PAREF consolidates its turnover backed by its diversified activities finanznachrichten.de - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from finanznachrichten.de Daily Mail and Mail on Sunday newspapers.
Consolidated turnover of €33.8m, driven by higher rental income and management commissions Net rental income amounted €8.8m in 2023, an increase of 31% compared to December 31,.
A first successful step of the transformation plan contributing to historically high dividends At group level, assets under management increased by 13% to reach approximately €2.7bn €196m of owned
PAREF: FULL YEAR RESULTS AS AT DECEMBER 31, 2020
At group level, assets under management increased by 9% to reach approximately €2.4bn
€196m of owned assets (
€2,187m managed on behalf of institutional and retail investors mainly through SCPI
1 and OPPCI
Solid financial indicators
EPRA Net recurring results per share increased by 8% at €5.40 (€5.02 as at December 31, 2019)
EPRA Net Reinstatement Value (NRV)
increased by 6% at €125.1 per share (€117.9 per share as at December 31, 2019)
Loan to Value (LTV
Substantial
€42m (including an undrawn committed credit line)
The Management Board of PAREF, during the meeting held on February 18, 2021, approved the closing of the annual statutory and consolidated accounts as at December 31, 2020. The review of the results by our auditors is in progress.