Brief: Branicks Q1 Assets Under Management Of EUR 13.1 Bln

BRANICKS AG

16/05/2024 06:04

May 16 (Reuters) - BRANICKS GROUP AG  BRNKn.DE :
    * GROUP CONFIRMS OUTLOOK FOR 2024 AFTER GOOD START TO THE
YEAR
    * ANNUAL FORECAST FOR 2024 CONFIRMED
    * Q1 RENTAL GROWTH LIKE FOR LIKE AT 4.6%
    * Q1 TOTAL PORTFOLIO AMOUNTED TO EUR 13.1 BILLION IN ASSETS
UNDER
MANAGEMENT AS AT BALANCE SHEET DATE OF MARCH 31, 2024
    * Q1 FFO (FUNDS FROM OPERATIONS) AFTER MINORITY INTERESTS OF
EUR
9.0 MILLION (PREVIOUS YEAR: EUR 12.9 MILLION)
    * Q1 GROSS RENTAL INCOME FELL YEAR-ON-YEAR TO EUR 44.4
MILLION
(PREVIOUS YEAR: EUR 50.4 MILLION) DUE TO SALES
    * Q1 NET INTEREST INCOME AMOUNTED TO EUR -24.0 MILLION
(PREVIOUS
YEAR: EUR -26.0 MILLION)

Source text for Eikon:  ID:nEQ8hMRxNa 
Further company coverage:  BRNKn.DE 

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