ARTICLES LABELLED WITH TAG results

JSE listed Echo Polska Properties (EPP) released its interim results for the six-month period ended June 2017. During the period EPP successfully concluded €262 million in acquisitions, boosting the portfolio to €1.7 billion.

According to CEO Thomas Kurzmann the first half of 2017 was dedicated to advance planning and permitting on development pipeline projects as well as acquisition of enew office locations in the fastest growing office markets of Budapest, Bucharest and Sofia. GTC published its financial results for H1 2017.

BNP Paribas Real Estate generated revenues of €704 million in 2016 and announced a net profit of €155 million before tax. Nearly half (43%) of revenues came outside of France. 

TriGranit has started its first year backed with a new owner, TPG Real Estate. In Q1 2016, new leases and renewal agreements reached 25,777 sqm GLA, the average occupancy rate is over 95% in TriGranit managed assets and the company has 20,000 sqm GLA office development in progress. Due to the strong performance of the BPO sector in the region, the company plans further office developments in the near future in each of its core countries: Poland, Hungary and Slovakia.