CA Immo Well Prepared for Merger with Immofinanz
Listed property group CA Immo sees itself well prepared for the planned merger with bigger real estate firm Immofinanz and will sit down to outline the detail of the process in early September, CA Immo CEO Frank Nickel said.
CA Immo sees no overheating, nor a bubble in the office real estate segment.
The good operational development enjoyed in H1 is a basis for a sustainable dividend.
The company sees itself well-positioned in terms of the development pipeline in the next 8-10 years with land plots in Germany worth EUR 300 million.
The related development potential is estimated at…