Look for:

Our offer for

Research Detail

2022/09/05 / Erste Group Research

Bau- und Immowerte: Weiter attraktiv?


Die an der Wiener Börse gelisteten Bau- und Immobilienwerte präsentierten durchwegs solide Halbjahreszahlen. Bestandshalter steigerten Miet- und Hotelerlöse, Baufirmen erzielten robuste Margen trotz Kosteninflation und auch die Entwickler trotzten dem stärkeren Gegenwind an den Aktienmärkten. Dennoch divergiert die Kursperformance seit Jahresbeginn erheblich: Stark korrigiert haben Immofinanz und die Entwickler UBM und Warimpex – stabil hingegen STRABAG, CA Immo und S Immo, letztere vor allem aufgrund des noch laufenden Übernahmeangebots der CPI. Die steigenden Renditen wirkten sich (noch) nicht negativ auf die Buchwerte aus, positiv für die FFOs hingegen die Zuwächse aus der Mietindexierung.

PDF Download Download PDF (1.8MB)

General information

AuthorErste Group Research
Date2022/09/05
Languagede
Product nameEmpfehlungsliste
Topic in focusEquities
Economy in focusAustria
Currency in focusEuro
Sector in focusAutomobiles & Parts, Banks, Basic Resources, Chemicals, Construction & Material, Food & Beverage, Health Care, Industrial Goods & Services, Insurance, Oil & Gas, Real Estate, Technology, Telecommunications, Travel & Leisure, Utilities
Download

Erste Group related products

Page 1 of 2
Name  ISIN# Erste Group products
-AT00008272090
Addiko BankAT000ADDIKO00
AgranaAT000AGRANA30
AMAGAT00000AMAG33
ams OSRAMAT0000A18XM45
AndritzAT000073000781
AT&SAT000096998590
Austrian PostAT0000APOST442
BAWAGAT0000BAWAG274
CA IMMOAT000064135244
DO & COAT00008188020
FACCAT00000FACC234
ImmofinanzAT0000A21KS221
Kapsch TrafficComAT000KAPSCH90
LenzingAT000064450580
Marinomed Biotech AGATMARINOMED60
Mayr-MelnhofAT000093820419
OMVAT0000743059121
PalfingerAT00007583054
PolytecAT0000A00XX90
PORRAT00006096070
RBIAT000060630688
S ImmoAT00006522503
SBOAT000094665223
SemperitAT00007855550



Decline
Accept

We use cookies and web analysis software to give you the best possible experience on our website. If you consent, these tools will be used. For more details please read our Data protection policy.

INFORMATION FOR PRIVATE CLIENTS / CONSUMERS

Any information, material and services regarding financial instruments and securities provided by Erste Group Bank AG or any of its affiliates (collectively “Erste Group“) on this and any linked website hereafter (jointly the “Websites”) shall be exclusively to investors who are not subject to any legal sale or purchase restrictions (the “Interested Party“).

The publication and distribution of information as well as offering and selling of products and services described on the Websites is prohibited by law in some jurisdictions. For this reason, persons in countries in which the publication as well as the offering and selling of products and services described on the Websites are not permitted by law, must not enter the Websites and/or acquire the products displayed on the Websites.

Neither Erste Group nor any third party shall offer access to the Websites or offer the products to especially, but not limited to citizen/residents of the United States and “U.S. person” (as defined in Regulation S under the US Securities Act 1933 as amended). For this reason, the distribution or redistribution of the information, materials and products into United States or into any other jurisdiction where it is not permitted under the applicable law, as well as to the citizens/residents of these countries shall be prohibited. The securities displayed on the Websites have not been and will not be registered under the US Securities Act of 1933 and trading in the securities has not been approved for purposes of the US Commodities Exchange Act of 1936. For this reason the securities may, inter alia, not be offered, sold or delivered within the United States or, for the account and benefit of U.S. persons.

The Interested Party is solely responsible to examine, whether he may enter the Websites under the law applicable to it. Erste Group shall not be responsible for the distribution of content of any of the Websites to individuals or entities which provide false information about their right to enter the Websites. For this reason Erste Group shall not be liable for any legal claims or damages which may result from the unauthorized entering or reading of the Websites.

By agreeing to this hereto, the Interested Party confirms that
(i) It has read, understood and accepted this Information and the Disclaimer;
(ii) It informed itself about any possible legal restriction and warrants that it is not restricted or prohibited to enter the Websites according to any law applicable; and
(iii) It does not make available the contents of the Websites to any person who is not qualified by law to enter the Websites.