Detail akcie Coreo Br online

Business Summary: Coreo AG is a Germany-based investment company engaged in the real estate sector. The Company's investment strategy is focused on the acquisition and management of commercial real estate, in particular office and retail properties in Germany's business centers, with the goal of generating stable long-term rental income. In addition, the Company invests in residential properties in major German conurbations. The Company's commercial property portfolio consists of approximately 52.000 square meters of leasable space. The residential property portfolio totals approximately 20.000 square meters of leasable space. The Company can also hold non-strategic properties for resale.
Financial Summary: BRIEF: For the six months ended 30 June 2024, Coreo AG revenues increased from EUR3.7M to EUR9.4M. Net loss increased 22% to EUR2.1M. Revenues reflect Revenues from the sales of properties increase from EUR520K to EUR6.4M. Higher net loss reflects Sale of properties-value of properties increase from EUR520K to EUR6.7M (expense), Financial expenses increase of 24% to EUR1.8M (expense), Personnel costs increase of 34% to EUR862K (expense).