EPRA

EQS-News: CPI PROPERTY GROUP publishes financial results for 2022

Retrieved on: 
Saturday, April 15, 2023

CPI PROPERTY GROUP (hereinafter “CPIPG”, the “Company” or together with its subsidiaries the “Group”) hereby publishes audited financial results for the financial year ended 31 December 2022.

Key Points: 
  • CPI PROPERTY GROUP (hereinafter “CPIPG”, the “Company” or together with its subsidiaries the “Group”) hereby publishes audited financial results for the financial year ended 31 December 2022.
  • In 2023 we will focus on integration, optimisation, and reducing leverage.”
    The Group fully consolidates the assets, liabilities, and equity of IMMOFINANZ and S IMMO.
  • Highlights of the 2022 financial year include:
    CPIPG’s property portfolio reached €20.9 billion (versus €13.1 billion at year-end 2021) as the Group consolidated IMMOFINANZ (€5.3 billion) and S IMMO (€3.4 billion) and made nearly €900 million of disposals during 2022.
  • CPIPG will host a webcast in relation to its financial results for 2022.

EQS-News: IMMOFINANZ with strong operating performance in 2022 despite a challenging environment

Retrieved on: 
Friday, March 31, 2023

IMMOFINANZ Group delivered very good operating performance in 2022 in spite of the challenging environment.

Key Points: 
  • IMMOFINANZ Group delivered very good operating performance in 2022 in spite of the challenging environment.
  • This strong operating performance was, however, contrasted by the negative effect on valuation results caused by current market trends.
  • In total, IMMOFINANZ generated net profit of EUR 142.0 million, or earnings per share of EUR 1.04, in the 2022 financial year.
  • “The quality of our properties and steady rental income again proved to be stable pillars in a volatile environment.

Aroundtown SA announces FY 2022 results with guidance achieved and continued disposals despite challenging environment

Retrieved on: 
Tuesday, March 28, 2023

EPRA NTA including RETT (previously defined as EPRA NTA) per share amounted to €9.8 in 2022, compared to €10.2 in 2021.

Key Points: 
  • EPRA NTA including RETT (previously defined as EPRA NTA) per share amounted to €9.8 in 2022, compared to €10.2 in 2021.
  • Guidance for FY 2022 achieved and guidance for FY 2023 published.
  • Aroundtown (‘the Company’ or ‘AT’) presents the results for the year 2022 achieving the 2022 guidance despite the difficult macroeconomic conditions.
  • Aroundtown achieved disposals in the amount of €1.6 billion in 2022 with a further €150 million so far in 2023.

EQS-News: Aroundtown SA announces FY 2022 results with guidance achieved and continued disposals despite challenging environment

Retrieved on: 
Tuesday, March 28, 2023

EPRA NTA including RETT (previously defined as EPRA NTA) per share amounted to €9.8 in 2022, compared to €10.2 in 2021.

Key Points: 
  • EPRA NTA including RETT (previously defined as EPRA NTA) per share amounted to €9.8 in 2022, compared to €10.2 in 2021.
  • Guidance for FY 2022 achieved and guidance for FY 2023 published.
  • Aroundtown (‘the Company’ or ‘AT’) presents the results for the year 2022 achieving the 2022 guidance despite the difficult macroeconomic conditions.
  • Aroundtown achieved disposals in the amount of €1.6 billion in 2022 with a further €150 million so far in 2023.

EQS-News: Deutsche Wohnen SE: Stable Performance in the financial year 2022

Retrieved on: 
Friday, March 24, 2023

In a challenging environment for the real estate industry, Deutsche Wohnen SE delivered a stable operating performance in the financial year 2022.

Key Points: 
  • In a challenging environment for the real estate industry, Deutsche Wohnen SE delivered a stable operating performance in the financial year 2022.
  • Accounting for this volume effect, Deutsche Wohnen looks back on a stable financial year.
  • Olaf Weber, CFO of Deutsche Wohnen commented: “Deutsche Wohnen provided a solid performance in a challenging market environment in the financial year 2022.
  • Deutsche Wohnen expects a slight decline of the Adjusted EBITDA Total as well as the Group FFO.

