{"id":957,"date":"2014-11-13T07:30:00","date_gmt":"2014-11-13T07:30:00","guid":{"rendered":"https:\/\/vitura.fr\/press\/third-quarter-2014-ifrs-turnover-12\/"},"modified":"2021-06-14T05:55:14","modified_gmt":"2021-06-14T03:55:14","slug":"third-quarter-2014-ifrs-turnover-12","status":"publish","type":"post","link":"https:\/\/vitura.fr\/en\/press\/third-quarter-2014-ifrs-turnover-12\/","title":{"rendered":"THIRD-QUARTER 2014 \u2212 IFRS TURNOVER UP 12%"},"content":{"rendered":"

Growth in IFRS turnover and rental income <\/h2>\n

IFRS turnover for the first nine months of 2014 amounted to \u20ac44.2 million, an increase of 9% compared with the year-earlier period. Third-quarter IFRS turnover came to \u20ac15.0 million, up 12% year-on-year.<\/p>\n\n\n\n\n\n\n\n\n
In thousands of euros, excluding tax<\/th>\nQ3
2014<\/th>\n		Q3
2013<\/th>\n		%<\/th>\nNine months
2014<\/th>\n		Nine months
2013<\/th>\n		%<\/th>\n<\/tr>\n<\/thead>\n
Rental income<\/td>\n11,489<\/td>\n10,646<\/td>\n8%<\/td>\n34,113<\/td>\n32,355<\/td>\n5%<\/td>\n<\/tr>\n
Income from other services<\/td>\n3,509<\/td>\n2,798<\/td>\n25%<\/td>\n10,067<\/td>\n8,137<\/td>\n24%<\/td>\n<\/tr>\n<\/tbody>\n
IFRS turnover<\/td>\n14,998<\/td>\n13,444<\/td>\n12%<\/td>\n44,179<\/td>\n40,491<\/td>\n9%<\/td>\n<\/tr>\n<\/tfoot>\n<\/table>\n

Interim dividend <\/h2>\n

Cegereal confirms that an interim dividend of \u20ac0.75 per share will be paid on December 29, 2014, subject to the Board of Directors\u2019 approval.<\/p>\n

Europlaza\u2019s transformation into a Garden Tower gets underway<\/h2>\n

With its unique Garden Tower project in the heart of La D\u00e9fense, Cegereal is reinventing the relationship between green spaces and office buildings by offering Europlaza users, as from spring 2015, an exceptional outdoor space and fully remodeled ground-floor common areas. Europlaza will give tenants and their visitors the opportunity to enjoy a more than 3,000-sq.m private garden, as well as two internal gardens, all designed by architect Juan Trindade. Enjoying a prime location, the Europlaza complex is steps away from shops and borders the new walkway that runs between the Coupole and Charras shopping centers.<\/p>\n

Sustained rental business despite a flat third quarter <\/h2>\n

Growth in rental income remained strong due to new leases signed since the beginning of the year and leases signed in the previous year that gradually came into effect during the period.
Heinz France moved into the Europlaza complex in August and NTT Europe renewed its lease for nearly 1,300 sq.m of space, raising the property\u2019s occupancy rate to almost 93%.
Huawei leased an additional 1,432 sq.m of space in the Arcs de Seine building, increasing to 5,200 sq.m the total surface area occupied by this fast-growing tenant. At September 30, the Arcs de Seine occupancy rate stood at 87%, versus 81% at December 31, 2013.<\/p>\n

Cegereal\u2019s overall occupancy rate at end-September 2014 came to 92.4%. <\/p>\n

Go Green program<\/h2>\n

Cegereal is currently in the final stages of its Go Green project to become a fully \u201dgreen\u201d property company by the end of 2014. It was recently ranked as Green Star, the highest category in the Global Real Estate Sustainability Benchmark (GRESB).<\/p>\n

________________________________<\/p>\n

 <\/p>\n

About Cegereal<\/strong><\/p>\n

Listed on Euronext Paris since 2006, in compartment B, Cegereal invests in modern office properties located on the outskirts of Paris that offer very high quality amenities and environmental performance. The portfolio\u2019s appraisal value, as estimated by independent valuers DTZ Eurexi as of December 31, 2013, is \u20ac900 million (replacement value). The Company had a market capitalization of \u20ac360 million as of November 7, 2014.<\/p>\n

www.cegereal.com <\/a><\/p>\n

 <\/p>\n

Upcoming events<\/strong><\/span><\/p>\n\n\n\n\n
–  November 21-22, 2014    <\/td>\nMeeting with retail investors at the Salon Actionaria investor fair at the Palais des Congr\u00e8s Convention Center, Paris<\/td>\n<\/tr>\n
–  February 13, 2015    <\/td>\n2014 annual results (before start of trading)<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

 <\/p>\n

For more information, contact:<\/p>\n

Investor Relations
<\/strong>Rapha\u00ebl Tr\u00e9guier
+33 1 42 25 76 36
raphael.treguier@cegereal.com <\/a><\/p>\n

Media Relations 
<\/strong>Ali\u00e9nor Miens
+33 1 53 32 84 77
alienor.miens@citigate.fr<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Growth in IFRS turnover and rental income  IFRS turnover for the first nine months of 2014 amounted to \u20ac44.2 million, an increase of 9% compared with the year-earlier period. Third-quarter IFRS turnover came to \u20ac15.0 million, up 12% year-on-year. In thousands of euros, excluding tax Q32014 Q32013 % Nine months2014 Nine months2013 % Rental income … <\/p>\n

Continue reading “THIRD-QUARTER 2014 \u2212 IFRS TURNOVER UP 12%”<\/span><\/a><\/p>\n","protected":false},"author":6,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-957","post","type-post","status-publish","format-standard","hentry","category-press"],"acf":[],"yoast_head":"\nTHIRD-QUARTER 2014 \u2212 IFRS TURNOVER UP 12% - VITURA<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/vitura.fr\/en\/press\/third-quarter-2014-ifrs-turnover-12\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"THIRD-QUARTER 2014 \u2212 IFRS TURNOVER UP 12% - VITURA\" \/>\n<meta property=\"og:description\" content=\"Growth in IFRS turnover and rental income  IFRS turnover for the first nine months of 2014 amounted to \u20ac44.2 million, an increase of 9% compared with the year-earlier period. 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