the first time.[4]

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 2021, the property portfolio consisted of 375 properties with 1.4 million m2 of total floor space and represented EUR 2,830.8 million in property assets. In terms of book value, properties in Germany accounted for 48.2% of the portfolio, real estate in Austria 17.3% and assets in Central and Eastern Europe 34.5%. As of 31 December 2021, commercial properties made up 67% of the portfolio and residential properties 36%. The occupancy rate for the overall portfolio was 93.6%. The total rental yield amounted to 5.3%.[1]

References

  1. ^ a b "Financial year 2021". S IMMO AG. 2022-04-28. Retrieved 2022-05-02.
  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.

External links