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Articles - Rezultate financiare

Total net assets of five SIFs stand at 6.58 billion lei at end-2014

The net assets of the five financial investment companies /SIFs/ put together stood, in late December 2014, at 6.58 billion lei, by 0.5% higher compared to that in the previous month and by 0.4% lower than in 2013, according to the data released on Wednesday by the Association of Asset Managers in Romania /AAF/.

First Fiscal Semester Results for Immofinanz in Romania

Immofinanz registered increased revenues from rents locally in the first fiscal semester ended at 31st of October 2013, totalizing EUR 24.5 million, compared to EUR 23.6 million in the similar period of last year.

Owners of AFI Palace Cotroceni shopping mall in Bucharest foresee EUR 30 mln income this year

AFI Palace Cotroceni shopping mall in Bucharest, AFI Europe’s largest and most important asset, posted a net operating income of EUR 7.4 million in the third quarter of 2014 and of EUR 22 million in the first nine months, representing a year-on-year increase of 4%.

GTC registered revenues growth from renting commercial centres in Romania

Real estate developer GTC reported EUR 2.8 million from renting the three commercial centres in Romania, with 7 pct growth compared to the same level in 2013, on the background of a slight increase of the average rent and announced that it gave up some new developments, Romania included.

The revenues of Immofinanz, influenced by the departure of the tenants from the office buildings

Austrian group Immofinanz obtained in the first quarter of the fiscal year 2014/2015, from 1st of May to 31st of July, decreased revenues down to EUR 11.6 million from the renting of the 16 assets in Romania, as a result of the departure of the tenants from the office buildings in Bucharest, according to the financial report.

Romania, 4th CEE country by number of big companies

Romania is ranked 4th among countries in Central and Eastern Europe (CEE) according to the number of companies present in the Top 500 largest companies in the region edited by Coface and quoted by Mediafax.

Militari Shopping Center’s rental income drops 12.3 percent in first half

Property firm Atrium European Real Estate said Thursday its net rental income from the Militari Shopping Center in Bucharest fell 12.3 percent to EUR 3 million in the first six months, due to difficulties faced by do-it-yourself retailer Praktiker, one of its shopping outlet’s largest tenants, writes Mediafax.

Romania’s retail turnover up 8.6 pct in H1, 2014

Romania’s retail turnover volume (excluding trade in motor vehicles and motorcycles) in the first half of 2014 grew by 8.6 percent, gross series compared to the first half of 2013, and by 8.2 percent as adjusted series for the number of working days and seasonality, according to data released on Monday by the National Statistics Institute (INS).

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