Case Study: IMMOFINANZ achieves a unified One Finance Hub and streamlined planning & consolidation with CCH Tagetik

IMMOFINANZ - Customer Case Study

IMMOFINANZ AG, a commercial real estate group with about 225 office and retail properties across eight core European markets and roughly EUR 5.1 billion in assets, faced a fragmented and outdated planning and consolidation landscape. Its legacy planning tool had become an isolated, complex solution that could not meet commercial, consolidation, tax and IFRS 16 requirements, relied heavily on manual work and external consultants, and blocked efforts to standardize processes or support M&A activity.

Working with PwC, IMMOFINANZ implemented a One Finance Hub based on CCH Tagetik for budgeting, planning & forecasting, consolidation, cost allocation and lease accounting. The integrated solution created a unified data base, enabled automation and drill-down analysis, reduced Excel-driven manual effort, shifted control to finance key users, cut dependence on consultants and streamlined processes—freeing staff to focus on value-added analysis.

IMMOFINANZ

Andreas Schmidt-Pöstion

Head of Controlling & Country Finance