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Articles - Rezultate financiare

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.

Papalekas: Globalworth’s portfolio to reach EUR 1.1 billion in 2017

Globalworth, the investment fund controlled by the Greek businessman Ioannis Papalekas, ended 2015 with assets of EUR 931 million and estimates that the four buildings to be delivered in 2016-2017, would raise the portfolio’s value up to EUR 1.1 billion.

Iulian Dascălu registered EUR 67.7 revenues from rents in 2015

Local entrepreneur Iulian Dascălu, on e of the richest Romanians, registered last year a turnover of EUR 67.7 million, 10 pct. higher than in 2014, from renting his five malls and seven office buildings.

Growing financial results for AFI Europe

The financial results of the office buildings AFI Park 1, AFI Park 2 and AFI Park 3 have registered 33 pct increase of the net operational venue in the first quarter. The occupancy rate of the three office buildings is 100 pct.

NEPI increased profit with 9 pct in first quarter, up to EUR 26.48 million

South-African real estate investment fund New Europe Property Investments (NEPI) registered in the first quarter a profit for its shareholders of EUR 26.48 million, 9 pct. more than the profit registered in the same period of 2015, according to the report sent by the company to the Bucharest Stock Exchange.

13.5 million € net profit in 2015 for Bucharest’s Băneasa shopping centre

Băneasa Developments, the company operating Băneasa Shopping City in northern Bucharest, has registered last year a turnover of EUR 46 million, with 5 pct. increase compared to 2014, while the net profit has increased with more than 10 pct., up to EUR 13.5 million.

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