Secure Property Development & Investment PLC 2015 Annual Report
The report details the financial and operational performance of Secure Property Development & Investment PLC for the fiscal year 2015. During the period, the company expanded its regional footprint by acquiring three income-producing assets: the Autounion office building in Sofia, the Praktiker retail unit in Craiova, and a 24% stake in the Delea Nuova office building in Bucharest. These acquisitions helped increase the company's gross asset value by 50% to €117 million and grew rental income by 52% to €5.5 million. Despite economic challenges in Ukraine and Greece, the company achieved a threefold increase in operational EBITDA to €2.4 million.
Company: Secure Property Development & Investment PLC
Sector: Real estate
Country: Cyprus
Year: 2015
Type: Annual Report
Pages: 94
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Secure Property Development & Investment PLC
Annual Report
The report details the financial and operational performance of Secure Property Development & Investment PLC for the fiscal year 2015. During the period, the company expanded its regional footprint by acquiring three income-producing assets: the Autounion office building in Sofia, the Praktiker retail unit in Craiova, and a 24% stake in the Delea Nuova office building in Bucharest. These acquisitions helped increase the company's gross asset value by 50% to €117 million and grew rental income by 52% to €5.5 million. Despite economic challenges in Ukraine and Greece, the company achieved a threefold increase in operational EBITDA to €2.4 million.
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Document Details
Report Year
2015
Reporting Period
Jan 1, 2015 - Dec 31, 2015
Fiscal Year
2015
Type
Annual Report
Language
English
Pages
File Size
Standards & Assurance
No data available
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Employees