EQS-News: Deutsche EuroShop: Operational upswing continues in 2022

Retrieved on: 
Tuesday, March 21, 2023

Consolidated profit of €21.4 million, funds from operations of €130.1 million

Key Points: 
  • Consolidated profit of €21.4 million, funds from operations of €130.1 million
    Hamburg, 21 March 2023 – Deutsche EuroShop this evening announced its preliminary and as yet unaudited results for financial year 2022.
  • In contrast to the previous year, which was significantly affected by store closures mandated by the authorities, tenants were able to open their stores throughout 2022.
  • As a result, revenue in 2022 was only slightly higher than in the previous year at €212.8 million, despite the fact that there were no closure periods.
  • In financial year 2022, Deutsche EuroShop increased its dividend capacity by reversing committed capital reserves.

EQS-News: Vonovia SE: Vonovia’s economic development is robust and adapting to changes in its general environment

Retrieved on: 
Thursday, March 16, 2023

Operating within a challenging environment, the company recorded a positive year-on-year development in corporate KPIs.

Key Points: 
  • Operating within a challenging environment, the company recorded a positive year-on-year development in corporate KPIs.
  • Despite a challenging market environment, Vonovia’s economic performance was positive in the 2022 financial year.
  • Overall, Vonovia is optimistic about the future and is expecting the market environment for residential properties to pick up again in the medium term.
  • For the financial year, Vonovia is forecasting to increase total segment revenues to a level between €6.4 billion and €7.2 billion.

EQS-News: Grand City Properties S.A. announces results for FY 2022 with solid operational performance despite macro-economic uncertainty

Retrieved on: 
Thursday, March 16, 2023

Solid FFO I growth, with FFO I for 2022 amounting to €192 million, 3% higher YOY.

Key Points: 
  • Solid FFO I growth, with FFO I for 2022 amounting to €192 million, 3% higher YOY.
  • FFO I per share of €1.14 per share in 2022, increasing by 3% as compared to €1.11 per share in 2021.
  • Luxembourg, March 16, 2023 – Grand City Properties S.A. (“GCP” or the “Company”) announces results for the financial year 2022.
  • Refael Zamir, CEO of Grand City Properties: "Throughout 2022, we continued our focus on delivering solid operational improvements that have brought portfolio vacancy to a record low of 4.2% and met 2022 guidance targets.

Grand City Properties S.A. announces results for FY 2022 with solid operational performance despite macro-economic uncertainty

Retrieved on: 
Thursday, March 16, 2023

Solid FFO I growth, with FFO I for 2022 amounting to €192 million, 3% higher YOY.

Key Points: 
  • Solid FFO I growth, with FFO I for 2022 amounting to €192 million, 3% higher YOY.
  • FFO I per share of €1.14 per share in 2022, increasing by 3% as compared to €1.11 per share in 2021.
  • Luxembourg, March 16, 2023 – Grand City Properties S.A. (“GCP” or the “Company”) announces results for the financial year 2022.
  • Refael Zamir, CEO of Grand City Properties: "Throughout 2022, we continued our focus on delivering solid operational improvements that have brought portfolio vacancy to a record low of 4.2% and met 2022 guidance targets.

EQS-News: HAMBORNER REIT AG: Annual financial statements confirm business performance in line with planning in 2022 – dividend proposal of €0.47 per share – outlook for 2023 remains positive

Retrieved on: 
Thursday, March 16, 2023

Duisburg, 16 March 2023 – HAMBORNER REIT AG today publishes its annual report for 2022 following another successful financial year and is fully confirming the preliminary figures published on 9 February 2023.

Key Points: 
  • Duisburg, 16 March 2023 – HAMBORNER REIT AG today publishes its annual report for 2022 following another successful financial year and is fully confirming the preliminary figures published on 9 February 2023.
  • Although the 2022 financial year was characterised by a high degree of uncertainty and numerous negative factors, the company successfully continued its business performance in line with planning, achieving its revenue forecast in full and exceeding its earnings target.
  • The company’s financial position also remained very comfortable, with a REIT equity ratio of 59.6% and loan-to-value (EPRA NAV) of 39.1%.
  • The company also continued its reliable and stable business performance in terms of its operating activities and achieved considerable success in its letting activities in the 2022 financial year.