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Articles - Financial results

Real estate consultants registered growth in 2014: CBRE, the best evolution

The real estate consultancy market was positive last year, but some players registered huge growths. Take a look at the top of consultants with largest advances in 2014.

Software and IT services companies post EUR 2.42 bln revenues in 2014

Romania’s software and IT services industry registered last year EUR 2.42 billion in revenues, up 13 percent compared to the previous year, according to the findings of the “Software and IT Services in Romania”, report released on Wednesday by the ANIS Employers’ Association of the Software and Services Industry.

AFI Europe Romania operating income up 8.1 pct in Q1

AFI Europe Romania announced on Wednesday the financial results for Q1, period which generated a net operating income of nearly EUR 9 million, representing an 8.1 percent increase compared to Q1 2014. The increase was driven mostly by the two new office buildings AFI Park 2 and AFI Park 3.

Austrian CA Immo cashes in EUR 33 mln in rents in Romania

Austrian real estate investor CA Immo posted last year a rental income of almost EUR 33 million in Romania, up 10% over 2013, the investor announced in its most recent financial report.

Immofinanz sees rents down but doubles operating profit in Romania

Austrian real estate group Immofinanz posted a EUR 35.2 million rental income in Romania in the first nine months of the financial year 2014-2015, down 2.7% year-on-year.

Global ultra-wealthy population up 3% in 2014

According to the most prestigious survey on global private wealth, THE WEALTH REPORT, the number of Ultra High Net Worth Individuals (UHNWIs) increased, announces The Advisers/Knight Frank following the launching of the report’s results within the International Conference MIPIM 2015 that took place last week at Cannes.

Bucharest retail center sees 9.5% revenue drop

The Bucharest-based retail center Militari Shopping Center recorded last year a 9.5% drop in revenues, down to EUR 5.8 million.

AFI Palace Cotroceni posts EUR 30 mln operating income in 2014

AFI Palace Cotroceni shopping mall in Bucharest, AFI Properties’ largest and most important asset, ended 2014 with a total income of EUR 37.5 million out of which approximately EUR 30 million is the net operating income, which is up 4 percent against 2013.

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