Zublin Immobiliere France announced consolidated earnings results for the half year ended September 30, 2015. For the period, the company announced net rental income of EUR 0.6 million compared to EUR 2.9 million for the same period a year ago. Net operating loss was EUR 1.8 million compared to EUR 55.4 million for the same period a year ago.

Net consolidated loss was EUR 14.0 million compared to EUR 61.6 million for the same period a year ago. Operating cash flow used per share, fully diluted was EUR 0.79 compared to EUR 1.06 for the same period a year ago. EPRA NAV (fully diluted) was EUR 0.83 compared to EUR 0.82 for the same period a year ago.

The gross rental income booked as at September 30, 2015 was EUR 2.7 million compared to EUR 3.6 million as at September 30, 2014. This decrease is due to the sale of the building Chaganne in October 2014. On a like for like basis, rents were stable.