REIC
Rental income amounted to € 5,9 million compared to € 4,4 million in the corresponding period last year, marking an increase of 34%.
The total surface area is 54,000 sq.m. with total leasable area of 18,500 sq.m. on a land plot of 10,600 sq.m.
While the S&P 500 slid 21% year to date, REITs plunged 30%, per the MSCI US REIT Index. CNBC reports
The total portfolio developed and managed by the Group consisted of 18 investment projects in various stages of completion.
The Group's portfolio increased in value to € 130,7 million compared to € 122,0 million on 31.12.2021.