ECM losses continue in QIII

It won’t come as a surprise that ECM’s QIII results weren’t much to write home about. The developer has lost EUR 69.9m since January, while its net rental income has dropped 64% to EUR 4.2m (though we assume that asset sales are behind most of that). Over the past 12 months, the value of its assets has fallen 38% to EUR 211m. For highlights of ECM’s QIII, click here.

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s