01.06.2025
CPI Europe: Real estate company CPI Europe started the 2025 financial year with solid performance and rental income amounted to €139.0 million in the first quarter 2025. The year-on-year decline in rental income is, however, attributable to property sales in the 2024 financial year. The results of asset management were also slightly below the previous year with a decline of 2.9% to €116.5 million. The results of operations improved by 1.4% to €105.7 million. FFO 1 after tax equalled €57.1 million in the first quarter of 2025 (Q1 2024: €69.7 million). Revaluations (including property development and property sales) totalled –€14.3 million, compared with –€9.9 million in first quarter of the previous year. CPI Europe generated net profit of €47.5 million in the first quarter of 2025.
CPI Europe AG: weekly performance: -0.78%
(From the 21st Austria weekly https://www.boerse-social.com/21staustria (29/05/2025)