{"id":5922,"date":"2024-10-22T16:11:10","date_gmt":"2024-10-22T14:11:10","guid":{"rendered":"https:\/\/www.gieag.de\/?p=5922"},"modified":"2024-12-18T11:33:45","modified_gmt":"2024-12-18T10:33:45","slug":"gieag-immobilien-ag-conducts-successful-annual-general-meeting","status":"publish","type":"post","link":"https:\/\/www.gieag.de\/en\/gieag-immobilien-ag-conducts-successful-annual-general-meeting\/","title":{"rendered":"GIEAG Immobilien AG conducts successful Annual General Meeting"},"content":{"rendered":"

[vc_row][vc_column][vc_column_text css=””]GIEAG Immobilien AG (\u2018GIEAG\u2019) successfully conducted its Annual General Meeting on October 4, 2024 in Munich. All of the items on the agenda were ratified by the attendant shareholders with a unanimous 100 percent approval rate. In addition to endorsing the actions of the Executive Board and Supervisory Board for the 2023 financial year and confirming the auditor for the 2024 financial year, shareholders also unanimously re-elected Professor Christoph Ehrhardt, Alexander Pferschy and G\u00fcnter Koller to the Supervisory Board for a further term of office. The shareholders also resolved to carry forward the net retained profits of EUR 39,380,981.31 to the next accounting period. Detailed voting results and other pertinent documents related to the Annual General Meeting can be accessed on the GIEAG Immobilien AG website: https:\/\/www.gieag.de\/en\/investor-relations\/<\/a>.<\/p>\n

\u201cThe unanimous approval of all of the resolutions at our Annual General Meeting reflects the unwavering confidence our shareholders have in the future of our company\u201d, stated Benjamin Johansson, CEO of GIEAG, before adding: \u201cWith a track record of over 20 years of improving the value of real estate assets, we are well-positioned to navigate the current challenging market environment. Despite the obstacles, we remain optimistic as we identify numerous opportunities for growth. Leveraging our extensive expertise and established market presence, we are strategically placed to capitalise on these opportunities and drive continued success\u201d.<\/p>\n

For the 2024 financial year, GIEAG Immobilien AG expects the company\u2019s value to remain stable, while revenue, including other operating income, is projected to increase. Despite the challenges posed by the current market conditions, GIEAG expects to achieve an almost balanced consolidated result. With the sale of a number of portfolio properties, the company plans to reduce its external financing with the aim of achieving a proportionate reduction in the Group\u2019s debt.[\/vc_column_text][\/vc_column][\/vc_row]<\/p>\n<\/div>","protected":false},"excerpt":{"rendered":"

[vc_row][vc_column][vc_column_text css=””]GIEAG Immobilien AG (\u2018GIEAG\u2019) successfully conducted its Annual General Meeting on October 4, 2024 in Munich. All of the items on the agenda were ratified by the attendant shareholders with a unanimous 100 percent approval rate. In addition to endorsing the actions of the Executive Board and Supervisory Board for the 2023 financial year […]<\/p>\n","protected":false},"author":11,"featured_media":5926,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[93],"tags":[191,192,189,190],"class_list":["post-5922","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-press-releases","tag-wohnanlage-en","tag-gieag-en","tag-bestandsobjekte-en","tag-projektentwickler-en"],"acf":[],"yoast_head":"\nGIEAG Immobilien AG conducts successful Annual General Meeting<\/title>\n<meta name=\"description\" content=\"GIEAG Immobilien AG successfully conducted its Annual General Meeting on October 4, 2024 in Munich.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" 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