Feb 23, 2022 / 09:00AM GMT
Christophe Kullmann - Covivio - CEO & Director
Welcome to Covivio Full Year 2021 Results. I'm very happy to be with all of you today. Today, we will have a look to the very good 2021 operational performance first with an acceleration on all our activities. Afterwards I will stress the financial results and then see that Covivio continues to improve on the ESG side. Finally, we will see what are our levers to continue this growth trend.
So first, I will do an introduction. Today, Covivio owns an EUR 18 billion portfolio in group share, EUR 27 billion in total. That's an increase of EUR 1 billion compared to 1 year ago. Over the last year, we increased our portfolio value and quality, while reducing our leverage. In 2021, we also reinforced our footprint in Germany through mainly residential activity.
In each of our markets, the situation has strongly improved since last year and offers better visibility to our growth. First, in the office sector, the recovery of the take-up started, and the polarization between central location and secondary location has continued, leading to an
Full Year 2021 Covivio SA Earnings Call Transcript
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