Detail akcie Accentro RealEs Br online

Business Summary: Accentro Real Estate AG is a Germany-based holding company active in the real estate sector. The Company manages and sells residential properties and privatizations of residential properties. Its activities include the acquisition, modernization, and sale of residential properties. The Company operations are divided into two segments: Trade, which comprises buying and selling of residential properties and individual apartments, especially retailing of apartments to owner occupiers and investors within the framework or retail privatizations of housing portfolios; and Portfolio, in which the Company takes advantage of its acquisition network to identify housing portfolios with high value-added potential, and exploits its management know-how to raise potential and to ensure cash-flows from the management of the acquired portfolios.
Financial Summary: BRIEF: For the nine months ended 30 September 2023, Accentro Real Estate AG revenues decreased 61% to EUR56.6M. Net loss applicable to common stockholders increased from EUR7.1M to EUR47.8M. Revenues reflect Revenue Sales of Goods & Services decrease of 67% to EUR42.6M, Revenues from Services decrease of 73% to EUR305K. Higher net loss reflects Bad Debt Written Off/Provision increase from EUR4.1M to EUR14.6M (expense).