Patrizia beats annual income expectations


Patrizia, the pan-European real estate investment group, has beaten expectations by posting an operating income of €134.5m (£112m) for the 2019 financial year.

Analysts had been expecting a figure between €120m to €130m, but the 2019 figure is down on 2018’s €141.4m, which contained significant revenue contribution from the sale of investments and co-investment income.

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