26.03.2023, 1842 Zeichen

S Immo: Real estate company S Immo announced further progress regarding its ongoing sales programme for residential and commercial properties in Germany. The company has signed an agreement for the sale of 41 properties in Berlin consisting of roughly 1,300 residential and commercial units with over 100,000 m² of rental area. Siince September 2022, S Immo so far has signed sales contracts in Germany for 152 properties with a total volume of around EUR 570m. “S Immo continues to deliver on our plan to sell lower-yielding assets in Germany and reinvest in higher-yielding office assets in the CEE region,” said Herwig Teufelsdorfer, Member of the Management Board. “In this process, we benefit from the high quality of our assets, which continue to attract a diverse range of buyers.” German assets currently under consideration for disposal by S Immo exceed EUR 500m.
S Immo: weekly performance: -1.52%

Andritz: International technology group Andritz has introduced a new type of drying hood with electric heating that helps tissue machine operators replace fossil fuel, thus avoiding carbon emissions and progressing towards their sustainability goals. In addition, the system offers increases in energy efficiency and production rates compared to conventional fossil-fueled systems. An order was already placed, start-up will be by the end of this year. “We developed the new hood in close cooperation with customers. It perfectly matches today’s need for sustainable and especially CO2 reduced high-quality tissue production. Having received the first order right after the market launch is the best proof that we are meeting our customers’ needs,” says George Nowakowski, Vice President Tissue Drying, Andritz Canada.
Andritz: weekly performance: 5.30%

(From the 21st Austria weekly https://www.boerse-social.com/21staustria (20/03/2023)

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