Compared with the end of 2015, the profit attributable to shareholders fell 58%.
The company’s turnover rose 42% to EUR93 million. The company said the turnover is included in the category of rental income and other operating income. Data are in accordance with IFRS standards.
“Recurring distributable earnings per share for the year 2016 are expected to be approximately 15% higher compared to 2015, in line with the guidance issued on 9 February 2016. This guidance is based on the assumptions that a stable macroeconomic environment prevails, no major corporate failures occur, planned developments remain on schedule, and is sensitive to the impact of acquisitions currently in the pipeline,” NEPI said in a report Wednesday.
NEPI raised EUR195 million issuing new ordinary shares in 2016, of which EUR156 million was raised in the accelerated book build which closed on 13 July 2016. NEPI repaid the Floreasca Business Park loan (EUR46 million) and obtained additional bank financing for Aupark Kosice (EUR25 million), and for The Office, Cluj-Napoca (EUR8.5 million), according to the report.