The incomes from rents and other exploitation venues have increased with 48.3% to EUR 55.32 million, from EUR 37.31 million in 2012, according to the financial situations sent on Thursday to Bucharest Stock Exchange, Mediafax writes.
The cost of the real estate investments exploitation increased with 55%, from EUR 8.96 million to EUR 13.9 million.
In the end of December, NEPI had EUR 328.97 million debts, with 42.5% more than in 2012, EUR 230.79 million.
The fund’s assets, one of the most active real estate investors on the local market, were estimated at the end of December to EUR 1.041 billion, compared to EUR 624.413 million in the end of 2012.
The investment fund reached a portfolio of more than 200,000 sq. m of commercial centres on the local market. The developer has ongoing three more retail projects, Mega Mall Bucuresti, Vulcan Strip Mall Bucuresti and Targu Jiu Shopping City.
NEPI is the first real estate fund listed on Bucharest Stock Exchange on the segment created for Real Estate Investment Trusts (REITs). The fund is also listed in Johannesburg (Africa de Sud) and Lonon, on the AIM segment. (source: wall-street.ro)
