Aroundtown SA logged net profit of €1.1 billion for the first nine months of 2017, an increase of 51% year over year.
The operational profits jumped 44%, with funds from operations I of €204 million. Including the annualized effect of the portfolio held at September-end and with purchases after the reporting period, FFO I rose further to €339 million on a monthly annualized basis as of December.
On a per-share basis, FFO I came to 26 euro cents, representing a 44% year-over-year increase.
In addition, the company was able to notch rental and operating income of €374 million during the period, an increase of €183 million year over year.
