EPRA

EQS-News: Aroundtown SA announces FY 2023 results with strong liquidity and solid operations

Retrieved on: 
Wednesday, April 10, 2024
EV, Annual report, Growth, ICR, Heat, Devaluation, FY, ESG, MDAX, EPRA, Gold, LTV, Collection, FFO, Publication, Cryptocurrency

Liquidity balance increased to €3 billion and net debt reduced by €0.9 billion during 2023.

Key Points: 
  • Liquidity balance increased to €3 billion and net debt reduced by €0.9 billion during 2023.
  • Aroundtown (‘the Company’ or ‘AT’) announces results for the year 2023 in the top range of full year guidance, successfully navigating a volatile macroeconomic environment.
  • €1 billion in new bank debt during 2023 from a variety of different banks, utilizing the strong banking relationships.
  • You can find the Consolidated Report for FY 2023 on AT’s website under Investor Relations > Publications > Financial Reports or under this link:

EQS-News: Deutsche Wohnen: Stable Performance in the financial year 2023

Retrieved on: 
Wednesday, April 10, 2024
Deutsche Wohnen, Tax, EBT, Environment, Sale, NAV, EPRA, Care, Depreciation, LTV, Orientation

In a challenging environment for the real estate industry, Deutsche Wohnen SE delivered a stable operating performance in the financial year 2023.

Key Points: 
  • In a challenging environment for the real estate industry, Deutsche Wohnen SE delivered a stable operating performance in the financial year 2023.
  • The Deutsche Wohnen Management Board subjected the nursing care activities to a strategic review.
  • Going forward, Deutsche Wohnen will be making a clearer distinction in the management system between earnings orientation and liquidity orientation.
  • Going forward, Deutsche Wohnen will reconcile EBITDA to earnings before taxes (EBT), establishing this as the central measure of earnings.

EQS-News: CPI PROPERTY GROUP publishes financial results for 2023

Retrieved on: 
Wednesday, April 10, 2024
WAULT, EUR, CPI, Growth, Capital expenditure, ICR, Environment, GSG, Hotel, Webcast, CEE, NAV, EPRA, Investment, LTV, FFO

CPI PROPERTY GROUP (hereinafter “CPIPG”, the “Company” or together with its subsidiaries the “Group”), a leading European landlord, hereby publishes audited financial results for the financial year ended 31 December 2023.

Key Points: 
  • CPI PROPERTY GROUP (hereinafter “CPIPG”, the “Company” or together with its subsidiaries the “Group”), a leading European landlord, hereby publishes audited financial results for the financial year ended 31 December 2023.
  • “CPIPG’s results in 2023 demonstrate the resilient and high-yielding nature of real estate in the CEE region,” said David Greenbaum, CEO.
  • The Group raised over €2.5 billion of secured and unsecured external financing in 2023, including €1.2 billion of fresh cash.
  • CPIPG will host a webcast in relation to its financial results for 2023.

EQS-News: HAMBORNER REIT AG: Annual financial statements confirm successful business performance with revenue and earnings growth in 2023 – dividend proposal of €0.48 per share – AGM on 25 April 2024

Retrieved on: 
Wednesday, April 10, 2024
EPRA, LTV, Uncertainty, Annual report, REIT, Annual general meeting, Policy, NAV, Environment

Duisburg, 14 March 2024 – HAMBORNER REIT AG today publishes its annual report for 2023 following another successful financial year and is confirming the preliminary figures released on 8 February 2024.

Key Points: 
  • Duisburg, 14 March 2024 – HAMBORNER REIT AG today publishes its annual report for 2023 following another successful financial year and is confirming the preliminary figures released on 8 February 2024.
  • Although the 2023 financial year was characterised by a high degree of uncertainty and numerous negative factors, the company successfully continued its business performance, achieving its revenue forecast in full and exceeding its earnings target.
  • The company’s financial position also remained comfortable, with a REIT equity ratio of 55.1% and loan-to-value (LTV) of 43.5%.
  • At an operating level, the company achieved considerable success in its letting activities in the 2023 financial year.

Aroundtown SA announces FY 2023 results with strong liquidity and solid operations

Retrieved on: 
Wednesday, April 10, 2024
EV, Annual report, Growth, ICR, Heat, Devaluation, FY, ESG, MDAX, EPRA, Gold, LTV, Collection, FFO, Publication, Cryptocurrency

Liquidity balance increased to €3 billion and net debt reduced by €0.9 billion during 2023.

Key Points: 
  • Liquidity balance increased to €3 billion and net debt reduced by €0.9 billion during 2023.
  • Aroundtown (‘the Company’ or ‘AT’) announces results for the year 2023 in the top range of full year guidance, successfully navigating a volatile macroeconomic environment.
  • €1 billion in new bank debt during 2023 from a variety of different banks, utilizing the strong banking relationships.
  • You can find the Consolidated Report for FY 2023 on AT’s website under Investor Relations > Publications > Financial Reports or under this link:

EQS-News: Deutsche EuroShop: Operating business picks up in financial year 2023

Retrieved on: 
Wednesday, April 10, 2024
Annual report, Tax, EBT, Deutsch, Growth, Coronavirus, Acquisition, EPRA, Investment, IAS, FFO, Deutsche EuroShop

Hamburg, 19 March 2024 – The shopping center investor Deutsche EuroShop this evening announced its preliminary and as yet unaudited results for financial year 2023.

