![]() In the case of some tenants, it may arise that they require a smaller area in order to reduce their costs, which trend may be further enhanced by the expected oversupply in the office market. Although the first quarter result is outstanding, risk factors that may affect the Company in the rest of the year must be considered. To a lesser extent, but also contributing to the favorable result is the better-than-planned development of operating costs in the first quarter, as some service fees and one-off items planned for 2023 have not yet arisen in the current period.ĭespite the better-than-expected results, taking into account the experiences of the first quarter and the market trends, the Company continues to maintain its previous forecast for the year 2023: with sales of 16.3 million euros, we expect a pro forma net result of 6.3 million euros. In addition, the interest income recognized on free forint funds and the exchange rate difference accounted due to the strengthening of the forint in the current period, also have a significant impact on profit. The result, which surpasses the previous ones, is due to the increased indexation of the rental fees, as well as the still high occupancy rate of 97%, which exceeds the Budapest average. higher than the same period of the previous year and is also more favorable than the previously published forecast for 2023.The pro forma net result of 2.05 million euro in the first quarter of 2023 is significantly - by 640 thousand euro ![]()
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