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Immofinanz AG (FRA:IMO1) Interest Expense (Positive)


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Immofinanz AG (FRA:IMO1) Business Description

Industry
Traded in Other Exchanges
Address
Wienerbergstrasse 11, Vienna, AUT, 1100
Immofinanz AG is a real estate investment and development company in Europe. The company invests in commercial real estate in Western and Eastern Europe. Approximately one-third of the company's investment portfolio is in Austria with Poland closely behind. In addition to professional property management, the company develops shopping centers under the brands 'VIVO!' and 'STOP SHOP.' The company's shopping center brand, 'VIVO!' focuses on single-story mall complexes that offer parking and recreational activities. Nearly half of the company's investment portfolio consists of VIVO locations. STOP SHOP is the company's retail parks brand. The parks are set up like outlet malls and focus on providing discount retail options for consumers.