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In This List

The Earnings Report — Europe


Corporate Credit Risk Trends in Developing Markets An Expected Credit Loss ECL Perspective


Highlighting the Top Regional Aftermarket Research Brokers by Sector Coverage


Corporate Credit Risk Trends in Developing Markets: A Loss Given Default (LGD) Perspective


Real Estate News & Analysis: May Edition

The Earnings Report — Europe

This roundup collects recently reported earnings and guidance from European real estate companies.

* Capital & Counties Properties Plc reported a loss attributable to owners of £400,000 for the 2017 full year, compared to a loss of £118.6 million in 2016. On a per-share basis, the loss came in at 0.1 pence, versus a loss of 14 pence in the previous year.

* Nexity booked a net profit attributable to equity holders of €185.6 million in 2017, up from €139.1 million in 2016. EPS rose to €3.35 from €2.54.

The S&P Capital IQ consensus Generally Accepted Accounting Principles EPS estimate for 2017 was €2.90.

* Unite Group Plc reported European Public Real Estate Association-defined earnings of £70.5 million for 2017, up 12% from £62.7 million a year earlier. EPRA EPS amounted to 30.3 pence, up 7% year over year from 28.4 pence.

* PATRIZIA Immobilien AG logged a 14% year-over-year rise in operating income for 2017 to €82 million from €72 million. The company expects the figure to inch up to between €85 million and €100 million in 2018.

* Green REIT Plc's EPRA earnings for the six-month period ended Dec. 31, 2017, rose 24.5% year over year to €22.1 million, or 3.2 cents per share, from €17.8 million, or 2.6 cents per share.

Additional coverage

AccorHotels' 2017 net profit surges 66.4% YOY

NEPI Rockcastle reports FY'17 loss

InterContinental FY'17 pretax profit climbs 14.7% YOY