PLAZA RETAIL REIT

Plaza Retail REIT reported Q1 net operating income up 2.5% to CAD 18.8 million and FFO up 11.7% to CAD 10.9 million, with committed occupancy at 97.5% and open-air centers near 99% occupied. Management highlighted negotiated leasing spreads of 13.4% and new leasing spreads of 76.1%, indicating meaningful mark-to-market rent upside, and expects continued same-property NOI growth driven by lease renewals and optimization projects. Balance sheet metrics improved as debt-to-assets fell to 49.5% and net debt-to-adjusted EBITDA eased to 8.8x, and higher-cost debentures were refinanced with lower-rate mortgages to reduce interest expense. » Więcej na finance.yahoo.com

Plaza Centers N.V. reduced its loss to €3.5 million in the first half of 2025 and improved its operating result to break-even, while consolidated liquidity fell to around €2.2 million. The company also reported the conclusion of a tax investigation in India with no liabilities, the receipt of about €0.3 million from a settlement agreement, and that it continues an arbitration against Romania over the "Casa Radio" project, with a decision expected by the end of 2025. » Więcej na de.investing.com