The positive revaluations were close to zero in both French and Italian Offices, once the pipeline’s contribution is excluded. The good news was… Berlin and its 9% value growth in H1 19 vs. December 2018, thanks both healthy lfl growth and very strong additional yield compression. However, the full impact of the rent-freeze policy is not included at all. The next imprtant date being February 2020 (FY 19 figures), the market will keep in mind today’s good news for a while.
24 Jul 2019
Further strong positive revaluations in Berlin in H1 19
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Further strong positive revaluations in Berlin in H1 19
Covivio SA (COV:PAR) | 0 0 2.3% | Mkt Cap: 6,604m
- Published:
24 Jul 2019 -
Author:
Christian Auzanneau -
Pages:
5
The positive revaluations were close to zero in both French and Italian Offices, once the pipeline’s contribution is excluded. The good news was… Berlin and its 9% value growth in H1 19 vs. December 2018, thanks both healthy lfl growth and very strong additional yield compression. However, the full impact of the rent-freeze policy is not included at all. The next imprtant date being February 2020 (FY 19 figures), the market will keep in mind today’s good news for a while.