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Articles - Rezultate financiare

Immofinanz Revenues From Rents in Romania: EUR 31.4 Million in May-December 2016

Immofinanz, one of the most important players on the real estate market in Romnaia has registered in the period between May and December last year EUR 31.4 million revenues from rents, representing 20.1 pct of the total revenues from rents of the group, according to the company’s release.

Impact Developer & Contractor posts operational revenues of RON 152 million in 2016

Impact Developer & Contractor SA posted operational revenues of over RON 152 million in 2016, up by 30 percent year-on-year, and an operational profit of RON 25.5 percent, up by 270 percent year-on-year.

Immofinanz reports 3 pct rental income increase in H1 for Romanian properties

Austrian real estate company Immofinanz has seen its rental income increase by 2.9 percent in the first half of the abbreviated 2016 financial year, totaling EUR 22.9 million, according to company data. This represents a 14.9 percent share of the group’s total rental income, according to company data.

Papalekas starts cashing out from rents, following real estate investments of hundreds millions Euros

The results of the real estate acquisitions flow of the Greek businessman Ioannis Papalekas in Romania started to show. The operational revenue of Globalworth, its real estate vehicle (the businessman owns 36.1 pct of it), went up to EUR 33.8 million in the end of September, growing with 68 pct. compared to the same period of last year.

AFI Europe’s Net Operating Income of Romanian portfolio up to over EUR 34 mln in 9 months

AFI Europe Romania published its Q3 and first nine months of 2016 financial results, generating a Net Operating Income (NOI) from its income producing assets in Romania of EUR 12 million in Q3 and more than EUR 34 million during the first 9 months of the year, representing 17 percent for Q3 and 14 percent for 9 months higher results compared to the same periods in 2015.

Israeli real estate developer increases revenues in Romania

Israeli real estate developer AFI Europe recorded a net operating income of EUR 22.2 million in Romania in the first six months of the year, up 13.1% over the same period in 2015.

Properties in Romania brought Immofinanz revenues of EUR 45.1 million

Real estate company Immofinanz, with properties in Romania of EUR 853 million, obtained in the period between 1st of May 2015 – 30th of April 2016, revenues of EUR 45.1 million from renting its assets on the Romanian market, representing 14.3 pct. from the total revenues of the group.

Globalworth ups profit by over a third

Real estate developer Globalworth Real Estate Investments Limited, founded and managed by Greek investor Ioannis Papalekas, increased its net operating profit by 38% in the first three months of this year to EUR 6.5 million, up from EUR 4.7 million recorded in the same period last year.

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