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Articles - Financial results

AFI Europe Romania Net Operating Income (NOI) increased by 10% to over EUR 51 million during 2017

AFI Europe Romania published its financial results; The Net Operating Income (NOI) from its income producing assets in Romania reached to over EUR 51 million in 2017, representing 10.1% higher results compared to 2016.

Immofinanz Obtained In The First Quarter 12.2 Million Euros From The Rental Of Properties In Romania

The Austrian real estate investor Immofinanz obtained rental income of 12.2 million Euros in the first quarter of the year.

Immofinanz Revenues From Rents in Romania: EUR 31.4 Million in May-December 2016

Immofinanz, one of the most important players on the real estate market in Romnaia has registered in the period between May and December last year EUR 31.4 million revenues from rents, representing 20.1 pct of the total revenues from rents of the group, according to the company’s release.

Impact Developer & Contractor posts operational revenues of RON 152 million in 2016

Impact Developer & Contractor SA posted operational revenues of over RON 152 million in 2016, up by 30 percent year-on-year, and an operational profit of RON 25.5 percent, up by 270 percent year-on-year.

Over EUR 55 bln, the companies’ turnover with foreign capital in Romania

The companies from Romania which have foreign investors registered a total turnover of RON 250 billion (EUR 55 billion) in 2015. On the first place are the Dutch firms, which generated a turnover of approximately EUR 35 billion, says a study of Creditinfo, a company specialized in the supply of products and commercial risk management of services.

Immofinanz reports 3 pct rental income increase in H1 for Romanian properties

Austrian real estate company Immofinanz has seen its rental income increase by 2.9 percent in the first half of the abbreviated 2016 financial year, totaling EUR 22.9 million, according to company data. This represents a 14.9 percent share of the group’s total rental income, according to company data.

Papalekas starts cashing out from rents, following real estate investments of hundreds millions Euros

The results of the real estate acquisitions flow of the Greek businessman Ioannis Papalekas in Romania started to show. The operational revenue of Globalworth, its real estate vehicle (the businessman owns 36.1 pct of it), went up to EUR 33.8 million in the end of September, growing with 68 pct. compared to the same period of last year.

Israeli real estate developer increases revenues in Romania

Israeli real estate developer AFI Europe recorded a net operating income of EUR 22.2 million in Romania in the first six months of the year, up 13.1% over the same period in 2015.

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