Detail akcie BRANICKS GROUP AG online

Business Summary: BRANICKS Group AG, formerly DIC Asset AG is a Germany-based real estate holding Company, which focuses on investing in German commercial real estate. It expands its real estate assets through acquisition and project development. The Company divides its business processes into two main business segments: Commercial Portfolio and Co-Investments segment. The Commercial Portfolio's investment horizon varies from mid to long-term and includes direct real estate investments. The Co-Investment segment comprises the investments, including co-investments in special funds and joint venture investments. It operates the funds: DIC Office Balance I, an office property fund; DIC Office Balance II, an office property fund; and DIC HighStreet Balance, a retail property fund.
Financial Summary: BRIEF: For the nine months ended 30 September 2023, BRANICKS Group AG revenues decreased 2% to EUR201.2M. Net loss totaled EUR21.4M vs. income of EUR26.4M. Revenues reflect Commercial Portfolio segment decrease of 63% to EUR46M. Net loss reflects Carrying amount of investment property d increase from EUR35.1M to EUR463.5M (expense). Basic Earnings per Share excluding Extraordinary Items decreased from EUR0.32 to -EUR0.26.