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Related news

IMMOFINANZ Hungary won Office Branding of the Year Award with its myhive prime offices concept

6/9/21

IMMOFINANZ was awarded as “Office Branding of the Year Award" in 2020 at Office of the Year Competition. With this award the jury acknowledged the new, flexible office products which is still exceptional on the market. The myhive office brand was launched 4 years ago and has continued to grow and adapt to market needs.

IMMOFINANZ Hungary signed lease contracts for roughly 2,800 sqm with their STOP SHOP portfolio

5/28/21

The entire portfolio of the STOP SHOP retail network in Hungary, operating on 136,000 square metres in 14 locations and is almost fully leased. In the first quarter of 2021, IMMOFINANZ signed new and extended existing leases for roughly 2,800 sqm.

IMMOFINANZ leases 21,000 sqm of office space in Budapest

4/6/21

In IMMOFINANZ's Hungarian portfolio, several lease agreements and extensions of almost 21,000 m2 have recently been successfully completed. Thus, most of the company's local office buildings are currently fully leased

A showroom has opened in myhive Haller Gardens – The new premium myhive office services offering full flexibility are now available

3/12/21

Major upgrades have launched recently in myhive Haller Gardens office building and a showroom has been completed in the first phase as planned.

IMMOFINANZ financial statements

11/27/20

Q1-3 2020 in HUNGARY as of 30 September 2020

IMMOFINANZ: 10.4% increase in rental income during first half-year, net profit negatively affected by crisis-related write-downs

8/27/20

IMMOFINANZ started the 2020 financial year with strong operational performance, but the development of business in the second quarter was negatively influenced by the Covid-19 pandemic.

IMMOFINANZ with strong 18% increase in results of operations in Q1 2020, negative valuation results due to Covid-19

5/28/20

IMMOFINANZ started the first quarter of the 2020 financial year with strong operational performance: Rental income rose by 13.4% to EUR 74.0 million, above all due to the expansion of the portfolio through acquisitions and completions as well as growth of 1.9% in like-for-like rental income.

myhive Haller Gardens renewed – new myhive services will be launched

5/20/20

Major upgrades are coming soon to the myhive Haller Gardens office building including new services for the tenants. The goal of IMMOFINANZ’s developments planned for 2020 is to raise the standards of modern work to a higher level.

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