Rodamco Europe increases profit forecast for 2006

Rodamco Europe, the largest publicly-listed retail property investment and management company in Europe, has revised its outlook upwards for the full year 2006 from 7% to at least 8%. Highlighting that growth of like for like net rental income was 4.8%, Maarten Hulshoff, ceo of the Dutch-based company, told PropertyEU ‘this is a pretty good number for today’s market’.

Would you like to read more? Log in first (top right of the screen) or take a trial.