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CA Immo: Mixed Results
Consolidated net income after minorities increased by 27% to € 39.0 m in the first nine months of 2012. EBIT was down by 11.8%.
CA Immo: Mixed Results / Picture: © Vindobona.org
Compared to the same period last year, rental income increased by 9.5% to € 212.2 m. The increase in rent was mainly the result of development projects completed in Germany. The result from renting attributable to letting activities after the deduction of direct management costs rose from €164.2 m to € 187.1 m. In addition to the absolute increase, the margin (result from renting…
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