Investor Presentaiton
B. Preliminary Group Financial Results - Underlying Basis (continued)
B.2. Balance Sheet Analysis (continued)
B.2.6 Real Estate Management Unit (REMU) (continued)
Assets held by REMU
Assets held by REMU (Group)
€ mn
Opening balance
On-boarded assets
Sales
Net impairment loss
Transfer to non-current assets and disposal groups
held for sale
Closing balance
FY2022
FY2021 4Q2022 3Q2022
god +%
yoy +%
1,215
1,4731
1,161
1,146
1%
-17%
86
34
2
58
-96%
150%
(162)
(140)²
(37)
(38)
0%
17%
(23)
(50)
(10)
(5)
82%
-54%
(102)
-100%
1,116
1,215
1,116
1,161
-4%
-8%
1. Following certain segmental reclassifications to better align with current management information, investment properties of €16 mn relating to land,
were transferred under REMU.
2. Sales in FY2021 have been adjusted to include properties of €5 mn relating to Project Helix 2 that had been transferred to non-current assets and
disposal groups held for sale in 1Q2021.
Analysis by type and country
Cyprus
Greece
Romania
Total
31 December 2022 (€ mn)
Residential properties
69
21
0
90
Offices and other commercial properties
180
14
0
194
Manufacturing and industrial properties
48
19
0
67
Hotels
24
0
0
24
Land (fields and plots)
502
4
0
506
Golf courses and golf-related property
235
0
0
235
Total
1,058
58
0
1,116
Cyprus
Greece
Romania
Total
31 December 2021 (€ mn)
Residential properties
Offices and other commercial properties
Manufacturing and industrial properties
208
Hotels
སྐྱ * ས
54
222
23
0
105
23
0
231
24
0
78
25
Land (fields and plots)
524
Golf courses and golf-related property
246
Total
1,139
75
1515
25
1
530
246
1
1,215
17View entire presentation