Detail akcie Arcona Property Fund N.V. online

Business Summary: Arcona Property Fund NV, formerly Capital Emerging Europe Property Fund NV (PCEEPF), is a closed-end investment fund based in the Netherlands. The Company invests in commercial properties on emerging real estate markets in northern and central Europe, and focuses on adding value to real estate investment opportunities and development. Its service portfolio comprises fund management, including the coordination of fund conception, fund raising (both debt and equity), initial investment programs, asset management processes, fund administration and disinvestment, investment management, including strategic asset allocation advice, asset sourcing and selection, acquisition underwriting and negotiation support, among others, asset management, and development management, such as design, permitting and tendering, construction and contractor supervision, sales and marketing, among others. The Company operates through offices in Munich, Deventer, Prague and Warsaw.
Financial Summary: BRIEF: For the six months ended 30 June 2023, Arcona Property Fund NV revenues increased from -EUR470K to EUR2.3M. Net loss decreased 98% to EUR61K. Revenues reflect Valuation results of properties increase from -EUR1.9M to EUR1.8M, Results on disposals of properties increase from -EUR29K to EUR285K, Gross rental income increase of 11% to EUR3.3M. Lower net loss reflects Other operating expenses decrease of 23% to EUR469K (expense).