The earnings are “pro forma” which show profit and loss according to the cost model and serve as the basis for Graphisoft Park’s dividend, news agency MTI notes. As the local form of a real estate investment trust (Reit), the company pays 90% of its pro forma earnings as dividend.
Rental revenue edged up 3% to EUR 8,680,000.
The occupancy rate at the park was “stable” at around 95%.
Graphisoft Park raised guidance for full-year revenue by EUR 300,000 to EUR 16,900,000.
The estimated fair value of Graphisoft Park’s real estate portfolio stood at EUR 226,041,000 at the end of June.