trending Market Intelligence /marketintelligence/en/news-insights/trending/f2y7uexe1UzG4Rp11Z7NDQ2 content esgSubNav
In This List

Covivio 9-month revenue rises 10.8% YOY

S&P Capital IQ Pro | Powered by Expert Insights

Blog

Enterprises are missing out on 24B by not optimizing cloud spending not going multicloud

Blog

Using Credit Analytics to Avoid Mispricing Insurance Premiums

Blog

Post-Webinar Q&A: Integrating Climate Risks into Credit Risk Portfolios


Covivio 9-month revenue rises 10.8% YOY

Covivio's revenue for the nine-month period ended Sept. 30 rose 10.8% year over year on a group-share basis to €511 million, due mainly to strong investment in 2018 and the company's merger with Beni Stabili.

On a like-for-like basis, revenue for the period was up 2.8%, exceeding the 2019 growth target of 2.5%.

Total rental income came to 723 million and 489 million on a group-share basis.

In France offices, rental income rose 3.2% at a like-for-like scope, compared with 2.8% growth in 2018, with the French real estate investment trust attributing the performance mainly to new leases in 2018, signed primarily in the first half.