Züblin Immobilière France today announces its unaudited preliminary financials for the first half of its 2011/2012 Financial Year. Consolidated sales for the six-month period ending 30 September 2011 reached €11.9m, of which gross rental income amounted to €10.9m.
The Company expects:
- Gross open value of the portfolio of €331m, with a physical vacancy rate of the operating investment properties of 8.4%;
- Fully diluted EPRA[2] Net Asset Value per share of €8.62;
- Fully diluted operating cash flow per share for the six months of €0.31.
All financial information included in this press release is unaudited and has not yet been approved by the Board of Directors.
Sales by quarter