Detail akcie Nanostart online

Business Summary: Coreo AG is a Germany-based investment company engaged in the real estate sector. The Company's investment strategy is focused on the acquisition and management of commercial real estate, in particular office and retail properties in Germany's business centers, with the goal of generating stable long-term rental income. In addition, the Company invests in residential properties in major German conurbations. The Company's commercial property portfolio consists of approximately 52.000 square meters of leasable space. The residential property portfolio totals approximately 20.000 square meters of leasable space. The Company can also hold non-strategic properties for resale.
Financial Summary: BRIEF: For the fiscal year ended 31 December 2023, Coreo AG revenues decreased 21% to EUR7M. Net loss increased from EUR1.9M to EUR10.4M. Revenues reflect Revenues from the sales of properties decrease of 82% to EUR520K. Higher net loss reflects FV Adjustments on Investment Property increase from EUR1.5M (income) to EUR7M (expense), Cost of materials increase of 32% to EUR5.1M (expense).