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2021/06/23 / Erste Group Research

LIB - Landesimmobilien Burgenland

Die LIB - Landesimmobilien Burgenland GmbH (LIB) wurde 1995 gegründet und ist die zentrale Immobiliengesellschaft des Landes Burgenland (AA, stabil).

Das Immobilienportfolio umfasst rund 80 Objekte im Burgenland wie Verwaltungsgebäude, Schulen, Kulturzentren und Krankenhäuser mit einer Gesamtnutzfläche von rund 215.000m2.

Im Geschäftsjahr 2020 erzielte die LIB mit einem Immobilienvermögen von etwa EUR 208 Mio. einen Umsatz von EUR 26,7 Mio. und ein Nettoergebnis von EUR 1,3 Mio. Das Immobilienportfolio wird weitgehend durch Fremdkapital finanziert.

Die Finanzierung der Finanzverbindlichkeiten von rund EUR 193 Mio. erfolgt durch die Muttergesellschaft Landesholding Burgenland GmbH sowie durch vom Land Burgenland besicherte Anleihen sowie Bankenfinanzierungen.
Die LIB verfügt wie auch ihre Muttergesellschaft, die Landesholding Burgenland, über keine Krediteinschätzung. Die Besicherung von Fremdfinanzierungen durch das Land im Rahmen einer Garantiezusage legt allerdings die Gleichsetzung des Risikos der LIB mit derjenigen des Landes nahe. Das Land Burgenland wird von S&P mit AA und stabilem Ausblick beurteilt, zuletzt bestätigt im April 2021.

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General information

AuthorErste Group Research
Product nameCredit News DE
Topic in focusCredits/ Corporate bonds
Economy in focusAustria
Currency in focusEuro
Sector in focus-


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