TORONTO, Aug. 15, 2025 (GLOBE NEWSWIRE) -- European Residential Real Estate Investment Trust (TSX: ERE.UN, “ERES”) is pleased to announce that the trustees of ERES have declared the August 2025 monthly cash distribution of €0.005 per Unit and Class B LP Unit (the “August 2025 Distribution”), being equivalent to €0.06 per Unit annualized. The distribution will be payable to holders of the Units and Class B LP Units (the “Unitholders”) of record on August 29, 2025, with payment on September 15, 2025.
The Group published today the Consolidated Interim Report for II Quarter and 6 Months of 2025 (Unaudited). In the stock exchange notice and in the respective section “Key financials” of the report, it was erroneously stated that the result for the second quarter was a net loss, whereas the actual result was a net profit of EUR 4.3 million. Therefore, we are publishing again both the corrected notice and the amended report.
The Group published today the Consolidated Interim Report for II Quarter and 6 Months of 2025 (Unaudited). In the stock exchange notice and in the respective section “Key financials” of the report, it was erroneously stated that the result for the second quarter was a net loss, whereas the actual result was a net profit of EUR 4.3 million. Therefore, we are publishing again both the corrected notice and the amended report.
In the first half of 2025, revenue amounted to €7,115 thousand (H1 2024: €7,809 thousand). The decline was mainly due to a more competitive pricing strategy that was implemented on the Textmagic platform. EBITDA was €2,581 thousand (H1 2024: €3,149 thousand), and the operating loss totaled to €123 thousand (H1 2024: operating profit of €1,097 thousand). Profitability was negatively affected by an increase in amortization expenses of €652 thousand, resulting from the higher volume of development activities in previous periods with the goal of improving the value proposition.
As design trends increasingly favour linear aesthetics, Hettich once again takes centre stage with the industry's most extensive portfolio of linear drawer systems.
MUMBAI, India,...
In the second quarter, Tallinna Sadam earned close to 30 million euros in sales revenue and more than 3 million euros in profit. The revenue for six months was 58 million euros and the profit exceeded 10 million euros. In the second quarter, the volume of investments increased to 8 million euros, in the first half of the year we invested a total of 12 million euros.
BEIJING, Aug. 6, 2025 /PRNewswire/ -- A report from People's Daily:
Wuxi National Hi-tech District (WND), located in east China's Jiangsu province, has become a...
TORONTO, Aug. 06, 2025 (GLOBE NEWSWIRE) -- European Residential Real Estate Investment Trust ("ERES" or the "REIT") (TSX: ERE.UN) announced today its results for the three and six months ended June 30, 2025.
The Land Transport Authority of Singapore has awarded the contract to Alstom for the design, supply, installation, testing and commissioning of the Urbalis CBTC...
5 August 2025 – Alstom, a global leader in smart and sustainable mobility, has been awarded a contract by the Land Transport Authority of Singapore to deliver a high-capacity driverless signalling system for the stations of the East West Line which will connect to the Thomson-East Coast Line extension (TELe). The contract, worth a couple of hundred million euros covers the conversion of Tanah Merah, Expo, and Changi Airport stations to TEL, and the equipment of the line extension to the future Changi Airport Terminal 5 station. This extension will directly connect the TEL to Changi Airport, improving passenger experience and journey efficiency, while advancing Singapore’s Land Transport Master Plan 2040 (LTMP 2040) objective of seamless, end-to-end connectivity.