May 22, 2019 / 09:00AM GMT
Operator
Dear ladies and gentlemen, welcome to the conference call of ADO Properties. At our customer's request, this conference will be recorded. (Operator Instructions)
May I now hand you over to Rabin Savion, CEO, who will start the meeting today? Please go ahead.
Rabin Savion - ADO Properties S.A. - CEO & Director
Thank you, Orelia. Good morning, everyone. I'm Rabin Savion, and I want to welcome you to our Q1 2019 update call. With me as usual is the rest of the senior management team, Eyal Horn and Florian Goldgruber.
The biggest news in our sector in the last couple of weeks was probably the release of the 2019 Mietspiegel. As expected, this release has again shown a figure that has nothing to do with the market reality. The official figures show an increase of 5.2% compared to the last Mietspiegel 2 years ago or roughly 2.6% per annum. Looking at our portfolio for comparison purposes, we have seen an increase of the in-place rent by 5% per annum from 2016 to 2018. This might sound a lot but while looking at the average new letting rent to
Q1 2019 ADO Properties SA Earnings Call Transcript
Mar 01, 2024
Already have an account? Log in
Get the full story
| Access to All Earning Calls and Stock Analysis | |
| 30-Year Financial on one screen | |
| All-in-one Stock Screener with unlimited filters | |
| Customizable Stock Dashboard | |
| Real Time Insider Trading Transactions | |
| 8,000+ Institutional investors’ 13F holdings | |
| Powerful Excel Add-in and Google sheets Add-on | |
| All data downloadable | |
| Quick customer support | |
| And much more... |
30-Day 100% money back guarantee
You are not charged until the trial ends. Subscription fee may be tax deductible.
Excellent 
4.6 out of 5 
Trustpilot
Trustpilot
Survey
We'd love to learn more about your experiences on GuruFocus.com and how we can improve!
Take Survey
Follow Us
Disclaimers