Plaza Centers NV 2013 AR2
The report details Plaza Centers' operational and financial performance for the fiscal year 2013, highlighting its ongoing debt restructuring process initiated in November 2013. Despite challenging market conditions, the company achieved significant operational improvements, increasing its overall portfolio occupancy rate from 89% in 2012 to 93% in 2013. Plaza Centers successfully raised ——61 million through the disposal of five non-core assets and the dissolution of its US holding entity. However, due to non-cash impairment charges of ——186 million on trading properties and equity-accounted investees, the company recorded a loss of ——218 million for the year.
Company: Plaza Centers NV
Sector: Real Estate
Country: Netherlands
Year: 2013
Type: AR2
Pages: 160
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Plaza Centers NV
Annual Report
The report details Plaza Centers' operational and financial performance for the fiscal year 2013, highlighting its ongoing debt restructuring process initiated in November 2013. Despite challenging market conditions, the company achieved significant operational improvements, increasing its overall portfolio occupancy rate from 89% in 2012 to 93% in 2013. Plaza Centers successfully raised ——61 million through the disposal of five non-core assets and the dissolution of its US holding entity. However, due to non-cash impairment charges of ——186 million on trading properties and equity-accounted investees, the company recorded a loss of ——218 million for the year.
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Document Details
Report Year
2013
Reporting Period
Jan 1, 2013 - Dec 31, 2013
Fiscal Year
2013
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Materiality Assessment
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Employees