According to its annual report for 2011, CA Immobilien’s rent revenues in 2011 increased by 61.5 percent to €265.6m compared to the year before. The acquisition of Europolis played an important role in the improvement, while the sale of properties produced a profit of €52.8m. Sale of 51 percent stake in Olympia shopping centers in the Czech Republic was the company’s largest transaction. “2011 was a good year for CA Immo,“ says the group’s CEO Bruno Ettenauer. “We have met our main goals and we are able to pay dividends for the first time to our shareholders.“
