|Emitents||New Hanza Capital, AS (549300HG3YO0QBYPSM51)|
|Veids||2.2. Iekšējā informācija|
During the first nine months of 2018 New Hanza Capital, AS profit reached EUR 4.95 million whereas Group profit reached EUR 813 thousand, which is about 4 times higher than Group profit for the respective period in 2017.
Group financial results for the nine months of 2018:
The growth in Group revenue and gross profit during the reporting period resulted from Group investment property portfolio expansion, as well as planned rent indexation, which also lead to a 12% increase in the average monthly rent per square meter in the Group office spaces during the reporting period.
In spite of the increase in the total leasable are in the Group office segment caused by the Bērzaunes iela 7 office acquisition there was a 4% decrease in the total leased office area during the reporting period. This change stems from active property management works in the VEF territory offices.
New Hanza Capital Group investment property total leasable area amounts to 72 992 square meters, whereas property total occupancy amounts to 80%.
New Hanza Capital, AS is a company founded in 2006. New Hanza Capital, AS objective is to invest its own funds, as well as third party funds in commercial properties, sustainably increase rental income and promote long-term property value and capital growth. The Company’s real estate portfolio includes office buildings in the VEF neighbourhood, airBaltic central office at Riga International Airport, logistics centres in Riga and Ķekava Region and other objects. The total leasable area of the premises exceeds 70 000 m2.