Report
Krisztian Karikas

Shopper Park Plus - Encouraging Results In Q4, Looking Optimistic For Next Year

Shopper Park Plus has reported its Q4 and FY figures on Friday, AMC. Results came
in strong, though somewhat below our expectations for the full year. The miss was
mainly related to one-off expenses for the Hungarian portfolio which should
disappear in Q1. The underlying developments are encouraging, showcased by the
above CPI level growth in rental income and improved occupancy rates across the
portfolio.
Underlying
SHOPPER PARK PLUS ZRT

Provider
Concorde Securities
Concorde Securities

Concorde Securities Ltd. is Hungary’s leading independent company engaged in investment banking activities. It provides its clients with integrated financial services, including securities trading, research, corporate financing advisory, capital market transactions, wealth management and investment advisory. The operational management of the company is the responsibility of the CEO, while the owners/managers (who control one-third of the company through their shares and options) are in charge of its strategic governance. Concorde Securities Ltd. is a member of the Budapest, Frankfurt, Warsaw and Bucharest stock exchanges, as well as of the Hungarian Association of Investment Service Providers.

Analysts
Krisztian Karikas

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