CA Immobilien Anlagen AG/€CAI
1D1W1MYTD1Y5YMAX
Capital at risk
About CA Immobilien Anlagen AG
CA Immobilien Anlagen AG, known as CA Immo, is an Austrian real estate company specializing in the development, leasing, and management of high-quality office properties across Central Europe. Founded in 1987 and headquartered in Vienna, the company operates in Germany, Austria, and Eastern Europe, managing property assets valued at approximately €6.3 billion. CA Immo's core business encompasses the entire value chain of commercial real estate, leveraging substantial in-house construction expertise. As of December 31, 2024, the company reported rental income of €238.95 million and employed 254 staff members. The company's strategic focus includes enhancing portfolio quality through a clear emphasis on core markets and the divestment of non-strategic properties.
- Ticker
- €CAI
- Sector
- Real Estate
- Primary listing
- VSE
- Employees
- 221
- Headquarters
- Vienna, Austria
- Website
- www.caimmo.com
CAI Metrics
BasicAdvanced
€2.1B
13.98
€1.62
0.47
€0.90
3.99%
Price and volume
Market cap
€2.1B
Beta
0.47
52-week high
€27.30
52-week low
€22.14
Average daily volume
37K
Dividend rate
€0.90
Financial strength
Current ratio
0.799
Quick ratio
0.687
Long term debt to equity
0.562
Total debt to equity
0.845
Dividend payout ratio (TTM)
54.56%
Interest coverage (TTM)
2.87%
Profitability
EBITDA (TTM)
148.062
Gross margin (TTM)
68.99%
Net profit margin (TTM)
55.51%
Operating margin (TTM)
54.04%
Effective tax rate (TTM)
-76.61%
Revenue per employee (TTM)
€1,240,000
Management effectiveness
Return on assets (TTM)
1.70%
Return on equity (TTM)
6.20%
Valuation
Price to earnings (TTM)
13.977
Price to revenue (TTM)
7.759
Price to book
0.85
Price to tangible book (TTM)
0.85
Price to free cash flow (TTM)
15.697
Free cash flow yield (TTM)
6.37%
Free cash flow per share (TTM)
1.438
Dividend yield (TTM)
3.99%
Forward dividend yield
3.99%
Growth
Revenue change (TTM)
-19.96%
Earnings per share change (TTM)
1,008.41%
3-year revenue growth (CAGR)
-11.72%
10-year revenue growth (CAGR)
0.31%
3-year earnings per share growth (CAGR)
6.98%
10-year earnings per share growth (CAGR)
-5.13%
3-year dividend per share growth (CAGR)
-3.45%
10-year dividend per share growth (CAGR)
6.05%
Bulls say / Bears say
Like-for-like portfolio fundamentals were resilient: annualized rental income increased 2.4%, German occupancy improved to 95.8%, and CA Immo signed approximately 82,700 square metres of new and extended leases, including full pre-leasing of Berlin’s Anna Lindh Haus. (CA Immo H1 2026 Financial Report)
Balance-sheet leverage remained controlled, with net loan-to-value stable at 34.5% and gross loan-to-value improving to 46.1% from 48.3% at the end of 2025; net debt also declined to €1.53 billion. (CA Immo H1 2026 Financial Report)
Capital allocation is supportive of per-share value: CA Immo completed a €68.6 million buyback of 2.77 million shares at a €24.76 average price and launched a further programme for up to 2.0% of share capital, subject to a price no higher than the latest IFRS NAV per share. (Deutsche Börse; Reuters/Refinitiv)
H1 2026 rental income fell 15.6% year over year to €104.8 million, while FFO I declined 11.7% to €55.6 million; management attributed the recurring-earnings pressure primarily to recent asset disposals. (CA Immo H1 2026 Financial Report)
Portfolio occupancy slipped to 94.1% from 94.9% a year earlier, with CEE occupancy falling materially to 90.6% from 93.7%; this leaves leasing performance in the region as a continuing execution risk. (CA Immo H1 2026 Financial Report)
Development and refinancing demands remain significant: property assets under development increased to €686.3 million, while short-term interest-bearing liabilities rose to €686.7 million from €287.0 million at year-end 2025. (CA Immo H1 2026 Financial Report)
Data summarised monthly by Lightyear AI. Last updated on 11 Sept 2026.
Upcoming events
No upcoming events
Funds containing CAI
AllEURGBPUSD
Fund name | Fund size | €CAI weighting |
|---|---|---|
iShares ATX€EXXX | €171M | 0.92% |
iShares European Property Yield€IPRP | €813M | 0.49% |
iShares European Property Yield£IPRP | £698M | 0.49% |
iShares Developed Markets Property Yield$IDWP | $1.2B | 0.05% |
iShares Developed Markets Property Yield£IWDP | £859M | 0.05% |
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
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