Banimmo : Consolidated earnings at 31 December 2015


Operating result stands at € 4.5 million.

Adjustment of the accounting values resulting in a net loss of € 33.2 million (in particular € 22.4 million value reduction for a part of the mezzanine debt granted to Urbanove).

Important operational activity throughout the bookyear:

  • Disposal of 4 buildings for a total value of €78 million.
     
  • Signature of an undertaking to purchase a retail complex in Anglet (France, 5,100 sqm).
     
  • Delivery of 2 office buildings in Belgium (Veridis: 6,500 sqm and Deloitte: 7,300 sqm) and of Halle Secrétan (4,200 sqm) in Paris.
     
  • Extensive renovation works at Marché Saint-Germain (4,600 sqm) in Paris (6th)fully let and to be delivered in the first half of 2016.

 Adjusted Net Asset Value stands at 11.2 € per share.


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Attachments

Consolidated annual results 31 December 2015
GlobeNewswire