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GSEFF (Covivio) Receipts from Government Grants


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What is Covivio Receipts from Government Grants?

Receipts from Government Grants only applicable to companies reporting Cash Flow from Operations in direct method.


Covivio Business Description

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GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Covivio SA (OTCPK:GSEFF) » Definitions » Receipts from Government Grants
Address
18 Avenue Francois Mitterrand, Metz, FRA, 57000
Covivio SA is a French real estate investment trust involved in the ownership of properties mainly in France, Italy, and Germany. The majority of the properties in the company's real estate portfolio are office buildings located in Paris and Milan. German residential properties also represent a significant percentage of its total assets. Fonciere des Regions derives nearly all of its revenue in the form of rental income from the ownership and maintenance of its portfolio of properties. French offices generate the majority revenue for the company, while Italian office buildings and German residential buildings in Berlin, Hamburg, and Dresden also contribute sizable income streams.