Coreo AG
CORE
ISIN DE000A0B9VV6 / Valor 2177103
Coreo AG
UMushroom community rating:
About company
Coreo AG, headquartered in Frankfurt am Main, is a real estate company focused on the acquisition, development, and management of residential properties, particularly those with significant potential for appreciation or requiring development. The company primarily targets investments in medium-sized centers with transaction volumes ranging from approximately 5 to 20 million euros. Coreo AG aims to build a high-yield, efficiently managed real estate portfolio, emphasizing the value-add sector. The firm's strategy involves a selective and expansive approach to real estate investments, concentrating on major conurbations in Germany and surrounding areas.
Summarized from source with an LLMView SourceSector: FinanceLatest Results (13.06.2024):
Q2 2021 Revenue Increase
Coreo AG reported a significant increase in revenue for the second quarter of 2021. The company's strategic acquisitions and effective asset management have contributed to this growth, reflecting a robust performance despite the ongoing market challenges.
Profit Growth in 2021
For the fiscal year 2021, Coreo AG has seen a notable rise in profits, driven by increased operational efficiency and successful portfolio management. This positive trend is indicative of the company's strong financial health and effective business strategy.
Dividend Announcement
Coreo AG has announced that it will maintain its dividend payout for 2021, continuing its commitment to providing shareholder value. This decision reflects the company's stable financial position and confidence in its ongoing cash flow generation capabilities.
Future Outlook
Looking ahead, Coreo AG remains optimistic about its future performance, with plans to further expand its property portfolio and enhance asset value. The company's strategic initiatives are expected to drive sustainable growth and profitability in the coming years.
Investment Highlights
Coreo AG's recent investments in strategic properties have significantly enhanced its market position. These acquisitions are expected to yield high returns and contribute to the company's long-term success, highlighting its proactive approach in the real estate sector.
Summarized from source with an LLMView SourceKey figures
Performance
Volatility
6 M
Market cap (USD)
15,969
Daily traded volume (Shares)
0.23 / 0.2
1 day high/low (USD)
52 weeks high/low (USD)
Dividend ex-date
Dividend (USD)
Dividend yield (p.a.)
Est dividend (USD)
Est dividend yield
P/E ratio
Est P/E ratio
EPS (USD)
Est EPS (USD)
Ratings & reviews
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