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Prelios SpA (PCRE.MI)

PCRE.MI on Milan Stock Exchange

0.10EUR
28 Mar 2017
Change (% chg)

€0.00 (+0.00%)
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Volume
1,952,693
Avg. Vol
4,155,468
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€0.11
52-wk Low
€0.07

Latest Key Developments (Source: Significant Developments)

Prelios appoints Sergio Cavallino CFO
Thursday, 25 Aug 2016 04:12am EDT 

Prelios SpA :Said on Wednesday it appointed Sergio Cavallino Chief Financial Officer, effective as of Aug. 24.  Full Article

Prelios H1 net loss widens to EUR 23.3 mln
Thursday, 28 Jul 2016 11:53am EDT 

Prelios SpA : H1 revenue 34.1 million euros ($37.81 million) versus 32.8 million euros a year ago .H1 net loss 23.3 million euros versus loss 13.1 million euros a year ago.  Full Article

Prelios to start tender to sell residual portfolio of fund "Tecla - Fondo Uffici"
Thursday, 7 Jul 2016 05:00am EDT 

Prelios SpA : Said on Wednesday that the board of Prelios SGR decided to start a tender for the en-bloc sale of fund "Tecla - Fondo Uffici" residual portfolio, net of the properties that are subject to preliminary sales agreements .The duration of fund "Tecla - Fondo Uffici" comes to an end on Dec. 31, 2017.  Full Article

Prelios Q1 net loss widens to EUR 9.6 mln
Thursday, 12 May 2016 11:48am EDT 

Prelios SpA : Q1 net loss 9.6 million euros ($10.92 million) versus loss 6.1 million euros a year ago .Q1 revenue 15.6 million euros versus 16.0 million euros year ago.  Full Article

Prelios SpA FY net loss shrinks to EUR 44.5 mln; CEO Sergio Iasi resigns - Reuters News
Monday, 21 Mar 2016 11:39pm EDT 

Prelios SpA:Reported on Monday FY net loss of 44.5 million euros ($50.01 million) versus loss of 61.2 million euros a year ago - RTRS.FY total operating revenues 82.2 million euros versus 83.4 million euros a year ago.Sergio Iasi resigned as CEO having met the goals he set out to achieve.Board set up a general management department without appointing for the time being a new CEO and appointed Riccardo Serrini general manager.2017 economic targets confirmed for both turnover and EBIT and central costs reduction.  Full Article

Prelios SpA sells all unexercized option rights in cash call
Tuesday, 1 Mar 2016 05:10am EST 

Prelios SpA:All of the 251,496,500 option rights not exercised during the subscription period with an overall value of about 34,522.55 euros have been sold, which allow for the subscription of 226,346,850 shares, with an overall value of about 23.3 million euros.Unexercized option rights offer relates to the offering for the maximum number of 646,145,631 newly issued Prelios ordinary shares.  Full Article

Prelios SpA subscribes 20 million euros of Focus Investments participating financial instruments
Wednesday, 24 Feb 2016 07:00pm EST 

Prelios SpA:Subscribes 20 million euros of participating financial instruments issued by Focus Investments SpA.Focus Investments is a special purpose vehicle to which the property investments and co-investments business of Prelios has been transferred.Prelios is released in full from its joint liability for the debt transferred to Focus Investments, equal to about 176 million euros as from the effective date of the contribution.  Full Article

Prelios SpA unit to be advisor for sale of three real estate complexes in Milan‍
Thursday, 21 Jan 2016 07:00pm EST 

Prelios SpA:Unit Prelios Agency receives three mandates as exclusive advisor for the sale of three real estate complexes in Milan‍.  Full Article

Prelios SpAboard exercises power to increase capital up to 66.5 million euros
Tuesday, 12 Jan 2016 11:48am EST 

Prelios SpA:Board exercises power to increase capital up to 66.5 million euros.‍Intesa Sanpaolo SpA, Unicredit SpA and Pirelli SpA to subscribe 12 million euros of reserved capital increase​‍​.  Full Article

Prelios SpA shares soar on report of investor interest-Reuters
Tuesday, 18 Aug 2015 05:08am EDT 

Prelios SpA:Shares in Italian property firm Prelios rise 15 pct following a report in Italian daily Corriere della Sera about possible interest from international investors in taking a stake in the company-Reuters.Prelios announced on Aug. 6 a spin-off of its non-core assets to focus on its real estate services business, co plans to launch a 66.5 million euro share sale by the end of the year.In an unsourced report, Corriere says that U.S. private investment firm Starwood Capital, George Soros's investment fund Quantum Strategic Partners, property company CBRE Group have informally expressed an interest in becoming shareholders.Prelios declined to comment. The three potential investors were not immediately available for comment.Traded volumes are nearly 3.5 times the daily average of the past month. Italy's all-share index is down 0.1 percent.  Full Article

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BRIEF-Prelios 9-month net loss widens to EUR 24.1 mln

* 9-month revenue from sales and services 51.3 million euros ($55.82 million) versus 45.8 million euros a year ago