Reuters logo
BRIEF-GXP German Properties achieves adj result of more than 7 mln euros in 2016
March 31, 2017 / 7:33 AM / in 7 months

BRIEF-GXP German Properties achieves adj result of more than 7 mln euros in 2016

March 31 (Reuters) - GXP German Properties AG:

* Including valuation gains from portfolio (lucky-buy) group achieved an adjusted result of more than 7 million euros in 2016

* Current real estate portfolio is generating annualised rental income of around 7.5 million euros, which corresponds to a net initial rental yield of over 7.0 per cent

* Company expects an annualised FFO I of approximately 3.5 million euros from high-yielding portfolio Source text for Eikon: Further company coverage: (Gdynia Newsroom)

Our Standards:The Thomson Reuters Trust Principles.
0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below