Sponsored Content
BIG Raised Revenues and Profits
The publicly owned Austrian Federal Real Estate Company (BIG) raised its revenues by 3.3% to € 818.9m.
BIG Raised Revenues and Profits / Picture: © Vindobona.org
In 2011, BIG could record an increase of € 26.6m in rental income. In total, revenues were up by 3.3% to € 818.9m (after € 792.3m). EBIT was up by € 50.8m to € 221.3m (+29.8%). Pre-tax profits reached € 84.7m, which is a rise by € 45.2m or 114.4%.
BIG operates public real estate objects with a space of 7.0 million square meters. In 2011, properties worth € 26.1m…
or Log In
Fast News Search