S Immo is a real estate investment company headquartered in Vienna investing in Austria, Germany and selected CEE/SEE markets. At end-June 2020, it held properties with a book value of around €2.4bn, including office (42%), residential (30%), retail (19%) and hotel properties (9%). In the interview, Friedrich Wachernig (member of the management board) discusses S Immo’s portfolio composition and the extent of its resilience to the pandemic. He also comments on the company’s regional positioning and current balance sheet strength. Finally, he shares his views on the mid- to long-term implications of COVID-19 and digitalisation for the real estate markets.