Plaza Centers NV 2012 AR2
The report highlights Plaza Centers' operational and financial performance for the fiscal year 2012. The company completed and opened its first shopping centers in Serbia (Kragujevac Plaza) and India (Koregaon Park Plaza), and completed the sale of its 49 US-based assets for US$1.47 billion. Despite these operational milestones, the company recorded a loss after tax of ‒85.9 million, primarily due to non-cash impairments of ‒79 million on its landbank assets in Romania and Hungary. Plaza Centers also reduced its gearing from 59% to 53% through debt repayment.
Company: Plaza Centers NV
Sector: Real Estate
Country: Netherlands
Year: 2012
Type: AR2
Pages: 138
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Plaza Centers NV
Annual Report
The report highlights Plaza Centers' operational and financial performance for the fiscal year 2012. The company completed and opened its first shopping centers in Serbia (Kragujevac Plaza) and India (Koregaon Park Plaza), and completed the sale of its 49 US-based assets for US$1.47 billion. Despite these operational milestones, the company recorded a loss after tax of ‒85.9 million, primarily due to non-cash impairments of ‒79 million on its landbank assets in Romania and Hungary. Plaza Centers also reduced its gearing from 59% to 53% through debt repayment.
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Document Details
Report Year
2012
Reporting Period
Jan 1, 2012 - Dec 31, 2012
Fiscal Year
2012
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Materiality Assessment
Assurance
Assurance Provider
Assurance Standard
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Women on Board
Employees