(CercleFinance.com) – Cbo Territoria posted revenue of 33.3 million euros for the first six months of 2022, down 4.5%, growth of 6.3% in gross rental income more than offset by the 9.4% decline in development sales.
Gross rental income from the tertiary economic portfolio increased by 8.4%, of which +5.4% linked to the full-year effect of the Port retail park delivered in April 2021, and the rest to the impact of the indexing and dynamic commercial activity.
Revenue from residential development increased by 19.5%, driven by the sale of 55 building plots, the revenue of which more than doubled compared to the first half of 2021.