CA Immo's nine-month recurring earnings slightly up at 55.8 mln euros

November 25, 2015 6:41 PM

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VIENNA Nov 25 Austrian real estate group CA Immo said on Wednesday its recurring earnings, or FFO I, which reflect earnings before taxes and property sales, were up 3.3 percent at 55.8 million euros ($59.26 million) in the first nine months of the year.

Confirming its guidance for 2015 FFO I to reach 80 million euros, CA Immo continues to streamline its portfolio to focus on office properties in Germany, Austria and Eastern Europe.

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