Adriatic Sea

EQS-News: IMMOFINANZ and S IMMO to review strategic synergies

Retrieved on: 
Thursday, February 2, 2023
ATX, CPI Property Group, VIVO, Risk management, Adriatic Sea

IMMOFINANZ AG (“IMMOFINANZ”) and S IMMO AG (“S IMMO”) have signed a framework agreement which establishes a joint process to review further alignment, coordination, merger or other forms of integration across the two groups.

Key Points: 
  • IMMOFINANZ AG (“IMMOFINANZ”) and S IMMO AG (“S IMMO”) have signed a framework agreement which establishes a joint process to review further alignment, coordination, merger or other forms of integration across the two groups.
  • The ultimate objective is to identify synergies and efficiencies that will improve transparency and profitability for all stakeholders.
  • "Both IMMOFINANZ and S IMMO have superb real estate portfolios managed by local teams of experienced professionals,” said Radka Doehring, Executive Chairwoman of IMMOFINANZ.
  • “This framework agreement allows both companies to share best practices and chart a path to greater synergies.

EQS-News: IMMOFINANZ increases shareholding in S IMMO to more than 50%

Retrieved on: 
Sunday, January 22, 2023
ATX, Acquisition, EUR, CPI Property Group, VIVO, Adriatic Sea

IMMOFINANZ AG (“IMMOFINANZ”) is acquiring 17,305,012 shares in S IMMO AG (“S IMMO”) from its core shareholder, CPI Property Group (“CPIPG”), thus obtaining a controlling stake in S IMMO of 50% plus one share.

Key Points: 
  • IMMOFINANZ AG (“IMMOFINANZ”) is acquiring 17,305,012 shares in S IMMO AG (“S IMMO”) from its core shareholder, CPI Property Group (“CPIPG”), thus obtaining a controlling stake in S IMMO of 50% plus one share.
  • The purchase price amounts to EUR 337.5 million or EUR 19.5 per S IMMO share.
  • The transaction will be financed through a long-term credit facility provided to IMMOFINANZ by CPIPG.
  • The closing of the transaction will take place before the end of 2022; consequently, IMMOFINANZ will fully consolidate S IMMO in the 2022 annual financial statements.

EQS-News: IMMOFINANZ: Strong growth to approximately 170 locations with high-yield retail portfolio

Retrieved on: 
Sunday, January 22, 2023
ATX, Sale, Acquisition, City, Growth, CPI Property Group, VIVO, Adriatic Sea

IMMOFINANZ has significantly expanded its high-yield and fully rented retail portfolio in the 2022 financial year.

Key Points: 
  • IMMOFINANZ has significantly expanded its high-yield and fully rented retail portfolio in the 2022 financial year.
  • As a result of acquisitions and completions, the portfolio has grown from 111 to 169 locations in ten European countries over the course of the year, with a carrying amount of approximately EUR 2.3 billion (excluding S IMMO).
  • (retail) and myhive (office) brands represent strong focal points that stand for quality and service.
  • The real estate portfolio has a value of approximately EUR 5.5 billion and covers more than 260 properties.

Europe Utilities Asset Management Market Report 2022: Industry to Grow by 10.4% Annually Through 2028 - ResearchAndMarkets.com

Retrieved on: 
Wednesday, December 28, 2022
Professional Services, Asset Management, Government, Fujitsu, Eaton Corporation, Sensor, Public, Climate change mitigation, General Electric, Transmission, Siemens, Research, Component, Public utility, Adriatic Sea, IBM, Schneider Electric, EVS, Country, Maintenance, ABB, Life, Diagnosis, Renewable energy, Application, Software, Others

The "Europe Utilities Asset Management Market Size, Share & Industry Trends Analysis Report by Component, Utility Type, Application (Transmission & Distribution Lines, Sub-station, and Others), Country and Growth Forecast, 2022-2028" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Europe Utilities Asset Management Market Size, Share & Industry Trends Analysis Report by Component, Utility Type, Application (Transmission & Distribution Lines, Sub-station, and Others), Country and Growth Forecast, 2022-2028" report has been added to ResearchAndMarkets.com's offering.
  • When the majority of utilities attempt to implement condition-based preventive maintenance, it is evident that they are transitioning towards data-centric asset management.
  • The Germany market dominated the Europe Utilities Asset Management Market by Country in 2021; thereby, achieving a market value of $545.5 million by 2028.
  • The market research report covers the analysis of key stake holders of the market.

Sail Croatia Offers A Hassle-Free Way To Explore On Their Elegance Croatia Cruises, With Accommodation, Transport, Daily Buffet Breakfast, And 3-Course Lunch Included

Retrieved on: 
Wednesday, December 7, 2022
Adriatic Sea, Transport, Split Airport, Tourism, Restaurant, Spice, Egham

Egham, UK, Dec. 07, 2022 (GLOBE NEWSWIRE) -- Sail Croatia is a British-based cruise line operating in the Adriatic Sea along the Dalmatian coast of Croatia.

Key Points: 
  • Egham, UK, Dec. 07, 2022 (GLOBE NEWSWIRE) -- Sail Croatia is a British-based cruise line operating in the Adriatic Sea along the Dalmatian coast of Croatia.
  • An example of some of their Elegance Croatia Cruises include:
    This route is perfect for guests looking to fly both in and out of Dubrovnik International Airport.
  • The cruise will then continue to the green island of Mljet for day 3 before heading to the magical mainland city of Dubrovnik.
  • To find out more about Sail Croatia and to read further information on their Elegance Croatia Cruises, please visit their website at https://www.sail-croatia.com/ .