Key Points: 
  • Hamburg, 19 March 2024 – The shopping center investor Deutsche EuroShop this evening announced its preliminary and as yet unaudited results for financial year 2023.
  • “We recorded significant growth in 2023, both in operational terms and in relation to our investment portfolio.
  • 5.7% more people visited our shopping centers and our tenants increased their retail sales by 8.6% compared to 2022,” explains Executive Board member Hans-Peter Kneip.
  • The portfolio includes the Main-Taunus-Zentrum near Frankfurt, the Altmarkt-Galerie in Dresden and the Galeria Baltycka in Gdansk, among many others.

EQS-News: Grand City Properties S.A. announces FY 2023 results with robust operational growth and stable LTV

Retrieved on: 
Wednesday, March 13, 2024
FFO, EPRA, Growth, GCP, LTV, Grand City Properties, Financial statement, Risk, Acceleration, FY, Publication, Bank statement, Environment, Security (finance)

Adjusted EBITDA of €320 million in FY 2023, higher by 4% as compared to €308 million in FY 2022.

Key Points: 
  • Adjusted EBITDA of €320 million in FY 2023, higher by 4% as compared to €308 million in FY 2022.
  • EPRA LTV (considering perpetual notes as debt) as of December 2023 is 48%, up from 46% in December 2022 due to negative property revaluation.
  • Luxembourg, March 13, 2024 – Grand City Properties S.A. (“GCP” or the “Company”) announces results for the financial year 2023 with robust operational performance, strong liquidity position and conservative financial leverage maintained.
  • In 2023, GCP continued its proactive approach of strengthening liquidity, reducing refinance risk and maintaining a conservative financial profile with stable LTV ratio.

Custodian Property Income REIT plc: Update on recommended all-share merger with abrdn Property Income Trust Limited

Retrieved on: 
Wednesday, March 13, 2024
Person, RCF, Sale, Annual report, IPO, FCA, NTA, Share, Disclosure, Documentation, NAV2, FSMA, EPRA, API, ULR, Prospectus, Bloomberg, NAV, Risk, AGM, Policy, Failure, Holding company

The CREI Board notes the API portfolio weighting to industrials is only 48% (as a % of API's portfolio by income as at 31 December 2023)8.

Key Points: 
  • The CREI Board notes the API portfolio weighting to industrials is only 48% (as a % of API's portfolio by income as at 31 December 2023)8.
  • The ULR specialist investment strategy for the combined group therefore would reflect a material divergence from the current API strategy.
  • The two principal drivers of earnings per share in a property investment company are rental income and cost of debt.
  • Data for the twelve months to 18 January 2024 (being the latest practicable date prior to the Recommended Merger Announcement).

Grand City Properties S.A. announces FY 2023 results with robust operational growth and stable LTV

Retrieved on: 
Wednesday, March 13, 2024
FFO, EPRA, Growth, GCP, LTV, Grand City Properties, Financial statement, Risk, Acceleration, FY, Publication, Bank statement, Environment, Security (finance)

Adjusted EBITDA of €320 million in FY 2023, higher by 4% as compared to €308 million in FY 2022.

Key Points: 
  • Adjusted EBITDA of €320 million in FY 2023, higher by 4% as compared to €308 million in FY 2022.
  • EPRA LTV (considering perpetual notes as debt) as of December 2023 is 48%, up from 46% in December 2022 due to negative property revaluation.
  • Luxembourg, March 13, 2024 – Grand City Properties S.A. (“GCP” or the “Company”) announces results for the financial year 2023 with robust operational performance, strong liquidity position and conservative financial leverage maintained.
  • In 2023, GCP continued its proactive approach of strengthening liquidity, reducing refinance risk and maintaining a conservative financial profile with stable LTV ratio.

Citycon's Financial Statements Release for January 1 - December 31 2023: Compounding operational growth, coupled with significant expense reductions fueling 2024 guidance

Retrieved on: 
Thursday, February 15, 2024
NOK, Collection, EPRA, Growth, Dislocation, Sale, Tenant, Myyrmanni, S&P, Commercial paper, Public expenditure, EPS, Selver, Prisma, Lidl, FX, Bank

HELSINKI, Feb. 15, 2024 /PRNewswire/ -- Compounding operational growth, rent & occupancy increases, coupled with significant expense reductions fueling 2024 guidance

Key Points: 
  • HELSINKI, Feb. 15, 2024 /PRNewswire/ -- Compounding operational growth, rent & occupancy increases, coupled with significant expense reductions fueling 2024 guidance
    Like-for-like net rental income in Q4 increased 5.3% compared to the previous year.
  • Citycon updated its EUR 400 million Commercial Paper programme into green format, and issued its first Green Commercial Paper.
  • Our properties also possess excellent access to public transportation and locations in the strongest and fast-growing cities in the Nordics.
  • Taken together, these factors give us confidence that 2024 results will continue to build on our solid performance in 2023.