Associated equity: S Immo
S Immo has a track record of cleverly anticipating regional/sectoral real estate cycles in Europe. This includes the expansion into CEE in the early 2000s, later investments in the German residential and office markets and subsequent diversification outside of Berlin. Its active approach has allowed the company to post five- and 10-year EPRA NAV total returns (TR) of c 23% and 14% pa, respectively. It recently received and accepted a bid from CPI for €23.50/share.
S Immo — 2 videos in collection
In this interview, Dr Bruno Ettenauer, S Immo’s CEO, discusses the new management’s strategic priorities following the failed takeover bid from IMMOFINANZ. He comments on the company’s recent sale of its minority stake in CA Immobilien Anlagen and its intention to sell its minority stake in IMMOFINANZ. Moreover, he elaborates on the measures aimed at enhancing S Immo’s FFO1 generation, as well as its regional focus in terms of prospective investments. The CEO also presents S Immo’s approach to ESG.