Next Re SIIQ S.p.A.

NR

IT0005330516

Commercial REITs

Market Closed - Borsa Italiana Other stock markets 16:44:59 10/05/2024 BST			5-day change	1st Jan Change
3.1 ^EUR	0.00%		-0.64%	-3.73%

04-24	Next Re closes first quarter in profit; Ebitda also improves	AN
04-23	Next Re, okay from shareholders to buyback plan and capital increase	AN

Next Re closes first quarter in profit; Ebitda also improves

April 24, 2024 at 05:12 pm

(Alliance News) - Next Re SIIQ Spa reported that it closed the first quarter with a profit of EUR300,000, improving a loss of EUR2.9 million as of March 31, 2024.

Ebitda in the period stood at EUR600,000 from a negative EUR2.5 million in 2023.

Total financial debt was EUR57 million as of March 31 from EUR57.1 million as of December 31, 2023.

Net Loan to Value is 44%, unchanged from December 31, 2023.

Net Operating Income is EUR1.3 million and includes rental income of EUR1.7 million and costs related to real estate assets of EUR400,000.

The value of investment property is EUR130.1 million and unchanged from December 31, 2023.

Next Re on Wednesday closed flat at EUR3.14 per share.

By Claudia Cavaliere, Alliance News reporter

Comments and questions to redazione@alliancenews.com

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Latest news about Next Re SIIQ S.p.A.

Next Re closes first quarter in profit; Ebitda also improves	04-24	AN
Next Re, okay from shareholders to buyback plan and capital increase	04-23	AN
Next Re SIIQ S.p.A. Reports Earnings Results for the Full Year Ended December 31, 2023	03-28	CI
Next Re closes 2023 at a loss, weighs asset value adjustment	03-12	AN
Luca Matrigiani joins the board of Garofalo Health Care	02-14	AN
Next Re SIIQ passes loss in 2023; Ebitda negative	02-06	AN
Next Re in nine months worsens loss; net loan to value rises	24/10/23	AN
NEXT RE SIIQ closes the first half of the year with a heavy loss	14/09/23	AN
Next Re SIIQ S.p.A. Reports Earnings Results for the Half Year Ended June 30, 2023	13/09/23	CI
Next Re closes first half year with loss; Ebitda also negative	27/07/23	AN
Gabetti on top; CIA bad	16/06/23	AN
Next Re chooses Francesco Rossi as new chief financial officer	13/06/23	AN
Europeans up; Mib at 26,700, oil well	29/05/23	AN
Europeans expected up after U.S. debt deal	29/05/23	AN
Eukedos the best; down Risanamento	26/05/23	AN
Mib down; STM leads list	26/05/23	AN
Next Re worsens loss in first quarter of the year	27/04/23	AN
Mib up; Italian business confidence rises	28/03/23	AN
Europeans on the upswing; well Gismondi after accounts	28/03/23	AN
Next Re closes 2022 with declining profit; rental income good	22/03/23	AN
Next Re SIIQ S.p.A. Reports Earnings Results for the Full Year Ended December 31, 2022	20/03/23	CI
World TV the best; Bioera on the bottom	03/03/23	AN
Next Re SIIQ closes 2022 with slightly declining profit	06/02/23	AN
Europeans expected up; manufacturing falls in Japan	04/01/23	AN
European stock markets up while U.S. suffers	03/01/23	AN

Next Re SIIQ SpA, formerly known as Nova Re Siiq SpA and as Nova Re SpA, is an Italy-based real estate investment company. The Company focuses on accommodating properties, such as hotels, residential healthcare facilities, student and senior housing. It owns and manages a portfolio of commercial and residential properties across the country, mainly located in Milan, Rome and Bari. The Company is active locally and is subsidiary of SORGENTE SGR SpA.

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Commercial REITs

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