PIE Events
- German Property Breakfast
14 February 2012
Stockholm
- Distressed Property Breakfast
22 February 2012
London
- Central and Eastern Europe Real Estate Conference
03-04 May 2012
Vienna, Austria
French REIT/SIIC Silic sees good nine months
French industrial park REIT/SIIC Silic, 43% controlled by the French mutual insurance and financial services company Groupama, reported a rise in nine-month rental income of 5.7% like-for-like to e126m, driven mainly by indexation and completion of new buildings. It said EBITDA grew at the same pace, thanks to continued control over costs. Based on this, Silic confirmed that growth in pre-tax ordinary cash-flow should be substantially higher in 2009 than in 2008.