Eurocommercial Properties Company profile
About Eurocommercial Properties NV
Eurocommercial Properties NV is a closed end property investment company based in the Netherlands. The Company invests, owns and manages retail real estate properties, primarily shopping centers, but also warehouses and office space. Its activities are focused on France, Sweden and Northern Italy, with property portfolio comprising more than 30 shopping centers. Eurocommercial Properties NV operates through a number of subsidiaries, such as Aktiebolaget Laholm Mellby 2:129, Aktiebolaget Norrkoping Silvret 1, Aktiebolaget Skovde K-mannen 2, Bergvik Kopet 3 Kommanditbolag, Betulla Srl, ECP Hogsbo AB, ECP Karlskrona AB, ECP Moraberg Holding AB, Eurocommercial Management Italia Srl, Eurocommercial Properties Ltd, Holgura BV and SAR Degeln AB, among others.
Financial summary
BRIEF: For the six months ended 30 September 2021, Eurocommercial Properties NV revenues increased 3% to EUR115.5M. Net income increased 64% to EUR70.4M. Revenues reflect Italy segment increase of 5% to EUR42.8M, Belgium segment increase of 6% to EUR12.9M. Net income benefited from Italy segment income increase from EUR10.1M to EUR34.2M, Sweden segment income increase from EUR4.7M to EUR20.2M.
Equity composition
11/2005, 5% stock dividend. 11/2008, Scrip Issue, 10 new shares for every 220 shares held. 6/2021, Scrip Issue, 1 new share for every 18 shares held (Factor: 1.05556).