Aug 10, 2022 / 07:30AM GMT
Remon Vos - CTP N.V. - CEO
Good day from CTP here in Prague. Together with Richard Wilkinson, my name is Remon Vos. And I am happy to share with you the results from 2022, the first six months. We've been busy, and I can report to you that the first six months have been extremely good.
We have seen a fantastic rental income with high occupancy at around 95%. We've seen rental growth, 4.3%, like for like. And the numbers will be presented to you in more detail by Richard Wilkinson. But in terms of rental income per year, we are now looking at EUR538 million of rent for a 12-month term.
In particular, in the Czech Republic, we see high occupancy, 98%. Throughout the portfolio, it is currently 95%. So we continue to see strong demand, and this is why we have 1.4 million square meters of properties under construction. Most of those buildings are being built for existing tenants, mostly within existing business parts.
And we do that as a good tradition at CTP within 10 years back, and that's what we say. That means 10% yield on cost.
And then again, has been, as always, a
Q2 2022 Ctp NV Earnings Call Transcript
Aug 10, 2022
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