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VBare Obtains a Profit of €1.2 Million During the 9 Months to September & Maintains its Occupancy Rate at a Maximum

Vbare's gross rental income rose by 7% during the first 9 months of 2022.

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On Friday, the Board of Directors of the Socimi Vbare Iberian Properties formulated the abbreviated consolidated interim financial statements corresponding to the 9-month period ended 30 September 2022, announcing a profit of 1.2 million euros (equivalent to 0.32 euros per share) mainly due to the revaluation of its portfolio, its high occupancy rate, and an increase in the rents agreed for its assets with respect to the same period a year earlier.

Specifically, as of 30 September, the company had a stabilised asset occupancy rate of 97.9%.

Read the full article in Spanish.


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