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SRC-Scharff Research und Consulting GmbH Klingerstr. 23 60313 Frankfurt, Germany http://www.src-research.de
Contact Mr Stefan Scharff +49 69 40031380
Company logo of SRC-Scharff Research und Consulting GmbH
SRC-Scharff Research und Consulting GmbH

SRC Research lifts S IMMO target price to Euro 10.50 after a promising first quarter result (Buy maintained)

(PresseBox) (Frankfurt, )
SRC Research the bank-independent analysts' house for Financial and Real Estate stocks today presents a rating update for Vienna-based real estate player S IMMO AG. The company has a well-diversified portfolio of office, commercial and residential properties in eight European countries, which are divided in the core countries Germany and Austria, representing about 63% of the total portfolio. Eastern Europe and South-Eastern Europe account for about 37%. All in all, the total real estate portfolio of the group has a volume of Euro 2.0bn as of today.

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