Added to YB: 2025-12-01
Pitch date: 2025-11-27
CAIAF [neutral]
CA Immobilien Anlagen AG
-6.81%
current return
Author Info
Lux Opes Research covers European companies. Lots of them. Sign up for the newsletter.
Company Info
CA Immo is a real estate Group with its headquarters in Vienna and branch offices in six countries of Central Europe.
Market Cap
EUR 2.3B
Pitch Price
EUR 24.38
Price Target
N/A
Dividend
4.19%
EV/EBITDA
22.12
P/E
19.57
EV/Sales
11.82
Sector
Real Estate Management and Development
Category
turnaround
CA Immo (CAI Austria): solid rental core masked by disposals and shrinking footprint
CAIAF (update): Rental income -3.6% YOY to €49M from 28% smaller portfolio post-disposals, but like-for-like rents +3.7%, occupancy up to 94%. Disposed €700M assets at 5% premium to book, boosting cash to €887M, LTV <35%. Returned €130M to shareholders via dividends/buybacks. Repositioning to focus on prime German/CEE offices.
Read full article (2 min)