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EPRA NAV

Listed 25/07/2019

Austrian S IMMO expects €120m portfolio uplift in first half results

Austrian listed S IMMO said it expects a portfolio value uplift of some €120m when first-half figures are released in late August, taking EPRA (...)

Listed 11/04/2019

Austria's Immofinanz finds direction, reversing 2017's net loss, doubling FFO to €85m

Immofinanz, the listed Austrian property group that has been searching for direction for years, finally found it in 2018, reversing 2017's net loss and (...)

Listed 24/01/2019

Sweden's Castellum reports 27% rise in 2018 net to €727m

Swedish listed property firm Castellum reported a near 27%yy climb in net income for 2018 to SEK7.45bn (€727m), and said it will propose a (...)

Listed 27/08/2018

Germany-focused Grand City boosts 1H FFO 16% to €99m

Germany-focused listed housing firm Grand City Properties, an affiliate of the Aroundtowngroup, increased first half funds from operations by 16% to €99m, and said it (...)

Listed 27/07/2018

Italy's Coima Res 1H net up 19% to €17m, to focus on Milan base

Italian REIT/SIIQ Coima Res raised first half net profit 19%yy to €16.8m, EPRA earnings per share by 17.4% and recurring FFO by 11.5%, saying it is (...)

Listed 02/07/2018

Austria's Immofinanz confirms sale of CA Immo shares, for €758m

Austrian listed Immofinanz confirmed it is selling its 26% stake in peer CA Immobilien to US-based Starwood Capital Partners, for €757.9m or €29.5 per shr. It will use proceeds (...)

Finance 04/05/2018

Germany's TLG on track to double portfolio in office, retail – co-CEOs

TLG Immobilien, the Berlin-based listed group, is on track to double its portfolio, focusing on office and specialised retail property, say co-CEOs Peter Finkbeiner and Niclas Karoff. (...)

Listed 23/04/2018

German TLG shareholder Adar exits, Dayan converts to 22.5% direct stake

Major shareholdings in German listed TLG have shifted again. Hedge fund Adar has sold its entire 18.17% stake while another, Ouram controlled by Israeli investor Amir (...)

Listed 19/04/2018

Berlin's listed Adler sets up €115m JV with Benson Elliot for disposals

Berlin's listed housing group Adler Real Estate is setting up a joint venture with London private equity firm Benson Elliot to sell non-core properties. (...)

Listed 27/03/2018

Austria's Immofinanz rejects unsolicited US Starwood offer at €2.10 shr

Austria's listed property group Immofinanz has rejected an unsolicited partial offer for a 5% stake made by the US-based Starwood Capital group in parallel to a bid for (...)

Housing 23/03/2018

Berlin's Deutsche Wohnen boosts 2017 net 9% to record €1.8bn, sees further rises

Berlin's Deutsche Wohnen, Germany's second largest housing group managing 163,000 units, said its portfolio appreciated in value by €2.4bn last year and group net rose (...)

Housing 19/03/2018

German housing group Grand City boosts FFO1 by 11% but net profit slips

Grand City Properties, the listed German housing investor, reported a 11% rise in 2017 FFO1 to €178m, though net profit slipped to €639m. At (...)

Listed 12/03/2018

AIM's Romania-based Globalworth more than doubles 2017 net after Griffin buy

Globalworth, the Romania-based listed office group, more than doubled net attributable profit to €23.7m in 2017, the year in which it also entered Poland (...)

Finance 09/03/2018

Luxembourg's Aroundtown on track to retain issuer crown with €606m capital raise

Luxembourg's Aroundtown, which specialises in German and Dutch CRE and German housing via its Grand City affiliate, is on its way to keeping its record (...)

Housing 06/03/2018

German housing giant Vonovia boosts 2017 FFO by 21% to €921m

Vonovia, Germany's largest housing company, boosted FFO1 by 21% to €920.8m in 2017 due to organic, internal growth but also the integration of Vienna-based (...)

Listed 02/03/2018

Spanish REIT Merlin boosts net by 89% to €1.1bn, proposes added 2017 dividend

Spain's largest REIT/SOCIMI Merlin Properties reported a 89% surge in 2017 net profit to €1.1bn, with FFO up 31% at €289m, though per share FFO rose (...)

Finance 16/02/2018

French listed mall group Carmila raises 2017 earnings 6.2% to €183m

French shopping centre group Carmila, an affiliate of giant hypermarket chain Carrefour, said 2017 recurring EPRA earnings rose 6.2% to €182.9m on a portfolio valued at €5.8bn, 9.1% (...)

Finance 12/02/2018

French REIT Icade triples 2017 net to €170m, proposes dividend increase

French REIT Icade reported a tripling of 2017 net attributable profit to €170.3m, and will propose a rise in its dividend to €4.30 per share. Net (...)

Retail 08/02/2018

French mall REIT Klépierre boosts 2017 net to €1.5bn, raises div., guidance

French shopping centre REIT/SIIC Klépierre reported a slight rise in net income for 2017 to €1.50bn from €1.48bn a year earlier, plus a 7.4% climb in (...)

Finance 29/11/2017

Austria's Immofinanz, after signing Moscow mall sale, doubles 9mth FFO1

Austrian listed Immofinanz, having finally signed to sell a troubled Moscow mall portfolio, said it more than doubled nine months' FFO1 to €48.6m, turning round (...)