Delft Aerospace Rocket Engineering

DGAP-News: Corestate with weaker business development in the first half of 2022 - non-recurring items weigh on results

Retrieved on: 
Tuesday, August 9, 2022
Risk, Debt, Alexandria Real Estate Equities, Group, Financial Oversight and Management Board for Puerto Rico, HFS, Income, EBITDA, Stratos, Depreciation, Tax, CoreStates Financial Corporation, Delft Aerospace Rocket Engineering, Security (finance)

August 2022 Corestate Capital Group (Corestate) reports results for the first half of 2022.

Key Points: 
  • August 2022 Corestate Capital Group (Corestate) reports results for the first half of 2022.
  • In the core business, Real Estate Equity and Real Estate Debt, the assets under management amount to 15.8 billion as of June 30, 2022 (2021: 17.2 billion).
  • On the income side, total revenue from continued operations declined in the first half of 2022 to 22.9 million (previous year: 98.3 million).
  • In the first half of 2022, EBITDA from continued operations amounted to -125.4 million, compared with 35.7 million in the previous year.

DGAP-News: Corestate continues to drive transformation and again makes impairments in the Real Estate Debt segment

Retrieved on: 
Tuesday, June 14, 2022
Frankfurt Stock Exchange, IFRS, DGAP, Company, ESG, News, Group, IFRS 9, Stratos, Delft Aerospace Rocket Engineering, Risk, Financial Oversight and Management Board for Puerto Rico, HFS, Industry, Urbanization, Uncertainty, Communication, Security (finance), Bank

This is linked to an extension of valuation spreads for real estate across almost all risk and asset classes.

Key Points: 
  • This is linked to an extension of valuation spreads for real estate across almost all risk and asset classes.
  • On the corporate side, this raises the burdens on the operating business and results in an increase in valuation risks.
  • The aim is to achieve a structural adjustment of the Group by the end of the year, transforming it into an efficient and effective investment house with a focus on real estate equity and debt.
  • The company sees itself as a manager for the entire length of the real estate value chain.

Stratos Aircraft Announces The First Flight Of The Six-Place Stratos 716X

Retrieved on: 
Friday, July 10, 2020
Stratos, Greece, Flight test, Stratos, Aviation, Human activities, Stratos 714, Aircraft, Delft Aerospace Rocket Engineering

REDMOND, Ore., July 10, 2020 /PRNewswire/ --Stratos Aircraft announced the first flight of its Stratos 716X model registration N716X.

Key Points: 
  • REDMOND, Ore., July 10, 2020 /PRNewswire/ --Stratos Aircraft announced the first flight of its Stratos 716X model registration N716X.
  • The flight is the first of an extensive flight test program that will span the next several months.
  • The Stratos Aircraft team should be very proud of this accomplishment, and I'm looking forward to continued flight testing of this new design."
  • Stratos Aircraft has invested significantly to support the production of the Stratos 716 and 716X.