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Articles - Rezultate financiare

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.

Immofinanz sees rents down but doubles operating profit in Romania

Austrian real estate group Immofinanz posted a EUR 35.2 million rental income in Romania in the first nine months of the financial year 2014-2015, down 2.7% year-on-year.

Bucharest retail center sees 9.5% revenue drop

The Bucharest-based retail center Militari Shopping Center recorded last year a 9.5% drop in revenues, down to EUR 5.8 million.

AFI Palace Cotroceni posts EUR 30 mln operating income in 2014

AFI Palace Cotroceni shopping mall in Bucharest, AFI Properties’ largest and most important asset, ended 2014 with a total income of EUR 37.5 million out of which approximately EUR 30 million is the net operating income, which is up 4 percent against 2013.

NEPI shareholders to choose between dividends and shares

South-African real estate investment fund New Europe Property Investments (NEPI) has proposed its shareholders dividends worth EUR 48.24 million or granting new shares.

Greek investor Ioannis Papalekas nears EUR 1 bln real estate portfolio in Romania

Real estate investment firm Globalworth, controlled by Greek businessman Ioannis Papalekas, increased its portfolio in Romania to EUR 752 million.
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