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Articles - Rezultate financiare

Globalworth reached over EUR 800 million real estate assets

Real estate developer Globalworth, founded and controlled by Ioannis Papalekas, reached in the end of the first semester a real estate portfolio evaluated at nearly EUR 809 million, with 12.7 pct increase compared to the end of the first quarter, following the completion of the acquisition of an office building within the Green Court project, developed by Sweden’s Skanska.

Top of Bucharest commercial centres: Baneasa, AFI and Unirea leaders according to rent

The 16 commercial centres in Bucharest have a total area of 1 million square meters and have exploitation incomes of 800 million lei/year. Mall sales represent 5.3 billion lei per year.

Wholesale and retail business up 6.1 pct in first four months

The turnover of wholesale trade and retail and car and motorcycles service increased by 6.1 percent in the first four months, unadjusted series, due to the advance in trade with motor vehicles (14.7 percent) and maintenance and car service (6.8 percent).

Real estate consultants registered growth in 2014: CBRE, the best evolution

The real estate consultancy market was positive last year, but some players registered huge growths. Take a look at the top of consultants with largest advances in 2014.

Software and IT services companies post EUR 2.42 bln revenues in 2014

Romania’s software and IT services industry registered last year EUR 2.42 billion in revenues, up 13 percent compared to the previous year, according to the findings of the “Software and IT Services in Romania”, report released on Wednesday by the ANIS Employers’ Association of the Software and Services Industry.

AFI Europe Romania operating income up 8.1 pct in Q1

AFI Europe Romania announced on Wednesday the financial results for Q1, period which generated a net operating income of nearly EUR 9 million, representing an 8.1 percent increase compared to Q1 2014. The increase was driven mostly by the two new office buildings AFI Park 2 and AFI Park 3.

Austrian CA Immo cashes in EUR 33 mln in rents in Romania

Austrian real estate investor CA Immo posted last year a rental income of almost EUR 33 million in Romania, up 10% over 2013, the investor announced in its most recent financial report.

Value of GTC’s Romanian assets goes down by EUR 36 mln

Real estate developer GTC’s Romanian assets devalued last year by more than EUR 36 million. These include the office complex City Gate in northern Bucharest and its two retail gallerias in Arad and Piatra Neamt.

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