FAQs

 

Managing a piece of real estate (rental, leasing) means a high administration cost for the owner. Just finding suitable tenants, the ongoing management and repairs require a lot of time and energy. Tenants in Austria enjoy very extensive rights, which can have very unpleasant consequences for the landlord in the case of conflict.
With a real estate share, the investor is involved in a wide portfolio of real estate and does not have to take care of administration, tenant profits and repairs. Nevertheless, he enjoys extensive collaboration and joint decision-making rights in the company.

Since its foundation in 1987, CA Immo has followed clear strategic guidelines. In its portfolio policy, this means the balance between dynamic and more stable markets, in terms of management, this means the competence and experience of proven professionals from the domestic real estate industry. In daily business and decisions, this means absolute focus on the benefits for the investor while taking into account strict corporate governance guidelines.

The CA Immo shares have been listed on the Vienna Stock Exchange since 1988, in the market segment of “Standard Market Auction”. Since 24.04.2007 the shares are listed in the "Prime Segment".

CA Immo retains its profits: this means that dividends are not distributed but rather the funds are invested in the further development of the company and its portfolio. The investor siphons off the appreciation of his shares during sales. The particular advantage: after retaining for a year, the capital gains are tax-free.

With a company share, the investor is immediately involved in the upwards or downwards trend of a company. With real estate shares, the risk (which is clearly reduced anyway through investment in bricks and mortar) is spread across a whole portfolio of real estate. Any sinking incomes in a property are offset through the increasing rental revenue of other properties. Another significant advantage is the tax-free appreciation in re-selling the shares (after retaining them for a period of one year). Dividends from conventional shares, on the other hand, are subject to tax.

CA Immo shows an unusually high value for the industry, with approximately 60% own funds outlay. To use the leverage effects even more advantageously for its shareholders in the future, this value will be somewhat decreased. But will always be above 50%.

Please, contact your bank.

Flotation of the subsidiary on the stock market didn't cause any changes. Moving CA Immo shares into the prime segment of the Vienna Stock Exchange has meant that the price of CA Immo shares has become more volatile. This improves long-term prospects but, as with any shares, it also involves fairly high levels of short-term price fluctuations both upwards and downwards.

On one hand, CA Immo is mainly involved in the success of the subsidiary CA Immo International so that the revenues of the portfolio in Eastern Europe continue to contribute to the incomings of CA Immo. For its part, CA Immo is massively increasing its portfolio in Austria and Germany and will increased its sales as a result.