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PAREF: Half-year Results 2021 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.
PAREF: FINANCIAL INFORMATION FIRST QUARTER 2021 Consolidated revenue of PAREF amounted €6.6m in Q1 2021, including: Gross rental income of €2.0m, a slight decrease mainly explained by the disposals completed in 2020, Management commissions of €2.5m, remaining stable compared to the same period in 2020, Subscription commissions of €2.1m, following the decision to suspend subscription of the SCPI Novapierre Allemagne 2 during the 1 st quarter of 2021. Except for Novapierre Allemagne 2, gross subscription from other products increased by 21% compared to the same period last year. Revenues (in €m) Main events of operational activities in Q1 2021: PAREF signed an agreement to sell an office asset located in Gentilly, for a completion of the sale in the 4 ....
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. ....