EQS-News: IMMOFINANZ and Dietmar Reindl reach an agreement on the use of its sustainable and affordable housing concept

Retrieved on: 
Sunday, November 27, 2022
Housing, Environment, ESG, Climate change, Federal Executive Boards, ATX, VIVO, Supervisory board, Investment, Management, Adriatic Sea

This innovative residential concept will now be expanded to include implementation by this former IMMOFINANZ Executive Board member under his own flag outside the IMMOFINANZ Group.

Key Points: 
  • This innovative residential concept will now be expanded to include implementation by this former IMMOFINANZ Executive Board member under his own flag outside the IMMOFINANZ Group.
  • Dietmar Reindl will take over responsibility for the technical and operational development of the concept to market maturity and realise various projects to rapidly create affordable and sustainable housing.
  • IMMOFINANZ retains the right to implement the concept on its own properties at any time and remains the owner of the OnTopLiving brand.
  • Dietmar Reindl: In recent weeks and months, I have seen great interest and strong demand for this innovative housing concept.

EQS-News: Hamburger Hafen und Logistik AG: HHLA achieves good result in a challenging environment

Retrieved on: 
Sunday, November 27, 2022
Growth, Hafen, Real estate, Environment, Italy, Port of Hamburg, Speicherstadt, Acquisition, Intermodal transport, Federal Executive Boards, TEU, EBIT, Maintenance, Container, HHLA, Port, Investment, Roll-on/roll-off, TK, Renewable energy, Intermodal freight transport, Beauty salon, Fine chemical, Adriatic Sea

Hamburger Hafen und Logistik AG: HHLA achieves good result in a challenging environment

Key Points: 
  • Hamburger Hafen und Logistik AG: HHLA achieves good result in a challenging environment
    The issuer is solely responsible for the content of this announcement.
  • Despite ongoing disruptions to global supply chains, Hamburger Hafen und Logistik AG (HHLA) recorded a positive trend in revenue and earnings in the first nine months of the year.
  • The Group operating result (EBIT) decreased slightly, however, by 1.2 percent to 160.1million (previous year: 162.1 million).
  • Despite all this, HHLA achieved a positive result in the first nine months of 2022.

EQS-News: IMMOFINANZ with strong performance in a challenging environment: FFO 1 improves by 15%, net profit reaches EUR 249 million

Retrieved on: 
Sunday, November 27, 2022
CPI Property Group, Environment, FFO, Federal Executive Boards, Policy, EBIT, Investment, EPRA, ATX, Sale, LTV, VIVO, Financial result, EUR, Acquisition, Bank, Lithium, Renting, Renewable energy, Pharmaceutical industry, Medical device, Adriatic Sea

With an equity ratio of 58.0% and conservative leverage with a net LTV of 33.7%, IMMOFINANZ has a strong capital base.

Key Points: 
  • With an equity ratio of 58.0% and conservative leverage with a net LTV of 33.7%, IMMOFINANZ has a strong capital base.
  • We believe IMMOFINANZ is well positioned to successfully continue this value-creating course, also in difficult times, explained Radka Doehring, Executive Chairwoman of IMMOFINANZ.
  • The results of operations totalled EUR117.8million and operating profit, which was supported by positive property revaluations, amounted to EUR186.6million.
  • In total, IMMOFINANZ generated net profit of EUR248.6million, or earnings per shareof EUR1.822, in the first three quarters of 2022.

EQS-News: IMMOFINANZ AG: IMMOFINANZ successfully completes further property sales

Retrieved on: 
Monday, November 7, 2022
ATX, Sale, VIVO, Commercial property, Adriatic Sea

IMMOFINANZ has successfully completed the sale of additional office properties.

Key Points: 
  • IMMOFINANZ has successfully completed the sale of additional office properties.
  • Two office buildings in Vienna were sold to the Austrian Winegg Group for an attractive market price of approximately EUR 60 million.
  • Investors interest in high-quality office properties in central locations is still very high, explained Radka Doehring, member of the IMMOFINANZ Executive Board.
  • These property sales involve the offices at Franz Josefs Kai 27 and Schreyvogelgasse 2, top locations in Viennas inner city with perfect infrastructure.

Overseas Adventure Travel Adds Single Cabins with No Single Supplement on 2023 Small Ships

Retrieved on: 
Thursday, October 27, 2022
Allure, Overseas Adventure Travel, Foundation, Collection, Travel, School, Red Sea, Adventure, Single supplement, CEO, Multimedia, Adriatic Sea, View, Airline, Tourism

BOSTON, Oct. 27, 2022 /PRNewswire/ -- Overseas Adventure Travel (O.A.T.), the leader in personalized small group and solo travel, announced that it has added more single cabins with free single supplements for January to December 2023 departures of select Small Ship Adventures.

Key Points: 
  • , theleaderin personalized small group and solo travel, announced that it has added more single cabins with free single supplements for January to December 2023 departures of select Small Ship Adventures.
  • "More single cabins and free single supplements mean more solo travelers can travel," said Brian FitzGerald, O.A.T.
  • "By adding more single cabins with free single supplements, we hope more solo travelers will be able to afford travel to faraway places,"said Brian FitzGerald, CEO of O.A.T.
  • "We invite travelers to travel solobut never alonethen after a day of adventure, relax and recharge in their own cabin."